Finra cracks down on 'cockroach' brokers

The Financial Industry Regulatory Authority Inc. barred from the securities industry 10 employees, including the president, of a now defunct New York City-based broker-dealer, Global Arena Capital Corp., where the regulator said brokers were using misleading sales pitches, churning accounts and committing various other abuses. The action comes after Finra identified a group of seven brokers whom it placed on heightened supervision when they left HFP Capital Markets, which Finra later expelled, to join Global Arena

Read More


Please Login to comment.
Statements and opinions expressed in articles, reviews and other materials herein are those of the authors; the editors and publishers.
While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. FundPage, Inc. will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.
The content of any organizations' websites which you link to from are entirely out of the control of FundPage, Inc., and you proceed at your own risk. These links are provided purely for your convenience. They do not imply FundPage, Inc.’s endorsement of, or association with any products, services, content, information or materials offered by or accessible to you at the organization’s site.
All copyright and trademarks accessible via the links from are owned by the respective website owners, or their licensors.
FundPage shall also have the right to remove any contents posted at any time without cause as FundPage determines in its sole discretion.

My Community

My Friends