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
  • Mortgage Document Review During Foreclosure

    If you are involved in a foreclosure proceeding, you should hire a foreclosure defense attorney to conduct a m...
    • Site: foreclosurelawfirms.com
  • Loan Auditing To Stop a Foreclosure

    A forensic loan audit of your mortgage loan documents may reveal lender violations that your attorney can use ...
    • Site: foreclosurelawfirms.com
    • 1 of 1 user(s) found this useful
  • How to Stop Foreclosure in Florida

    You can stop foreclosure in Florida.  Most homeowners panic when they receive a foreclosure complaint and summ...
    • Site: foreclosurelawfirms.com
    • 6 of 6 user(s) found this useful
  • 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

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