Category: Stocks

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 […]

Chart Showing Investment Losses

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 […]