Bob D’Andria (CRD#: 1916172), a registered representative with International Assets Advisory, LLC (CRD#: 10645) in Spring Lake, New Jersey, has been suspended from the securities industry after recommending non-traditional exchange traded products (NT-ETPs) without having a sufficient understanding of these investment products, according to his BrokerCheck record accessed on January 24, 2020. On January 2, […]
According to the Financial Industry Regulatory Authority (FINRA), Alabama-based brokerage Sterne Agee Financial Services has signed a letter of Acceptance, Waiver, and Consent (AWC Letter) settling allegations of misconduct. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Sterne Agee Financial Services (CRD# 18456). Formed […]
On May 21, 2015, Broker Dealer Financial Services Corp. was fined $75,000 by the Financial Industry Regulatory Authority (FINRA) for selling unsuitable non-traditional Exchange Traded Funds (ETFs). According to the FINRA Letter of Acceptance, Waiver and Consent (AWC), between 2009 and 2012, Broker Dealer Financial Services Corp. failed to investigate non-traditional ETFs before allowing its […]
This article will attempt to distill some of the enigma behind these often seen and frequently misunderstood investments.
Broker-dealer firm Feltl & Co. was fined $225,000 and ordered to pay over $13,000 in restitution to aggrieved customers who suffered financial losses as a result of Feltl & Co. brokers who recommended unsuitable nontraditional ETFs (Exchange-Traded Funds)