Millions of investment transactions take place every day in the U.S. and investors often use brokers to manage their investments. Brokers—either firms or individuals—make their money from commissions. With the amount of activity and money being invested daily, there is bound to be a high potential for a broker to defraud or otherwise take advantage of investors. What recourse do investors have when their brokers mismanage the investments (often for their financial gain)?
The information contained in this blog is made available for educational and informational purposes and is not a substitute for legal advice or reading the rules and regulations discussed herein. In any particular case, you should consult with lawyers at the firm with the most experience on the topic, another attorney of your choice, or law enforcement. Depending on your specific situation, answers other than those outlined in this blog may be appropriate. Your use of this blog and website creates no attorney client relationship between you and Kozyak Tropin & Throckmorton LLP.