Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Hebert (Hebert), previously associated with Openyield Trading LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Hebert recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on July 20, 2020.
Customer alleged that Mr. Hebert failed to disclose that the Bristol-Myers Squibb bonds sold to it on July 16,2020 were unregistered 144A securities and that the bonds were inconsistent with its portfolio guidelines.