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J.P. Turner Sanctioned For Excessive Sales Charges

J.P. Turner Sanctioned For Excessive Sales Charges 150 150 Rex Securities Law

August 25, 2015- Atlanta, Georgia J.P. Turner & Company , entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that from…

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J.P. Turner to Shut Down, Most Brokers Headed to Summit Brokerage Services

J.P. Turner to Shut Down, Most Brokers Headed to Summit Brokerage Services 150 150 Rex Securities Law

July 30, 2015 The Investment News reports that brokerage firm J.P. Turner is being closed down and that about half of its 300 brokers have been invited to join Summit…

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Levi Lindemann Named in SEC Action

Levi Lindemann Named in SEC Action 150 150 Rex Securities Law

December 2, 2014-West Lakeland, Minnesota The US Securities & Exchange Commission (SEC) filed an emergency action against Levi Lindemann alleging that he is operating a fraudulent scheme through his companies,…

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J.P. Turner Fined $65,000 by FINRA

J.P. Turner Fined $65,000 by FINRA 150 150 Rex Securities Law

  J.P. Turner & Company was fined $65,000 by the Financial Industry Regulatory Authority (FINRA) in May 2014 and the firm consented to the entry of findings that it failed…

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RCS Capital Closes Purchase of J.P. Turner and Summit Financial

RCS Capital Closes Purchase of J.P. Turner and Summit Financial 150 150 Rex Securities Law

By Robert H. Rex, Esq.On June 13, 2014, RCS Capital Corp. , owned by Nicholas Schorsch, announced the closing of the purchases of two more independent broker dealers–J.P. Turner &…

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RCS Capital Corp.-Becomes Second Largest Independent Financial Advisor Network

RCS Capital Corp.-Becomes Second Largest Independent Financial Advisor Network 150 150 Rex Securities Law

By Robert H. Rex, Esq.In January 2014, RCS Capital Corp. announced the acquisition of Cetera Financial Group, a large independent broker-dealer headquartered in El Segundo California, for $1.15 billion in…

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FINRA Orders J.P. Turner to Pay $700K-Unsuitable Sales/Mutual Fund Switching

FINRA Orders J.P. Turner to Pay $700K-Unsuitable Sales/Mutual Fund Switching 150 150 Rex Securities Law

  In December 2013, The Financial Industry Regulatory Authority (FINRA) ordered Atlanta based broker-dealer J.P. Turner & Company to pay $707,559 in restitution to 84 customers for sales of unsuitable…

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FINRA Announces April 2013 Disciplinary Actions

FINRA Announces April 2013 Disciplinary Actions 150 150 Rex Securities Law
FINRA Announces April 2013 Disciplinary Actions By Robert H. Rex, Esq. 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 some of the most significant  actions for April 2013. read more

FINRA Announces October 2012 Disciplinary Actions

FINRA Announces October 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 for…

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