Investments – Griffin Law Firm

Former Morgan Stanley and Ameriprise Rep Censured By FINRA

FINRA recently fined former Texas-based Morgan Stanley and Ameriprise broker Steven Yellen $25,000 for unauthorized trading at the firms. FINRA alleged Mr. Yellen improperly exercised discretion on thirty different occasions between 2013 and 2017. Unauthorized trading is where an advisor representative does not seek or receive authorization from his or her client in advance of […]

By : Keith Griffin Oct 30, 2019 No Comment

Enforcement, Investments, SEC

ADV Time for RIAs

RIA firms with a fiscal calendar ending on December 31st have until March 31st to file their updated ADVs with the SEC. In addition, following the SECs new requirements (adopted last summer), there are 8 changes required on the Form ADV for firms filing after October 1. The purpose of the new data is to […]

By : Keith Griffin Mar 15, 2017 No Comment

Investments, Lawsuits

First David Lerner Apple REIT Award Issued

Griffin Law Firm, LLC in Indianapolis is pleased to announce the first securities arbitration award in the US against David Lerner Associates for its Apple REIT sales has been decided in the Claimants’ favor. Griffin Law Firm, LLC filed a simplified claim through FINRA-DR earlier this year. On May 21, 2012, the New York-based arbitrator decided in […]

By : Keith Griffin May 31, 2012 No Comment

Investments, Law Firm, Stocks

FINRA Simplified Arbitration

Investors who have suffered losses of less than $25,000 oftentimes find themselves with nowhere to turn. It is not cost effective for these investors to hire attorneys at traditional hourly rates. Additionally, many contingency-fee lawyers will not take on such a matter. Griffin Law Firm, LLC in Indianapolis has a solution. FINRA Rules provide for […]

By : Keith Griffin Apr 23, 2012 No Comment

Investments, Managment, Stocks

Investment Losses – Ups and Downs

With the stock market seeing gains and losses in the triple digits (daily it seems), investors are rightly concerned. These uncertain times bring fear and anxiety to many (if not most) investors. Unfortunately there is no one size fits all approach for dealing with the volitility. That said, all investors must evaluate their investments and […]

By : Keith Griffin Sep 7, 2011 No Comment

Enforcement, Investments, Legal Updates

Samex Capital Advisors LLC Money Manager License Revocation

Samex Capital Advisors, LLC money manager Keenan Hauke, of Fishers, Indiana, has had his financial advising license revoked. The Indiana Securities Division took the dramic step recently following allegations by a former employee of misallocation of client funds. The Order of Revocation signed by the Indiana Securities Commissioner stated that there was a “substantial threat […]

By : Keith Griffin May 12, 2011 No Comment

Investments, SEC

SEC gave investors half a loaf in arb panel ruling – Investment News

Click to read the full article: SEC gave investors half a loaf in arb panel ruling – Investment News

By : Keith Griffin Feb 17, 2011 No Comment

Investments, Links, SEC

Advisers’ fear factor spikes amid SEC social-media ‘sweep’

Click to read the full article: Advisers’ fear factor spikes amid SEC social-media ‘sweep’ – Investment News