Securities Lawyers Blog
Can I sue my brokerage firm? Investors with accounts at RNR Securities, L.L.C. ask the investment dispute attorneys at Gana Weinstein LLP that question when their losses do not match the market. In most cases the answer runs through FINRA arbitration, where claims for unsuitable investments, negligence, and failure to supervise are heard. Our attorneys can review your accounts, explain your options, and pursue a FINRA arbitration claim against the brokerage firm when the facts support one.
RNR Securities is an introducing broker-dealer whose business is limited to the distribution of mutual funds, variable life insurance, variable annuities, and real estate investment trusts to customers. Organized in New York in 1997, the firm is an individually owned limited liability company headquartered in East Meadow on Long Island.
RNR Securities, L.L.C. – By the Numbers:
- CRD #: 43689
- Regulatory Events: 4
- Broker Employees: 15
RNR Securities, L.L.C. – In the News:
FINRA v. RNR Securities, L.L.C. (Case #2019060754301) – In 2018, RNR failed to inspect its OSJ branch office as required by FINRA Rule 3110(c)(1)(A). In 2019, RNR’s written reports concerning inspections of its OSJ branch office and a non-OSJ branch office failed to evidence testing and verification of the firm’s policies and procedures in various areas, including transmittal of customer funds and changes of customer account information, as required by FINRA Rule 3110(c)(2)(A). By reason of the foregoing, RNR violated FINRA Rules 3110(c) and 2010.
FINRA v. RNR Securities, L.L.C. (Case #2016047644601) – This matter concerns RNR’s failure to establish, maintain and enforce a supervisory system concerning electronic communications reasonably designed to achieve compliance with FINRA Rules 3110(a), (b)(4) and 2010.
Gana Weinstein LLP has successfully handled hundreds of investment disputes involving breach of fiduciary duty, negligent supervision, and unsuitable investment recommendations. Our FINRA attorneys offer free consultations to investors with losses at RNR Securities, L.L.C. and other brokerage firms.