January 2020 – Boca Raton, FL
The FINRA records of William John Braun (CRD#1271500) , a broker with National Securities Corporation discloses a regulatory event and five pending 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 12/86 Braun was censured by Wisconsin securities regulators for selling unregistered securities.
From October to November of 2019, five customers of National Securities Corp. filed FINRA cases alleging unsuitable recommendations, negligence and breach of fiduciary duty in connection with the sale of private placement investments. Damages of $640,000 are sought in these five pending cases.
Braun has worked for National Securities Corp. since December 2016. Before that he was with Janney Montgomery Scott, and JW Genesis Securities.
Braun discloses business affiliations with William Braun, PA and National Insurance Corporation in Boca Raton, FL.
If you have questions about an account handled by William John Braun, call for a no charge consultation with an experienced securities attorney .
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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