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Rex Securities Law-BLOG

Nationwide representation of victims of stockbroker fraud and the malpractice of investment professionals.

Non-Traded REITs In FINRA Spotlight

Non-Traded REITs In FINRA Spotlight 150 150 Rex Securities Law

Non exchange traded REITs were the focus of a speech given last week by FINRA’s Executive VP of Sales Practice Regulation, Susan F. Axelrod. Her remarks, which can be accessed here, were…

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Behringer Harvard Suit May Lead to Class Action

Behringer Harvard Suit May Lead to Class Action 150 150 Robert H. Rex

Behringer Harvard REIT I, one of the largest nontraded real estate investment trusts with over $4 billion in assets, was recently sued in Federal Court in the Northern District of…

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Ray Lucia, “Buckets of Money” Author Barred From Industry

Ray Lucia, “Buckets of Money” Author Barred From Industry 150 150 Rex Securities Law

by Robert H. Rex, Esq.UPDATE JULY 2013– The SEC fined Ray J. Lucia, Sr. and his firm were fined $300,000 for spreading misleading information about his “Buckets of Money” investment…

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FINRA Issues September 2012 Disciplinary Actions

FINRA Issues September 2012 Disciplinary Actions 150 150 Rex Securities Law

FINRA Issues September 2012 Disciplinary Actions The Financial Industry Regulatory Authority (FINRA) issues a report on disciplinary and other actions involving registered brokers, investment advisers and brokerage firms every month.…

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Churning by J.P. Turner Brokers Costs Conservative Investors $2.7M

Churning by J.P. Turner Brokers Costs Conservative Investors $2.7M 150 150 Rex Securities Law

In a news release that can be accessed here, the Securities and Exchange Commission (SEC) charged three former brokers from J.P. Turner & Company (Ralph Calabro, Dimitrios Koutsoubos & Jason Konner) with churning…

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Exchange Traded Note VXX-Trading at All Time Low

Exchange Traded Note VXX-Trading at All Time Low 150 150 Rex Securities Law

The $2 billion iPath S&P 500 VIX Short-Term Futures exchange traded note (VXX) was down over 10% last week and now is trading at an all time low of less…

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Behringer Harvard Strategic Opportunity Fund Sinking

Behringer Harvard Strategic Opportunity Fund Sinking 150 150 Rex Securities Law

On August 22, 2012, according to the Investment News, Behringer Harvard announced that yet another one of their real estate investment trusts (REIT) Behringer Harvard Strategic Opportunity Fund I, has…

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FINRA Issues August 2012 Disciplinary Actions

FINRA Issues August 2012 Disciplinary Actions 150 150 Rex Securities Law

The Financial Industry Regulatory Authority (FINRA) issues a report on disciplinary and other actions involving registered brokers, investment advisers and brokerage firms every month. Here are significant Florida related actions…

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Former Sandru/LPL/Cambridge Brokers Face Suspension

Former Sandru/LPL/Cambridge Brokers Face Suspension 150 150 Rex Securities Law

In April 2012, the Ohio Division of Securities filed Notices of Intent to suspend or revoke the licenses of two  investment advisers/stockbrokers who practiced in the Toledo/Perrysburg area. Eric M.…

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