March 2018 – Boca Raton, FL
According to publicly available records Michael Polyakov, (CRD# 734810) , a stockbroker who is currently employed by Westpark Capital , disclose 3 prior settled customer disputes .
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.
In FINRA Case 13-01037, a customer of one of Polyakov’s prior employers, International Assets Advisory, alleged “wrongful conduct by making unsuitable investments, churning and excessive trading”. The case was settled for $72,500.
In NASD Case 3-0376, a customer of former employer Bear, Stearns alleged excessive trading and unsuitable recommendations as well as a failure to adequately explain the risks of trading on margin. That case was settled for $182,500.
Polyakov has been employed with WestPark Capital since January 2016. He was employed by International Assets Advisory from December 2010 to February 2012, and with Revere Securities Corp. from February 2012 to October 2015 .
If you have questions about an account in an account handled by Michael Polyakov, contact us for a no charge consultation to discuss your legal options for recovery.
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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