Rex Securities Law
October 14, 2014
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LPL Financial Agrees to Pay $541,000 For Churning Variable Annuities

LPL Financial Agrees to Pay $541,000 For Churning Variable Annuities https://blog.rexsecuritieslaw.com/wp-content/themes/movedo/images/empty/thumbnail.jpg 150 150 Rex Securities Law Rex Securities Law https://secure.gravatar.com/avatar/fdf83cd1ed57a0f07270ad756fbea2eb?s=96&d=mm&r=g October 14, 2014 February 16, 2016

On October 14, 2014, WIlliam Galvin, secretary of state of Massachusetts announced that LPL Financial had agreed to reimburse nearly $550,000 to investors to resolve claim that they had allowed…

Rex Securities Law
May 23, 2013
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More Trouble for LPL Financial-Ex Broker Blake Richards Charged with $2M Theft

More Trouble for LPL Financial-Ex Broker Blake Richards Charged with $2M Theft https://blog.rexsecuritieslaw.com/wp-content/themes/movedo/images/empty/thumbnail.jpg 150 150 Rex Securities Law Rex Securities Law https://secure.gravatar.com/avatar/fdf83cd1ed57a0f07270ad756fbea2eb?s=96&d=mm&r=g May 23, 2013 December 27, 2014

Buford, Georgia UPDATE June 11,2013– an order of preliminary injunction against Blake Richards was entered by the Honorable Julie E. Carnes of the Northern District of Georgia enjoining Richards from…

Rex Securities Law
May 21, 2013
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LPL Financial’s Regulatory Woes Continue

LPL Financial’s Regulatory Woes Continue https://blog.rexsecuritieslaw.com/wp-content/themes/movedo/images/empty/thumbnail.jpg 150 150 Rex Securities Law Rex Securities Law https://secure.gravatar.com/avatar/fdf83cd1ed57a0f07270ad756fbea2eb?s=96&d=mm&r=g May 21, 2013 December 27, 2014

LPL Financial has grown extremely quickly and is now the fourth largest brokerage firm, behind Wells Fargo, Morgan Stanley and Merrill Lynch. They have over 13,000 brokers in 6,500 offices…

Rex Securities Law
May 21, 2013
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LPL Financial Hit With $9 Million Fine by Securities Regulator

LPL Financial Hit With $9 Million Fine by Securities Regulator https://blog.rexsecuritieslaw.com/wp-content/themes/movedo/images/empty/thumbnail.jpg 150 150 Rex Securities Law Rex Securities Law https://secure.gravatar.com/avatar/fdf83cd1ed57a0f07270ad756fbea2eb?s=96&d=mm&r=g May 21, 2013 December 27, 2014

On May 21, 2013, the Financial Regulatory Authority (FINRA) announced a record $9 million dollar fine has been assessed against LPL Financial significant failures in its email system which prevented…

Rex Securities Law
March 22, 2013
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LPL Financial-Growth Causing Growing Pains-Trouble With Securities Regulators

LPL Financial-Growth Causing Growing Pains-Trouble With Securities Regulators https://blog.rexsecuritieslaw.com/wp-content/themes/movedo/images/empty/thumbnail.jpg 150 150 Rex Securities Law Rex Securities Law https://secure.gravatar.com/avatar/fdf83cd1ed57a0f07270ad756fbea2eb?s=96&d=mm&r=g March 22, 2013 December 28, 2014

The New York Times today reported that LPL Financial, an independent broker/dealer with over 13,000 brokers, 6,500 offices and 4.3 million customers is having more and more problems with securities…

Rex Securities Law
February 10, 2013
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Broker Arthur Apostol Caught Pasting Signatures on Account Transfer Forms

Broker Arthur Apostol Caught Pasting Signatures on Account Transfer Forms https://blog.rexsecuritieslaw.com/wp-content/themes/movedo/images/empty/thumbnail.jpg 150 150 Rex Securities Law Rex Securities Law https://secure.gravatar.com/avatar/fdf83cd1ed57a0f07270ad756fbea2eb?s=96&d=mm&r=g February 10, 2013 December 28, 2014

To settle a recent FINRA enforcement action , In the Matter of Arthur Apostol, Respondent, (AWC 2012032570701, February 5, 2013, the subject broker, Mr. Apostol submitted a letter of Acceptance,…

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