Unauthorized Trading
- Financial Advisor Negligence
- Breach of Fiduciary Duty
- Misrepresentations and Omissions
- Investment Fraud
- Unsuitability / Unsuitable Investments
- Churning/Excessive Stock Trading
- Reverse Churning
- Unauthorized Trading
- Over Concentration Investment
- Failure to Supervise
- Variable Annuity Fraud
- Private Placement
- What is a Real Estate Investment Trust (REIT)
- Ponzi Schemes
- Elder Abuse
Unauthorized Trading
Unauthorized trading involves any trades that a financial advisor makes for a client without obtaining their express permission. If a financial advisor executes a transaction without the permission of his/her client, the advisor has violated FINRA rules and possibly state and federal laws that prohibit unauthorized trading. Whether an advisor has permission to execute trades on behalf of a client without express permission for each transaction depends on the agreement between the advisor and the client. Clients with discretionary accounts have given their advisor a limited power of attorney that permits such activity. Non-discretionary accounts usually require consent from the client before each transaction. If your financial advisor has traded in your account without your express permission, you may have a may have a viable claim for unauthorized trading. Contact us today!