FINRA recently has announced that it has fined RBC Capital Markets, LLC for charging unfair and unreasonable bonds prices to investors. The unfair prices are the result of excessive charges, known as markups and markdowns, for bond trades in customer accounts. Unlike commissions on stock trades, markups and markdowns generally have not been to disclosed to investors. So brokerage firms have been able to gouge investors without investors even being aware of the misconduct. Regulatory fines such as these could be used to assist investors in arbitration claims against brokerage firms that engaged in this form of investment fraud.

EN   ES   PT     

Miami Office
Grand Bay Plaza
2665 S. Bayshore Drive
Penthouse 2B
Miami, FL 33133
Telephone: 786.628.8236

Los Angeles Office
Available by Appointment
2029 Century Park East
Century Plaza Tower
Suite 400N
Los Angeles, CA 90067
Telephone: 424.544.7930

New York City Office
Available by Appointment
14 Wall St, 20th Floor
New York, NY 10005
Telephone: 917.382.5217

West Palm Beach Office
Northbridge Centre
515 N. Flagler Drive, Suite P-300
West Palm Beach, FL 33401
Telephone: 561.475.2887

Detroit Office
41000 Woodward Avenue,
Suite 350 East
Bloomfield Hills, Mi 48304
Telephone: 248.368.0182