Brokerage firms are responsible for supervising their brokers to prevent unsuitable and excessive trading. Network 1 Financial Securities, Inc., recently entered an acceptance waiver and consent with FINRA and was fined $200,000 for failing to establish an adequate supervisory system. Network 1 Financial Securities, Inc. has 19 regulatory actions on its CRD and in June 2022 was ordered to pay more than $1.2 million to a customer in a FINRA arbitration. Frequent trades and high risk securities in your account are red flags that something may be wrong. If you have losses or are concerned about risk in your account with Network 1 Financial Securities, Inc. or any other brokerage firm, please contact us for a no-cost evaluation of your potential claim.
Investor Alert: Network 1 Financial Securities, Inc.
