April 11, 2016-Dallas, Texas
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.
FINRA records are public and can be accessed on the BrokerCheck website.
The FINRA records of Hilltop Securities, disclose that the company has been named in 46 regulatory events including the following:
- US Security and Exchange Commission case 3-17091, resolved in February 2016. A cease and desist injunction issued and a monetary fine of $360,000 assessed for violations of the antifraud provisions of federal securities laws and inadequate due diligence in certain offerings.
FINRA records also discloses 22 customer arbitrations against Hilltop Securities.
In January 2016, Hilltop Holdings merged its two broker-dealer subsidiaries First Southwest Company and Hilltop Securities (formerly Southwest Securities). The combined firm will operate as Hilltop Securities.
If you have losses in an account at Hilltop Securities you may be able to recover damages through FINRA arbitration.
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