Securities Lawyers Blog
The attorneys at Gana Weinstein LLP represent clients of financial advisors and brokerage firms in investment disputes against their firms, such as Performance Trust Capital Partners, LLC. Our services cover a wide spectrum of broker misconduct, including unsuitable investments, failure to supervise, and losses in various investment products. Our firm can analyze your brokerage accounts, determine the extent of your investment losses, and understand the issues and remedies available.
Performance Trust Capital Partners is a fixed income broker-dealer and investment bank that serves community banks and credit unions with bond trading, balance sheet and asset liability strategy, hedging analysis, and mergers, acquisitions and capital raising advice. Tracing its roots to a predecessor founded in Wheaton, Illinois in 1994, the Chicago-based firm serves more than 1,200 financial institution clients from offices across the country.
Performance Trust Capital Partners, LLC – By the Numbers:
- CRD #: 36155
- Regulatory Events: 8
- Broker Employees: 263
Performance Trust Capital Partners, LLC – In the News:
FINRA v. Performance Trust Capital Partners, LLC (Case #2019063924601) – From July 2018, through June 2020, Performance Trust failed to timely report 1,247 TRACE-eligible securities transactions to TRACE. During this period, the firm also failed to establish and maintain a supervisory system reasonably designed to achieve compliance with its TRACE reporting requirements. Based on the foregoing, Performance Trust violated FINRA Rules 6730(a), 3110(a) and 2010.
FINRA v. Performance Trust Capital Partners, LLC (Case #2015047655301) – In Matter No. 20150476553, the Department of Market Regulation reviewed the firm’s compliance with rules regarding the reporting of transactions in eligible Securitized Products to the Trade Reporting and Compliance Engine (“TRACE”) during the periods of July 1, 2015 through September 30, 2015 (“3Q15”) and October 1, 2015 through December 31, 2015 (“4Q15”). In Matter No. 20150477791, the Department of Market Regulation reviewed the firm’s compliance with Municipal Securities Rulemaking Board (“MSRB”) Rule G-14 during the time periods of 3Q15, 4Q15, and January 1, 2016 through March 31, 2016 (“1Q16”). During the above-referenced time periods, as discussed further below, Respondent failed to timely report trades, in violation of FINRA Rules 6730 and 2010 and MSRB rule G-14.
Gana Weinstein LLP represents individuals, families, and institutions in securities arbitration and litigation against brokerage firms. If you suspect churning, excessive commissions, unauthorized trading, or other misconduct in your Performance Trust Capital Partners, LLC account, our consultations are free and confidential.