Category Archives: KMS Financial Services

KMS Financial Services Placed on Probation By Florida Securities Regulators

On July 24, 2014, KMS Financial Services entered into a consent order with the State of Florida-Department of Financial Services in which the State of Florida agreed to license KMS Financial Services and KMS Financial Services agreed to be placed on probation and pay $8,000 in administrative costs. Docket Case #150989-14-AG

As a condition of the probation, KMS was ordered to submit a plan to avoid all future violations of securities laws, regulations, and SRO rules in connection with the sale of private placements. The period of probation is two years.

KMS Financial Securities, headquartered in Seattle, WA,  has been a FINRA member since 1969.  They are a subsidiary of Ladenburg Thalmann Financial Services, Inc. They have about 435 registered representatives in over 300 branch offices

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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