Category Archives: G.F. Investment Services

Joseph Hushek-G.F. Investment Services Broker- Discloses Regulatory Event – Sarasota, FL

October 2017 – Sarasota, FL

According to publicly available records Daniel Joseph Hushek III (CRD#4250117) , a  stockbroker who is currently unregistered and was previously registered with G.F. Investment Services, disclose  a recent regulatory event.

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.

In July of 2017  Hushek  consented to sanctions of a 15 month suspension from the securities industry and a $10,000 fine  by FINRA to resolve allegations that “Hushek failed to adequately supervise the sales practice of a registered representative who recommended and engaged in unsuitable trading of non-traditional exchange traded funds (ETFs).   The findings stated  that Hushek’s supervisory failure facilitated the representatives ongoing sales practice violations.   As a consequence, the representatives customers’ accounts sustained realized and unrealized losses of more than $2.4 million.”    

Hushek was employed with  G.F. Investment Services  from August of 2005 until January of 2017.

If you have suffered losses on non-traditional ETFs purchased from a broker with G.F. Investment Services or have questions about an account handled by Daniel Joseph Hushek III,  contact us to discuss your options.

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.

International Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Richard W. Martin-Former G.F. Investments Services Broker-Discloses Issues Over Sale of ETFs

July 2017-Malaysia

The FINRA records of  Richard William Lunn Martin ,  a  former stockbroker who was last  employed by  G.F. Investment Services, disclose a  prior regulatory matter, 15 customer disputes, a current investigation and 2 terminations from employment.

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.

In April 2017, Martin was permanently barred by FINRA to resolve allegations that he solicited, purchased and recommended that his customers hold non-traditional exchange traded funds (ETFs) in their accounts for lengthy periods of time, despite the enormous risks of holding non-traditional ETFs for more than one trading period.

Martin discloses numerous settlements to customers who invested in ETFs, including the following:

In FINRA case #15-2500 a customer of G.F. Investment Services  sought damages of $450,000 for unsuitable recommendations to invest in ETFs. That case was settled for $290,000 in May 2016.

In FINRA case #14-3679 a customer of G.F. Investment Services  sought damages of $2,000,000 for unsuitable recommendations to invest in ETFs. That case was settled for $500,000 in December 2014.

IN 7/2009 Martin was ‘permitted to resign’ from Latam Investments who made the following allegation on his FINRA record: “A painting belonging to the CEO of the firm was discovered missing. Upon review of the video recording from the office monitoring system the firm positively identified Mr. Martin removing the painting from the CEO’s office early in the morning and then exiting the main door with the painting”. 

In July 2015, Martin was ‘permitted to resign’ from G.F. Investment Services who made the following allegation; “FINRA Case 20150445876 opened 3/25/2015. Wells Letter received by Mr. Martin 7-7-2015”

Martin’s prior employers include:

  • G.F. Investment Services
  • Global Strategic Investments
  • Latam Investments
  • Morgan Stanley Dean Witter

If you have losses in an account handled by Richard William Lunn Martin, call to learn about your options.

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870