Securities Lawyers Blog
Our law firm represents individual and institutional investors that have been mistreated by their brokers and brokerage firms, such as Stonex Securities Inc.. Many investors do not recognize broker misconduct in their accounts, and those that do are often hesitant to seek help. Broker misconduct spans many issues that violate industry rules, including unauthorized trading, breach of fiduciary duty, unsuitable asset allocation, and churning. The attorneys at Gana Weinstein LLP can analyze your accounts and investments to determine if there was misconduct in the handling of your account.
StoneX Securities is a broker-dealer that offers securities products to individual investors and operates under the StoneX Wealth Management trade name. Formed in Delaware in 2002, the firm is a wholly owned subsidiary of StoneX Group, a Nasdaq-listed financial services company headquartered in New York with roots dating to 1924 and more than 80 offices across six continents.
Stonex Securities Inc. – By the Numbers:
- CRD #: 18456
- Regulatory Events: 9
- Arbitration Events: 4
- Broker Employees: 446
Stonex Securities Inc. – In the News:
FINRA v. Stonex Securities Inc. (Case #2014039419601) – From June 21, 2013 through August 13, 2014, SAFS failed to establish, maintain and enforce a supervisory system and WSPs reasonably designed to ensure that the Firm made timely and accurate amendments to registered representatives’ Uniform Application for Securities Industry Registration or Transfer (“Forms U4”) to disclose liens, judgments and outside business activities. The Firm also failed to timely update Forms U4 for registered representatives. As a result of the foregoing, the Firm acted in contravention of Article V, Section 2 of FINRA’s By-Laws and in violation of FINRA Rules 1122 and 2010, and NASD Rule 3010.
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.