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Buckman, Buckman & Reid Sanctioned by Securities Regulator

Buckman, Buckman & Reid Sanctioned by Securities Regulator 150 150 Rex Securities Law

January 26, 2015-

Buckman, Buckman & Reid and John Buckman, its chairman and CEO ,  entered into a Letter of Acceptance, Waiver and Consent  (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that  between April 2010 and July the firm participated in the unlawful distribution of shares  of two issuers whose securities were not registered and were not subject to an applicable exemption.

FINRA also alleged various other compliance and supervisory failures in connection with the sale of unregistered shares of Tactical Air Defense Services, Inc.  ( TADF) and Fresh Harvest Products, Inc. (FRHV) .

Buckman, Buckman & Reid was censured and fined $200,000. John Buckman was suspended in a principal capacity for a month and fined $25,000.

FINRA Case # 2011029206503

Buckman, Buckman & Reid has been registered with FINRA since 1989. Its home office is in Shrewsbury, New Jersey, and it has a branch office in Boca Raton, FL.

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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Rex Securities Law

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