Securities Lawyers Blog
The investment lawyers at Gana Weinstein LLP have experience helping investors determine whether their portfolio losses at investment firms, such as Santander Securities LLC, were caused by broker misconduct. There are many different ways that your broker can impermissibly drain your accounts. Our attorneys can help you understand the cause of your investment losses, uncover misconduct, and apply the law to hold accountable those responsible.
Santander Securities LLC is the bank-affiliated broker-dealer and investment adviser of Santander Bank, offering brokerage, insurance, portfolio management, and financial planning to individuals, families, and institutions. Based in Boston and a broker-dealer since 1996, the firm is a wholly owned subsidiary of Santander Holdings USA, whose bank serves customers mainly in the Mid-Atlantic and Northeastern United States.
Santander Securities LLC – By the Numbers:
- CRD #: 41791
- Regulatory Events: 12
- Arbitration Events: 7
- Broker Employees: 353
Santander Securities LLC – Investment Advisors:
- SEC #: 56796
- Assets Under Management: $3,140,983,898
- ADV Form Employee: 449
Santander Securities LLC – In the News:
FINRA v. Santander Securities LLC (Case #2013038868601) – In Review No. 20130388686, the Fixed Investigations Team of the Department of Market Regulation reviewed the firm’s compliance with Municipal Securities Rulemaking Board (“MSRB”) rules governing fair and reasonable pricing of municipal bonds during the period from July 1, 2013, through September 30, 2013 (the “review period”). As detailed below, the firm violated MSRB Rules G-17 and G-30 by selling municipal securities to customers at unfair and unreasonable prices in 12 transactions.
Gana Weinstein LLP has successfully litigated broker disputes through verdict or settlement. We represent both individuals and institutions throughout the country in FINRA arbitration, as well as commercial litigation in state and federal courts. Our consultations are both free and thorough and our securities litigation attorneys can help you uncover wrongful activity in your account.