October 13, 2015-Danbury, CN
Jeffrey David Snyder , entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that he repeatedly refused to respond to certain questions at an on the record interview in connection with a FINRA examination concerning allegations that Snyder paid a customer compensation for investment losses without the knowledge or authorization of his employing firm.
AWC No. 2015045289901
Snyder was barred from the securities industry.
According to FINRA records, Snyder was registered with Network 1 Financial Securities from 3/2015-9/2015. Prior to that he was registered with Rockwell Global Capital from 4/2012-4/2015 and Spartan Capital Securities from 8/2008-4/2012.
Snyder has been named in three customer complaints that resulted in settlements. Most recently, in 2013 a customer filed an arbitration seeking damages of $500,000 for breach of fiduciary duty, negligence, fraud and churning. That matter (Case #13-2397) was settled for $79,000.
If you have losses in an account handled by Snyder, you may be able to recover damages from the firm that employed him.
Rex Securities Law , with offices in Boca Raton, FL, and 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.
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TollFree: 877-224-3199
Florida-561 391 1900
Texas-512-329-2870
