Securities Lawyers Blog
The investment lawyers at Gana Weinstein LLP have experience helping investors determine whether their portfolio losses at investment firms, such as Young America Capital, LLC, were caused by broker misconduct. There are many different ways that your broker can impermissibly drain your accounts. Our attorneys can help you understand the cause of your investment losses, uncover misconduct, and apply the law to hold accountable those responsible.
Young America Capital is a securities broker-dealer. The firm was formed in Delaware in 2000.
Young America Capital, LLC – By the Numbers:
- CRD #: 150443
- Regulatory Events: 1
- Broker Employees: 48
Young America Capital, LLC – In the News:
FINRA v. Young America Capital, LLC (Case #2021069389701) – Since at least August 2020, Young America has failed to develop and implement a written anti-money laundering (AML) program reasonably designed to achieve compliance with the requirements of the Bank Secrecy Act (BSA) and its implementing regulations. Specifically, the firm failed to establish and implement policies and procedures that could be reasonably expected to detect and cause the reporting of suspicious transactions. As a result, Young America violated FINRA Rules 3310(a), 3310(f)(ii) and 2010. Young America also failed to provide reasonable AML training to its registered representatives in violation of FINRA Rules 3310(e) and 2010. For these violations, Young America is fined $50,000 and 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.