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NUGT ETF Broker Recommendations Suitability Investigation

This investigation concerns the Direxion Daily Gold Miners Bull 3x Shares, a three-time leveraged exchange-traded fund (ETF) which trades on NYSE under ticker symbol NUGT.  Leveraged ETF’s such as NUGT are designed as a product for day-traders and are not typically supposed to be recommended as “buy and hold” investments. Claims have been brought on  Read more

Broker Ahmad “Kevin” Wares Investigated For Unauthorized Trading

This investigation was triggered by FINRA news that it is investigating Ahmad “Kevin” Wares for stockbroker misconduct.  Read more

Malcolm Babin Former PFS Investments Stockbroker Fraud Investigation

This investigation is based on publically disclosed FINRA action relating to Malcolm Babin.   Read more