Securities Lawyers Blog
When FINRA brings a disciplinary action against a brokerage firm, the findings frequently describe supervisory failures, unsuitable investment recommendations, or sales practice violations that affected many customers at once. The FINRA actions described below involve Sentinel Brokers Company, Inc. The FINRA arbitration lawyers at Gana Weinstein LLP represent investors in FINRA customer disputes against brokerage firms, and a firm’s regulatory record is often important evidence in those claims. Our attorneys can determine whether your investment losses are connected to the conduct FINRA identified.
Sentinel Brokers Company is an institutional broker-dealer specializing in bond brokerage, which added equity market-making in 2021 and underwriting and selling group activities for corporate securities offerings in 2025. Established in 1996 and based in New York, the firm is a subsidiary of DSS, a multinational company listed on the NYSE American.
Sentinel Brokers Company, Inc. – By the Numbers:
- CRD #: 40305
- Regulatory Events: 1
- Broker Employees: 6
Sentinel Brokers Company, Inc. – In the News:
FINRA v. Sentinel Brokers Company, Inc. (Case #2022077353201) – From April 30, 2022, to September 30, 2022, the firm failed to maintain accurate books and records concerning the firm’s net capital. During the same period, the firm filed five inaccurate Financial and Operational Combined Uniform Single (FOCUS) reports with FINRA. As a result, the firm violated Section 17(a) of the Securities Exchange Act of 1934, Exchange Act Rules 17a-3 and 17a-5, and FINRA Rules 4511 and 2010. Between May 31, 2022, to July 31, 2022, SBC conducted a securities business while failing to maintain its minimum required net capital. As a result, the firm violated Section 15(c)(3) of the Exchange Act, Exchange Act Rule 15c3-1, and FINRA Rules 4110 and 2010. During the same period, SBC failed to timely file with the SEC and FINRA notices of its net capital deficiencies, violating Section 17(a) of the Exchange Act, Exchange Act Rule 17a-11, and FINRA Rule 2010. The firm is censured and fined $25,000.
You do not have to accept investment losses caused by broker negligence or fraud. Gana Weinstein LLP represents investors, including customers of Sentinel Brokers Company, Inc., in FINRA arbitration and in state and federal court, our consultations are free, and we welcome all inquiries.