Fort Lauderdale Fl. FINRA recently reviewed brokers’ communications with investors regarding crypto assets and found them lacking. FINRA published a report that explained that unwarranted or misleading communications include that crypto assets are easily tradable or liquid, that crypto is similar to gold or cash alternatives or failed to disclose the speculative nature of these investments.
Regardless, recommendations from your broker to invest in crypto or other illiquid speculative investments like start up biotech or other tech with no earnings are unsuitable for many investors.
Has your broker recommended speculative investments where you have lost money? If so, If you have questions about activity in your account and are not satisfied with your broker or his explanation, contact us for a no-cost review of your concerns. To initiate the process, you can contact Attorney Mark A. Tepper by sending an email to askmark@marktepper.com or calling (954)704-2310.