Unauthorized Trading
Broker-dealers and investment advisers who ignore an investor’s instructions or abuse their discretion to make trades that are not in the best interest of the investor violate the SEC’s Reg BI. Careful review of trading patterns and the number of trades executed by a broker-dealers or investment adviser can reveal unauthorized trades that benefit the broker-dealer or investment adviser, rather than the investors who hire them, and can be presented as evidence in securities litigation or FINRA arbitration to hold wrongdoers liable for their unethical practices.
If you are a victim of unauthorized trading, contact the securities attorneys at Rosenberger + Kawabata.