Broker Conduct

There are a number of common signs which indicate that your broker may have committed securities fraud. If you suspect fraudulent broker conduct, you should examine your account, as well as your broker's transactions on your account, in order to definitively determine whether fraud has occurred. For instance, if you are receiving an excessive amount of purchase and sale confirmations from your broker on your account, your broker may be engaged in a fraudulent practice known as "churning", by which a broker earns additional commissions for making excessive trades. Likewise, if you see that your account has quickly declined in value over a relatively short period of time, you may want to question your broker's reliability, and dedication to meeting your financial goals and needs. Furthermore, if your broker seems to be pushing you to own ヨ and not sell ヨ certain stocks or classes of stocks, keep in mind that your broker may have another motive for encouraging you to purchase the stock, such as personal financial gain.

Fast Facts

  • In 2004 - 2005, 28% of all securities-related complaints came from senior citizens.

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  • Bad Investment and Financial Advice

    In the United States, over 25 million citizens are victims of fraudulent crimes each year. The 25 million citi...
    • Site: securitieslawfirms.com
  • Real Estate in New Jersey

    The New Jersey Department of Banking and Insurance (DOBI) supervises the New Jersey Real Estate Commission. Th...
    • Site: lawfirms.com
  • Real Estate Litigation

    Are you involved in a real estate litigation battle? One of the largest areas of real estate law is in the set...
    • Site: realestatelawyers.com
  • Lawyers for Forensic Loan Audits

    A short introduction explaining what forensic loan audits are and when they're required, then explain if hirin...
    • Site: foreclosurelawfirms.com
  • What to Expect When Purchasing a Home

    Purchasing a home is a major event in one’s life with a great deal of both financial and emotional consequence...
    • By: Richard Lovell
    • Site: realestatelawyers.com
    • 4 of 5 user(s) found this useful

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