Category Archives: Southwest Texas Capital

Leslie King-Plano Texas Stock Broker Sanctioned by Securities Regulator

March 24, 2015, Plano, Texas 

Leslie Lynn King   entered into an Order Accepting Offer of Settlement (Order) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that he aided and abetted a non-registered person to participate in the securities business in violation of SEC rules. During the time period involved, his firm paid him nearly $1.8 million in commissions and he paid over $600,000 of the commissions to the non-registered person.

King  was assessed a deferred fine of $10,000, was required to pay $50,000 in deferred disgorgement of commissions and suspended from association with any FINRA member in any capacity for two years.

FINRA Case # 2010025087302

According to FINRA records, King was registered as follows:

  • Ocean Cross Capital Markets            9/2011-12/2012
  • Southridge Investment Group          7/2009-9/2011
  • WFG Investments                                     6/2009-7/2009
  • Southwest Texas Capital                       9/2008-6/2009

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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