FINRA Reviews 51

I have got some contact from compagnies that try to look like finra. So I search for a mailadress so I could send it to them, but no succes.
Then I fill out a form totaly, but if were impossibel to send it. I have filled out my identiti 100%. but the system did not accept it.
SO IT IS IMPOSSIBEL TO HELP COMPAGNIES AGAINST THEER CLOONS: john

My account was locked without warning, and I was unable to withdraw my money. I contacted them repeatedly but only got results after getting help from ҉G҉҉L҉҉L҉҉P҉ • ҉U҉҉K҉

The moment I requested a withdrawal, they required extra deposits and still refused to release my funds. With assistance from Klum Pesters, I eventually recovered my money.

I sent a 34 page letter to President Trump on the Collusion and Organized Crime between the SEC, FINRA & Brokerages. The Arbitrators have no benefit to rule in an investors favor because the Brokers are their repeat customers. We the investors, will never be dumb enough to ever use FINRA Arbitration ever again and I know I will never trust the market to invest because I have not protection! Please write to president Trump asap. I know he will do something about how corrupt FINRA is! Search for "Whistleblowers Tell All!"

FINRA Arbitration has helped me get serious settlement offers from my father's wealth management firm that breached fiduciary duty and significant increased his rates when he was a senior citizen with significant cognitive decline. ... although I did not take the settlement offers - because we were legally entitled to so much more. We now have to file a petition to vacate the unjust FINRA ruling - that went against all our perfectly presented concrete evidence of Respondent's wrongdoings - its a crazy world we live in. We proved my 80 year old father had significant cognitive decline (via expert medical witness testimony), that the 56% unlawful fee increase was retroactively implemented prior to my father's unlawful signature - on OPCO's complaint department email denying our 100% legitimate complaint - and a whole lot more. Therefore, my advice is to take any settlement offered because the opportunity cost for battling evil and wrongdoing isn't worth it.

To the federal government and everyone who values ethics and justice: please listen. My struggles deserve to be recognized and ignoring them only continues the fight for fairness. FINRA has subjected me to numerous injustices and must be held accountable for its actions. In my case, it failed to uphold the laws and regulations set forth by the Securities and Exchange Commission and disregarded my rights as an investor.

Case number: 23-03094

I simply placed a limit order to sell a set number of shares, but (Webull) my broker failed to execute it. This was despite there being enough shares available and the stock price rising $1.07 above my asking price. Yet, the trade never went through. I tried to resolve the issue directly with Webull but got nowhere, so I decided to take legal action through FINRA.

My broker (Webull) deceived me as a client, and FINRA didn’t not protect or prioritize me as an investor, nor did it uphold the laws and regulations established by the Securities and Exchange Commission (SEC).

According to the SEC Rule 611, Section 11A of the Exchange Act.,
“Promotes five objectives:
(1) economically efficient execution of securities transactions
(2) fair competition among broker-dealers, among exchange markets, and between exchange markets and non-exchange markets
(3) price transparency
(4) best execution of investor orders
(5) an opportunity, consistent with economic efficiency and best execution, for investor orders to meet without the participation of a dealer. As discussed in Section III.”

However, FINRA undermined the SEC rules and regulations....

From my experience, FINRA is a very deceptive and unethical organization. They dismissed my case with the statement, “Claimants failed to state a case,” despite clear evidence and facts to the contrary - Webull created its own policies that blatantly conflict with the fundamental laws of FINRA and the SEC. Although they are licensed by FINRA and legally obligated to adhere to these regulations, they were not held accountable for their actions in my case. As a result, I have been left as the victim of their misconduct.

To make matters worse, they hit me with outrageous arbitrator fees, turned a blind eye to the broker's shady practices, and completely failed to live up to their promise of protecting investors—or respecting the Securities and Exchange Commission (SEC) laws and regulations

I am the victim in this situation, Finra’s action cost me everything. This all happened because I stood up for justice and held Webull accountable for their unlawful business practices.

If you’re facing a dispute with your broker, consider seeking justice in federal court rather than through FINRA.

I was amazed they replied to my complaint against eToro in 3days. I really wasn't expecting it, just hoped somebody would help and hear me out, and am so happy they did.
For all victims of eToro, you can ask help from FINRA
Thank you very much

I have started investing with Markettrade around June, the onboarding was easy and I was assigned an advisor by the name of Tom. Everything was going so well with Tom, he was very engaging, supportive and a good listener.
Everything changed last week on the 15/08 when Tom informed me that he’s leaving and my account will be handled by the guy called Albert. I never meet someone whom is a financial advisor and so rude from day 1 we met, nothing good came out of this. He spoke to me like I’m an illiterate or stupid.
He doesn’t have customers service , he has a stinky attitude and he doesn’t care about people. I don’t know how this company employs or choose their advisor because this one bad move.
What happened today took a cup. He said to me « WHAT THE F… MUST HE DO » I was like really is this the way your advisor talk to the clients? I’m so disappointed and hurt on how I have been handled by this guy.

I don’t want to to any business with him, I request that Albert must be removed from my account and get someone or put Tom back to this account so we can finish what he started.
All I know is that I’m going to spread the word all over the socials to make sure that the know what kind of people are working for this company.

I hope someone will take time to read and action this, I may not have millions to invest but the fact of the matter is that I’m a client and I should be treated with respect.

FINRA don't waste your time with complaints neither are honest. They work hand and hand and FINRA rules are ignored Don't waste your time with complaints they DON"T follow their own rules.Congress saw to it you CANNOT be sued FINRA they have Immunity.No lawyer will take the case. FINRA lawyers will tell let your account go dormant Do not communicate with the firm holding your account then look up in your State the laws for inactivity wait the 3 to 6 years and hope the firm sends your account to the state if you have the same address by that time or are still living you may be able to get whatever they sold your stock for back from Unclaimed Funds. This is how they say they protect Investors. FINRA I read has over 4200 employees and the average employee earns $100,500 meaning over 1/2 these employees probably earn almost $250,000 for doing nothing to help iNVESTORS. One can only guess who FINRA works for they recieve their funding from member Financial firms so the brokerage companies Fund them. Kiss you money good bye the laws are not to protect you but the firms. The Mission Statement that FINRA posts should be banned from all web sites.

Very poor service, rude when talking and very insincere. As much as I need my money back I do not trust this company at all. Stay clear and avoid!!

Scammers!!! Contact the team or website written in my profile name now for a refund! I was refunded my $18k

I encountered problems with them, but they were swiftly resolved following an investigation conducted by the fraud agency(see title for agency)after I reported the issues

I recently filed a complaint with FINRA regarding Etrade/Morgan Stanley and what I believe is their deceptive communication, breach of fiduciary duty and self-dealing. The issue involves the firms' unilateral and with no disclosure termination of a competitive money market sweep option (with >4.75% yield) and replacement of the option with a savings account at Morgan Stanley Private Bank yielding 0.05%.

One day after filing the complaint I received an email from FINRA indicating my concern was forwarded to Etrade for their response. So much for an independent regulatory and enforcement body. No wonder we have such low trust in our financial institutions.

FINRA - FECKLESS INCOMPETENT NO RESULTS ACHIEVED!!!
Completely useless, impotent organization. They are like a fire department that shows up 3 weeks late or an ambulance that never comes at all. Hey finra, how many times do you use the phrase "the wheels turn slowly'?
PATHETIC!!!

Easy to understand why financial institutions are so unethical and don’t care about anything. The customer says spoke to multiple people at FINRA and was towed. We are only here as a consultant, and even though the company may or may have not been unethical, we don’t care. FINRA and your financial institutions are in cahoots to lie, cheat and steal an FINRA gets a kick back, so they don’t care

And when you ask your agent for a last name, they tell you they don’t have to give it to you because they don’t wanna be held responsible for anything they say! Skip this agency, go right to a lawyer and sue them both can’t wait to see them in court

Absolutely dishonest organisation that are a front for HedgeFunds. Shocking treatment of retail investors.

Shady organization which claims to protect retail investors, but in reality it throws the small investor under the bus in favour of the wealthy hedge funds. DO NOT TRUST THEM.

FINRA illegally halted the trade of a preferred stock to allow hedgefunds and marketmakers to not have to pay retail investors for the naked shares they produced and allowed retail sellers to purchase.

Finrafraud
MMTLP

December 09 2022, proved once again that FINRA should not be allowed to continue operating.
The evidence shows that FINRA has the interest of the HFs and not Retail investors like myself.
The failure to protect retail has been going on for far too long. It is time for government to step in and do something positive for the people, that is if they are interested in doing so.