Category Archives: Milkie/Ferguson Investments

Daniel Levin-Titan Securities Broker From Dallas -Sanctioned for ‘Investment Talk” Radio Show

August 7,  2015- Dallas, Texas 

Daniel Levin  entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that between December 2013 and April 2014, Levin hosted a weekly radio show during which he made statements that were unbalanced, promissory, misleading and/or lacked reasonable basis.

According to the FINRA complaint Levin’s show ‘Investment Talk” were pre-recorded then broadcast at a later time and date. Although he solicited listeners to call he did not take live calls. FINRA found that he made the following statements that violated FINRA Rules because they lacked a sound basis, or failed to be fair and balanced:

  • “50% of Americans will have to work for the rest of their lives”
  • stock market is due for a 30% correction
  • “stocks will go down 40%, bonds will go down 10%”
  • “you may be able to leave your kids more money than you invested although you took money our for 25 years”
  • “Put in $1,000 per month over 15 years, get $40,000 tax-free income and a $500,000 death benefit”

AWC No. 2014040335101

Levin  was  fined $25,000 and suspended for six months, He was also required to retake and pass the Series 7 securities exam.

According to FINRA records, Levin was registered with Titan Securities  from 1/2014-8/2014. Prior to that she was registered with Berthel Fisher & Company  from 6/2012-9/2012. Prior to that he was registered with Milkie/Ferguson Investments . He is not currently registered.

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

Dallas Broker Sanctioned for Misrepresentations Made on RadioTalk Show

August 4, 2015

Daniel Levin, of Dallas, TX  entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that he made statements that were unbalanced, promissory, misleading and/or lacked reasonable basis on his weekly radio show “Investment Talk”, between December 2013 and April 2014.

According to FINRA, Levin made the following statements that violated FINRA Rule 2210(d)(1)(a):

  • “50% of Americans will have to work for the rest of their lives”

    stock market is ‘due for a correction”

    “stocks will go down 40%, bonds will go down 10%”

    that Levin “told people in ’07 to get out to the market, saved them 60%”

    “I have investments that will guarantee you the income you are looking for the rest of your life”

    AWC NO. 2014040335101

Levin  was fined $25,000 and suspended for six months According to FINRA records Levin  was registered as follows:

  • 1/2014-8/2014                                                Titan Securities 
  • 6/2012-9/2012                                                Berthel Fisher & Co.
  •  1/2004-6/2012                                               Milkie/Ferguson Inv

FINRA records indicate that Levin has been named in 14 customer complaints and that he was terminated in 9/2012 by Berthel Fisher due to a new regulatory proceeding being filed by FINRA.

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