News » Page 5 of 327 » Sonn Law Group

FINRA Arbitration Attorney: What Investors, Advisors, and Firms Need to Know
Gallery
FINRA Arbitration Attorney: What Investors, Advisors, and Firms Need to Know

FINRA Arbitration Attorney, FINRA Arbitration News, Cases & Investor Resources | Sonn Law

FINRA Arbitration Attorney: What Investors, Advisors, and Firms Need to Know

By Jeffrey Sonn|2026-07-29T09:19:41-04:00July 29th, 2026|FINRA Arbitration Attorney, FINRA Arbitration News, Cases & Investor Resources | Sonn Law|

What Is a FINRA Arbitration Attorney? A FINRA arbitration attorney helps clients navigate disputes that are resolved through the Financial Industry Regulatory Authority’s arbitration process. These disputes often involve securities, brokerage accounts, investment recommendations, registered representatives, broker-dealers, and related supervision or compliance issues. Unlike ordinary civil litigation, FINRA arbitration is a specialized forum with its [...]

What FINRA Arbitration Means for Investors and Advisors
Gallery
What FINRA Arbitration Means for Investors and Advisors

FINRA Arbitration Attorney, FINRA Arbitration News, Cases & Investor Resources | Sonn Law

What FINRA Arbitration Means for Investors and Advisors

By Jeffrey Sonn|2026-07-29T09:24:19-04:00July 29th, 2026|FINRA Arbitration Attorney, FINRA Arbitration News, Cases & Investor Resources | Sonn Law|

FINRA Arbitration Plays a Major Role in Securities Disputes When securities disputes arise, they are often resolved through FINRA arbitration rather than traditional courtroom litigation. For investors, financial advisors, and brokerage firms, that makes the FINRA arbitration process one of the most important mechanisms in the securities industry. These cases can involve allegations of: unsuitable [...]

Spartan Capital Securities Contests “Restricted Firm” Label Amid Massive Excessive Trading Allegations
Gallery
Spartan Capital Securities Contests “Restricted Firm” Label Amid Massive Excessive Trading Allegations

FINRA Arbitration News, Cases & Investor Resources | Sonn Law, FINRA Enforcement & Investor Protection

Spartan Capital Securities Contests “Restricted Firm” Label Amid Massive Excessive Trading Allegations

By Jeffrey Sonn|2026-07-27T20:08:11-04:00July 27th, 2026|FINRA Arbitration News, Cases & Investor Resources | Sonn Law, FINRA Enforcement & Investor Protection|

In an ongoing effort to protect retail investors from predatory brokerage practices, FINRA utilizes Rule 4111 to publicly flag “Restricted Firms”—broker-dealers with a lengthy history of misconduct. New York City-based Spartan Capital Securities is currently in the crosshairs, having been designated as a Restricted Firm on its public BrokerCheck profile, a label the firm is [...]

FINRA Slaps Tastytrade with $850,000 Fine Over Best Execution Failures
Gallery
FINRA Slaps Tastytrade with $850,000 Fine Over Best Execution Failures

FINRA Arbitration News, Cases & Investor Resources | Sonn Law

FINRA Slaps Tastytrade with $850,000 Fine Over Best Execution Failures

By Jeffrey Sonn|2026-07-27T20:05:25-04:00July 27th, 2026|FINRA Arbitration News, Cases & Investor Resources | Sonn Law|

When you place a stock trade through your brokerage firm, that firm owes you a fundamental duty known as “best execution”—meaning they must seek the most favorable terms and prices reasonably available in the market. FINRA recently censured and fined Chicago-based options broker Tastytrade $850,000 for failing to uphold this critical obligation for its retail [...]

Ex-Morgan Stanley Broker Theodore W. Byrer Suspended 14 Months Over Speculative Options Strategy
Gallery
Ex-Morgan Stanley Broker Theodore W. Byrer Suspended 14 Months Over Speculative Options Strategy

FINRA Enforcement Actions

Ex-Morgan Stanley Broker Theodore W. Byrer Suspended 14 Months Over Speculative Options Strategy

By Jeffrey Sonn|2026-07-27T20:01:11-04:00July 27th, 2026|FINRA Enforcement Actions|

Options trading can be a highly effective portfolio tool, but when a broker recommends strategies that fly in the face of a client’s risk tolerance, the financial devastation can be rapid. FINRA recently suspended former Morgan Stanley broker Theodore W. Byrer for 14 months after he allegedly executed hundreds of unsuitable options trades, violating the [...]

SEC Crackdown on “AI-Washing”: Why You Need an Investment Fraud Attorney
Gallery
SEC Crackdown on “AI-Washing”: Why You Need an Investment Fraud Attorney

Cryptocurrency Fraud, Investor Alerts, Investor Resources

SEC Crackdown on “AI-Washing”: Why You Need an Investment Fraud Attorney

By Jeffrey Sonn|2026-07-27T12:18:23-04:00July 27th, 2026|Cryptocurrency Fraud, Investor Alerts, Investor Resources|

As Artificial Intelligence revolutionizes the tech world, financial fraudsters are quickly weaponizing the hype. We are currently seeing a massive surge in “AI-washing”—a deceptive practice where investment firms, rogue brokers, and outright scammers falsely claim to use advanced AI algorithms to guarantee market-beating returns. The Securities and Exchange Commission (SEC) has made routing out this [...]

Broker Jacob Lee Harper Suspended for Secret $50,000 Customer Loans
Gallery
Broker Jacob Lee Harper Suspended for Secret $50,000 Customer Loans

FINRA Arbitration News, Cases & Investor Resources | Sonn Law, FINRA Enforcement & Investor Protection

Broker Jacob Lee Harper Suspended for Secret $50,000 Customer Loans

By Jeffrey Sonn|2026-07-27T09:03:34-04:00July 27th, 2026|FINRA Arbitration News, Cases & Investor Resources | Sonn Law, FINRA Enforcement & Investor Protection|

Financial advisors occupy a position of deep trust, and borrowing money directly from the clients they are supposed to be advising creates an immense conflict of interest. FINRA recently suspended broker Jacob Lee Harper for 22 months and issued a $17,500 fine after discovering he orchestrated improper personal loans with his clients off the firm’s [...]

Record $120M Penalty Hits Canaccord Genuity Over Systemic AML Failures
Gallery
Record $120M Penalty Hits Canaccord Genuity Over Systemic AML Failures

FINRA Arbitration Attorney, FINRA Enforcement Actions

Record $120M Penalty Hits Canaccord Genuity Over Systemic AML Failures

By Steven Chong|2026-07-27T08:59:56-04:00July 27th, 2026|FINRA Arbitration Attorney, FINRA Enforcement Actions|

To protect the integrity of the U.S. financial system, broker-dealers must maintain rigorous safeguards against illicit financial activities. In one of the most significant regulatory crackdowns in U.S. broker-dealer history, FINRA, the SEC, and FinCEN hit Canaccord Genuity LLC with a combined $120 million in penalties for systemic and willful Bank Secrecy Act (BSA) violations. [...]

Independence Capital Fined, Broker Suspended Over Speculative Bond Sales to Seniors
Gallery
Independence Capital Fined, Broker Suspended Over Speculative Bond Sales to Seniors

FINRA Arbitration Attorney, FINRA Enforcement Actions

Independence Capital Fined, Broker Suspended Over Speculative Bond Sales to Seniors

By Jeffrey Sonn|2026-07-27T07:57:55-04:00July 27th, 2026|FINRA Arbitration Attorney, FINRA Enforcement Actions|

Brokerage firms have a strict duty to ensure the investments they recommend match the risk tolerance and financial realities of their clients. FINRA recently sanctioned Independence Capital Co., Inc. and suspended broker Dennis Clarence Twarogowski after they allegedly pushed highly speculative, illiquid bonds onto retail investors, including vulnerable seniors. The Allegations According to a FINRA Letter [...]