Securities Lawyers Blog
The securities lawyers at Gana Weinstein LLP represent investors who have been mistreated by their brokers and suffered investment losses. Our firm is experienced in bringing claims against brokerage firms, such as Sgi Securities LLC, to hold Wall Street responsible for their misconduct. When a client contacts our firm they can expect that our attorneys will have the knowledge and ability to evaluate the potential claims and analyze their trading activity for red flags of misconduct. Our consultations are designed to help provide clients with all available options.
SGI Securities is a broker-dealer that focuses on consulting and placement work for private placements and debt offerings and does not handle customer transactions or accounts. Formed in New York in 2010 and known as SGI Cambium Securities until 2017, the firm is based in Manhattan on East 57th Street.
Sgi Securities LLC – By the Numbers:
- CRD #: 155643
- Regulatory Events: 1
- Broker Employees: 5
Sgi Securities LLC – In the News:
FINRA v. Sgi Securities LLC (Case #2016047637501) – Between February 1, 2014 and September 30, 2014, 2,830 SGI emails were not retained on the third-party system the firm used to comply with SEC Rule 17a-4; although SGI kept those emails on its own server, the server was not Rule 17a-4 compliant. Between May 2012 and October 2016, SGI’s email retention system also did not prevent the firm from permanently deleting emails, and SGI failed to document its supervisory email reviews. As a result, SGI violated Section 17(a) of the Securities Exchange Act of 1934, Rule 17a-4, NASD Conduct Rule 3010(d)(1), and FINRA Rules 3110(b)(4), 4511, and 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.