Securities Lawyers Blog
The securities attorneys at Gana Weinstein LLP represent investors in their disputes with brokerage firms, such as Seaport Global Securities LLC. 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.
Seaport Global Securities is a full service, mid-sized investment bank and institutional broker-dealer that provides capital markets advisory, sales, trading, and research across the credit-risk spectrum, along with underwriting and advice on mergers, acquisitions, and restructurings, with a focus on energy, industrials, shipping, and chemicals and refining. Formed in Delaware in 2001 as a wholly owned subsidiary of Seaport Global Holdings, the firm serves mainly large institutions, funds, and corporate issuers.
Seaport Global Securities LLC – By the Numbers:
- CRD #: 116270
- Regulatory Events: 3
- Broker Employees: 200
Seaport Global Securities LLC – In the News:
FINRA v. Seaport Global Securities LLC (Case #2020067409501) – From at least March 2020 to the present, Seaport failed to establish, maintain, and enforce a reasonably designed system, including written supervisory procedures (WSPs), to supervise manual transactions by its options trading desk. Specifically, the firm failed to reasonably supervise its options trading desk in canceling (or busting) and re-executing (or adjusting) manual options transactions and in creating complete and accurate order memoranda in connection with those transactions. Therefore, the firm violated FINRA Rules 3110 and 2010. Additionally, between March 2020 and June 2021, Seaport created incomplete and inaccurate order memoranda for four busted and adjusted manual options orders, in violation of Section 17(a) of the Securities Exchange Act of 1934, Exchange Act Rule 17a-3(a)(6), and FINRA Rules 4511(a) and 2010.
Gana Weinstein LLP has successfully handled hundreds of customer investment disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.