Category Archives: Global Strategic Investments

Paul A. Falcon-Aegis Capital Broker-Discloses Customer Dispute

July 2016-Boca Raton, Florida

The FINRA records of Paul A. Falcon ,  a  stock broker currently employed  by Aegis Capital Corp. , disclose a pending customer dispute and 3 prior final customer disputes.

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 the currently pending dispute, received in April 2016 , a customer of Aegis Capital  alleges damages of $190,672  for unsuitable investment recommendations and poor performance of the overall portfolio  from August 2013-February 2016.

Falcon has been employed by Aegis Capital since 7/2013. Prior to that he was employed by Global Strategic Investments and before that Statetrust Investments.

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

Global Strategic Investments Fined $200,000 for Suspicious Activity -Venezuelan Bonds

UPDATE 4/27/2015-FINRA censured Global Strategic investments and fined the firm $200,000 to resolve action discussed below.

September 18, 2014- Miami FL

FINRA Enforcement filed a complaint against Global Strategic Investments alleging that it failed to detect, investigate and report suspicious activity related to bond transactions and subsequent wire activity.

The complaint alleges that a new business line involving the liquidation of $650 million worth of Venezuelan bonds for correspondent accounts in Venezuela and Curacao, high -risk jurisdictions, generated the majority of its revenues and the firm failed to establish an adequate anti money laundering policy and its internal controls were not reasonably designed to comply with the Bank Secrecy Act.

To access the FINRA records for Global Strategic Investments, follow this link.

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