July 2016-Newport News, VA
The FINRA records of Steve D. Heath , a stock broker who is currently employed by Capitol Securities Management , disclose 2 terminations and one final financial event.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Heath discloses that in August 2014 he was discharged by Stratos Wealth Partners and LPL Financial .
Stratos Wealth Partners made the following allegation in connection with the discharge: “Termed by broker dealer-violation of LPL firm policies regarding mutual fund trading and discretionary trading in brokerage accounts”.
LPL Financial made the following allegation in connection with the termination: “Violation of firm policies regarding mutual fund trading and discretionary trading in brokerage accounts.”
Heath has been employed by Capitol Securities Management since 10/2014. Prior to that he was employed by LPL Financial from 4/2008-9/2014.
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.
Florida-561 391 1900