Securities Lawyers Blog
The securities attorneys at Gana Weinstein LLP represent investors in their disputes with brokerage firms, such as RBC Securities, Inc. Our firm can analyze your accounts and investments in order to determine if there was any broker misconduct in the handling of your accounts. Our analysis can reveal whether an investor has been a victim of misconduct such as unsuitable investments, unauthorized trading, excessive trading, or investment fraud.
RBC Securities, Inc. is a California broker-dealer and investment adviser that provides financial planning, portfolio management, and brokerage to high net worth individuals, families, businesses, charities, and retirement plans. Registered since 2010 and based in Los Angeles, the firm serves clients from offices including Beverly Hills, Pasadena, and Solana Beach.
RBC Securities, Inc – By the Numbers:
- CRD #: 103705
- Regulatory Events: 3
- Broker Employees: 182
RBC Securities, Inc – Investment Advisors:
- SEC #: 71181
- Assets Under Management: $1,515,102,638
- ADV Form Employee: 186
RBC Securities, Inc – In the News:
FINRA v. RBC Securities, Inc (Case #2014043089901) – From January 2008 through September 2014, CNS failed to supervise certain of its registered representatives to ensure their compliance with FINRA rules relating to outside business activities, private securities transactions, and outside accounts. In particular, although CNS was aware that registered representative DZ, who was employed by a CNS-affiliated registered investment advisor, was engaging in outside business activities, held outside brokerage accounts through those outside entities, and was engaging in private securities transactions through at least one of those outside entities, the firm did not ensure that DZ properly disclosed those outside business activities, private securities transactions, or outside brokerage accounts. CNS thus failed to adequately review or evaluate DZ’s outside business activities, failed to supervise the activity in some of the outside brokerage accounts and the private securities transactions, failed to record the private securities transactions on CNS’s books and records, and failed to identify and follow up on items that should have warranted further scrutiny of DZ’s activities. As a result of the foregoing, CNS violated NASD Rules 3010 and 2110 and FINRA Rule 2010.
Our attorneys have successfully represented hundreds of investors in investment disputes with their brokers and brokerage firms. Our consultations are free and we welcome all inquiries.