Securities Lawyers Blog
Our law firm represents individual and institutional investors that have been mistreated by their brokers and brokerage firms, such as TD Prime Services LLC. 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.
TD Prime Services LLC is a broker-dealer that provides prime brokerage services to institutional clients, including financing, securities lending, and the clearing of equity, option, and fixed income trades. Based in New York and owned by The Toronto-Dominion Bank through its U.S. holding companies, the firm self-clears through DTCC, NSCC, and OCC and holds memberships with the NYSE and Nasdaq.
TD Prime Services LLC – By the Numbers:
- CRD #: 1914
- Regulatory Events: 11
- Broker Employees: 56
TD Prime Services LLC – In the News:
FINRA v. TD Prime Services LLC (Case #2015045345501) – In connection with this matter 20150453455, the Short Interest Team of the Department of Market Regulation reviewed the firm’s compliance with short interest reporting requirements set forth in FINRA Rule 4560 and related supervision requirements during the period of August 15, 2014, through June 15, 2015 (the “review period”). As described below, the firm failed to comply with the short interest reporting requirements and related supervisory requirements and, as a result, the firm violated Rules 4560, 3110, 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.