Category Archives: Oak Ridge Financial Services Group

Oak Ridge Financial Services Group Fined Over Sales of ETFs

The Oak RIdge Financial Services Group was censured and fined $10,000 by FINRA and agreed to the entry of findings that it did not conduct any formal due diligence of non-traditional exchange traded funds (ETFs) before allowing brokers to recommend and sell them to customers. The findings state that the firm did not provide any formal training for brokers related to non-traditional ETFs and other deficiencies with written supervisory procedures.

If you suffered losses on ETFs purchased from Oak RIdge Financial, call to discuss your legal rights to recover damages through FINRA arbitration.

Rex Securities Law provides nationwide representation to investors 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.

Rex Securities Law

561 391 1900