All stockbrokers and broker dealers (brokerage firms) are required to be licensed by and subject to the rules and regulations of FINRA. Each month FINRA publishes disciplinary actions against brokers and broker dealers. Discipline can range from monetary fines and suspensions, or in extreme cases, revocation of licensing and a bar from the securities industry.
See the FINRA website for current and historical disciplinary actions.
Clinton D. Fraley (CRD #5281935, RegisteredRepresentative, Greenwood Village, Colorado) was barred from association with any FINRA member in any capacity. The sanction wasbased on findings that Fraley failed to respond to FINRA requests for documents andinformation in connection with its investigation into whether he misappropriated moneyfrom customers.
(FINRA Case #2012033644301)
According to FINRA recoreds, Fraley was registered with MML Investor Services from 05/2011-10/2011 and with Northwestern Mutual Investment Services from 03/2007- 05/2011.
Rex Securities Law , located in Boca Raton, FL, 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.
561 391 1900