Category Archives: Margin

FINRA Bars Rep From Industry for Investments in Unusual, Leveraged ETFs

Posted on March 21, 2012 by Klayman & Toskes

The following story appeard in the publication On Wall Street: A former Morgan Keegan registered rep agreed to be barred permanently from the industry for putting 10 of his middle-class clients into “unsuitable” investments –- highly leveraged ETFs, regulators said. … Continue reading →

Posted in Direxion, Enforcement, ETFs, Excessive Trading, FINRA, Margin, Suitability | Leave a comment

Merrill Loses Crisis-Era Arbitration Case, to Tune of $63.7 Million

Posted on July 8, 2011 by Klayman & Toskes

The following story appeared in the Wall Street Journal on July 7, 2011: By Steve Eder and Gregory Zuckerman An arbitration panel awarded $63.7 million to a California hedge-fund firm that argued broker Merrill Lynch abruptly yanked its credit, leading … Continue reading →

Posted in Arbitration, Fraud, Hedge Funds, Margin, Merrill Lynch | Leave a comment

The Securities Arbitration Law Firm of Klayman & Toskes Files $4 Million Claim Against Merrill Lynch On Behalf of Retired UPS Employee

Posted on April 25, 2011 by Klayman & Toskes

The Securities Arbitration Law Firm of Klayman & Toskes announced today that it filed a securities arbitration claim against Merrill Lynch, now a part of Bank of America (NYSE: BAC), on behalf of a retired UPS (NYSE: UPS) employee for … Continue reading →

Posted in Arbitration, Concentration, FINRA, Margin, Merrill Lynch, Misrepresentation, Omission, Risk Management Strategies, UPS | 1 Comment