雷蒙德·詹姆斯Must Pay Investor $795K

In a Financial Industry Regulatory Authority arbitration case,雷蒙德·詹姆斯Financial Services Inc. (RJF)has been ordered to pay David B. Silipigno $593,540 plus 3 years and 9 months of interest. That’s an award of about $795,000. According to Silipigno’s attorney, the securities arbitration case involved an RIA who may not have not licensed with FINRA but worked out of the Raymond James independent contractor branch office.

The attorney said that such a work configuration may cause problems in that a non-registered adviser could effectively become a defacto employee of a brokerage firm.OnWallStreet.com将经纪人的名字称为凯伦·鲍威尔（Karen Powell），他自1999年以来一直与雷蒙德·詹姆斯（Raymond James）联系。

Silipingo在他的主张中宣称了许多诉讼原因，包括普通法欺诈，违反信托义务，合同海滩，适用性，搅动，未能监督和违反《证券交易法》规则10B-5违反规则，bob200体育《佛罗里达证券投资者保护bob200体育法》。雷蒙德·詹姆斯（Raymond James）继续否认这些指控。仲裁小组否认该公司要求鲍威尔的CRD删除此事的要求。

As noted by Silipingo’s attorney in an email, sometimes there is the danger of weak supervision at investment advisor firms, especially at independent contractor branch offices. Lack of internal controls and lax supervision may make it easier for fraud and negligence to occur. Unsuitable sales, churning, misrepresentations, omissions, churning, breach of fiduciary duty, and breach of contract are some examples of what can happen when a strong enough supervisory system, policies, and procedures, are not put in place.

It is important that you work with an investment adviser who is registered with the Securities and Exchange Commission or a state’s securities agency. Typically, only bigger advisers with at least $110 million of assets under management or firms that advise investment company clients are allowed to registered with the SEC. Smaller advisers must registered with the states where they intend to conduct business unless they meet any exemptions under state laws. You can contact the SEC or the state to find out if the firm or adviser you are working with is registered.

AtShepherd Smith Edwards and Kantas, LTD LLP, oursecurities law firm代表投资顾问欺诈的受害者，他们遭受了巨大损失，因为公司或顾问疏忽或粗心地采取行动。多年来，我们帮助成千上万的投资者弥补了他们的损失。

大卫·西利皮尼奥（David Silipigno）赢得了60万美元，以防雷蒙德·詹姆斯（Raymond James）, Times Union, February 24, 2016