HSBC Miami sold Investor Toxic Debt – Claim Alleges

Ft. Lauderdale, Fl. – A Honduran investor has filed claim against HSBC alleging that an investment described as a "Washington Mutual" perpetual bond was not a bond at all, but a derivative mortgage backed security, created by Washington Mutual, to take toxic home...

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Penny Stock Sinks Single Mom’s Savings

Ft. Lauderdale, Fl., -- Broker received FINRA suspension and fine for Similar Conduct - Claim alleges. A Florida mother whose irreplaceable savings eventually became worthless after they were allegedly invested by a Garden State Securities broker in a single penny...

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Gaps Found in FINRA Reporting Requirements for B/Ds

Gaps Found in FINRA Reporting Requirements for B/Ds

As reported in Bank Investment Consultant By Dave Lindorff. When a broker defrauds investors, or is otherwise sanctioned by the Financial Industry Regulatory Authority, the decision becomes publicly available on FINRA's website through a program called "Broker Check."...

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FINRA arbitrator rules against Charles Schwab

..as reported in The Associated Press By Rzl-avv-ajh | AP – Tue, Jul 5, 2011 FORT LAUDERDALE, Fla. - Charles Schwab has been ordered to pay compensatory damages and other costs to a Maryland couple who claimed the brokerage firm advised them to remain invested in a...

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