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Former LPL Broker Sanctioned By Securities Regulators-Unauthorized Trading

Former LPL Broker Sanctioned By Securities Regulators-Unauthorized Trading

Former LPL Broker Sanctioned By Securities Regulators-Unauthorized Trading 150 150 Rex Securities Law

In July 2014, the Financial Industry Regulatory Authority (FINRA) fined former LPL Financial broker Richard D. Lewis $5,000 and suspended him for 20 business days for making over 80 discretionary trades in the securities account of a customer without obtaining written authorization and without having first obtained permission from LPL Financial. 

According to FINRA records, Lewis is currently registered with J.W. Cole Financial. He was registered with LPL Financial from 12/2010-4/2013 and prior to that Wedbush Securities 7/2005-12/2010.

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

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