The FINRA records of Park Avenue Securities , a registered brokerage firm headquartered in New York , disclose 12 prior regulatory events and one pending regulatory matter.
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 April 2018, FINRA censured Park Avenue and assessed a fine of $300,000 to resolve allegations that the firm had inadequate supervisory procedures in place related to the sale of variable annuities.
If you have questions about how your account has been handled at Park Avenue Securities, call for a no charge consultation to learn how you may be able to collect damages through FINRA arbitration.
Park Avenue Securities has over 400 branch offices nationwide including:
- Alabama-Birmingham, Fairhope, Mobile
- Florida-Boca Raton, Hollywood, Jacksonville, Maitland, Miami, Tallahassee, Tampa, West Palm Beach
- Georgia-Atlanta, Duluth, Savannah
- Louisiana– Baton Rouge, Metairie
- Oklahoma-Oklahoma City, Owasso
- Texas-Addison, Austin, Brenham, Dallas, Fort Worth, Frisco, Houston, Irving, Katy, Lubbock, Sugarland,
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