Tinton Falls, NJ
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
According to FINRA records, stockbroker Robert E. Gill , who is currently registered with Chelsea Financial Services, makes 18 disclosures on his official FINRA record, including:
- Five finalized regulatory events. In 9/2015 Gill was fined $5,000 and suspended for one month to resolve FINRA allegations that he borrowed $100,000 from a customer of his member firm J.P. Turner without obtaining firm approval.
- Five settled customer disputes including a customer claim for $1,090,718 for unsuitable investments, churning, negligence, misrepresentation and breach of fiduciary duty while he was registered with J.P. Turner & Company. That matter was settled for $700,000.
- One criminal matter
Robert E. Gill has been registered with Chelsea Financial Services since 11/2013. He was registered with J.P. Turner & Co. from 4/2003-10/2013.
If you have questions about an account handled by Robert E. Gill contact us to discuss your options and to learn how you may be able to recover damages through FINRA arbitration.
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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