Securities Lawyers Blog
Brokerage firms such as Velocity Capital, LLC have a duty to supervise their financial advisors and to recommend only investments that are suitable for their customers. When a firm breaches that duty through negligent supervision, overconcentration, excessive investment risk, or misrepresentation, investors have the right to bring a claim against the brokerage firm. The broker misconduct attorneys at Gana Weinstein LLP represent investors in these claims and can evaluate whether your investment losses were caused by misconduct.
Velocity Capital is a self-clearing broker-dealer that provides securities borrowing and lending services to broker-dealers and financial institutions and engages in proprietary trading of United States equities and listed options. Formed as a Nevada company in 2014, the firm has its principal office on Water Street in New York City.
Velocity Capital, LLC – By the Numbers: