Securities Lawyers Blog
The law offices of Gana Weinstein LLP represents investors in investment disputes with their financial advisors or brokerage firms, such as US Tiger Securities, Inc.. Many investors do not recognize financial advisor misconduct when it happens, but there are steps that can be taken to recover investment losses. There are many different types of broker misconduct, including breach of fiduciary duty, failure to supervise, misrepresentation, and churning. The attorneys at Gana Weinstein LLP can analyze your investments to determine if there was actionable misconduct by the broker or brokerage firm.
US Tiger Securities is an introducing broker-dealer that provides online trading, execution, and corporate services to clients and foreign affiliates, with approved activities including underwriting, stock lending introductions, corporate access, mergers and acquisitions advisory, and research. Formed in New Jersey in 2010 as JFD Securities and renamed in 2018, the firm leases offices in New York City and is a wholly owned subsidiary of Tiger Fintech Holdings.
US Tiger Securities, Inc. – By the Numbers:
- CRD #: 120583
- Regulatory Events: 3
- Broker Employees: 34
US Tiger Securities, Inc. – In the News:
FINRA v. US Tiger Securities, Inc. (Case #2022073322301) – US Tiger and TradeUP are affiliated firms owned by an offshore holding company. Both firms serviced foreign financial institution omnibus accounts that transacted in thinly traded low-priced securities. Between November 2019 and March 2021 (US Tiger) and between April 2021 and June 2023 (TradeUP), the firms’ AML programs were not reasonably designed to detect and report potentially suspicious transactions given this business. The firms also failed to conduct appropriate due diligence on correspondent accounts for foreign financial institutions. Between January 2019 and November 2021, both firms also failed to retain and review communications on an electronic messaging platform provided by the firms’ parent. For their AML violations (FINRA Rules 3310 and 2010) and their communications retention and supervision violations (Exchange Act Rule 17a-4 and FINRA Rules 3110, 4511, and 2010), US Tiger and TradeUP are fined a total of $950,000, and TradeUP has agreed to an undertaking.
Gana Weinstein LLP has successfully handled hundreds of customer investment disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.