July 13, 2015
Ingrid Bachelor entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that she engaged in discretionary trading in violation of NASD Rule 2510(b) and FINRA Rule 2010.
Bachelor was suspended for 10 days and fined $5,000.
According to FINRA records, Bachelor was registered with Cetera Financial Specialists in Coral Springs, FL from 6/2004-12/2014.
A discretionary account allows a broker to buy and sell securities without the client’s consent. The client must sign a discretionary trading authority form granting the broker permission to handle the account in such a manner.
Rex Securities Law , located in Boca Raton, FL, (and soon to be opening an office in Bee Cave, just outside of Austin, TX) provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
561 391 1900