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 one disclosable event. These events include one customer complaint, 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.