如何与未经授权的交易，经纪人欺诈和投资损失作斗争

什么是未经授权的交易？

Before placing an order to buy or sell securities for an investor, a broker or financial advisor must obtain the express permission of that investor. According to securities law, a failure to do so may constitute engaging in unauthorized trading.

If you are an investor whose broker has made a trade in your account without authorization, you may have grounds for a securities arbitration claim to recover any losses.

At Shepherd Smith Edwards and Kantas, our seasoned securities lawyers and investment loss attorneys represent investors whose stockbrokers or financial advisors conducted unauthorized trades. Call us at（866）931-7628要么contact us online要求您免费的初始案例咨询。

How Much Power of Attorney Does a Broker with Trading Authorization Have? A broker or advisor can obtain trading authorization to purchase and sell securities in a client's account, which allows trades to be placed without contacting the customer first. A securities law firm dictates this as a limited power of attorney, applicable only for placing trades in the account.

While investment advisory firms usually obtain signed forms that allow them to trade for their clients, brokerage firms do not regularly allow brokers to have "discretion" over accounts. That often results in unauthorized trading claims.

经验丰富的投资者知道，如果没有书面授权，经纪人或财务顾问就不能仅在不首先讨论每个订单的情况下为客户提供交易。

However, millions of inexperienced investors have opened accounts in the past decade, including those with little or no background in investing that do not. Many new investors who have rolled over sizable retirement accounts may be unaware of the "rules of the road" at investment firms. That includes those concerning discretionary accounts.

如果客户未允许放置交易，并且不了解会进行交易，则可能会有未经授权的交易罚款。金融行业监管局（FINRA）禁止经纪人进行酌处客户的非危险帐户中的交易，证券交易委员会（SEC）认为未经授权的交易欺诈性。bob200体育

It is important to note that even if your broker had good intentions when making a trade without your authorization, if they didn't get your permission first, this is unauthorized trading.

Other Examples of Unauthorized Trading

财务顾问将未经授权的贸易视为未经请求的贸易，这使得贸易似乎是客户的想法。未经客户同意进行交易，然后尝试获得后者的许可。

不幸的是，如果客户不立即抱怨未经授权的交易，一些经纪交易商会试图使投资者似乎已经批准了交易。

您怎么知道您是否有未经授权的交易案例的理由？

Unauthorized trading claims against a brokerage firm and/or their registered representative are usually brought in FINRA arbitration. As the claimant, you must show that:

• There was a transaction that occurred in your brokerage account that you didn't authorize
• 您从未授予经纪人交易授权来为您进行此交易
• You suffered financial or bond losses because of the unauthorized trade

未经授权的交易索赔并不是您在没有经验的法律帮助的情况下要进行的投资者欺诈纠纷。未经授权的交易很难证明。您越早咨询证券律师或证券欺诈律师，就可以使用所有必bob200体育要证据来追回您的损失的稳固索赔的机会就越大。

经纪人可以在不首先获得投资者许可的情况下进行交易的情况有什么例外？酌情帐户

当客户的帐户是一个酌处帐户时，与非差不多帐户不同，这种类型允许经纪人在不先获得客户批准或同意的情况下进行交易。但是，投资者必须签署一项酌处协议，以证明已授权同意。

保证金帐户

In a margin account, a customer can borrow funds from the broker-dealer to purchase securities. In the event the account's value falls under the requirements of the broker-dealer, the firm will have obtained the investor's consent to sell securities when needing to cover the margin balance.

Experienced Securities Fraud Lawyers

For over 30 years, SSEK Law Firm has represented thousands of retail investors, retirees, institutional investors, and high-net-worth individual investors in their stockbroker and investment fraud claims. Call our skilled securities fraud attorneys at（866）931-7628要么contact us online.