Re: Financial Securities, Inc. CRD#13577. Another
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Posted On: 01/10/2017 11:33:16 AM
Re: Financial Securities, Inc. CRD#13577. Another NJ/Texas outfit. Looks like Deutsche Bank AG and other commercial bank deals are out the window. (again). I wonder what the R/S or Convertibles will be to screw shareholders this time?!
Broker Complaints: Network 1 Financial Securities, Inc. (CRD# 13577)
Network 1 Financial Securities, Inc. is an independent broker-dealer firm incorporated under the laws of Texas. Network 1 Financial Securities, Inc. was incorporated in 1983. Network 1 Financial Securities, Inc.’s main office is located in Red Bank, New Jersey. Network 1 Financial Securities, Inc. is registered with both the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Network 1 Financial Securities, Inc. has offices in 47 US. states and territories.
In 2011 Network 1 Financial Securities, Inc. was fined $12,500 for failing to report numerous over-the-counter equity securities transactions.
In 2010 Network 1 Financial Securities, Inc. was fined $10,000 for failing to immediately execute market orders.
In 2007 Network 1 Financial Securities, Inc. was fined $100,000 when one of its brokers attempted to convince one of its customers, who was a controlling shareholder of a company, to sell Network 1 Financial Securities, Inc. more shares of the company’s stock than was permitted.
Puretek360 becomes yet another apparently failed name. Not one customer listed on the website; just vague overview.
For those here for the first time. I have been with this fiasco since 2011. I am privy to certain information, and would suggest treading lightly here.
Broker Complaints: Network 1 Financial Securities, Inc. (CRD# 13577)
Network 1 Financial Securities, Inc. is an independent broker-dealer firm incorporated under the laws of Texas. Network 1 Financial Securities, Inc. was incorporated in 1983. Network 1 Financial Securities, Inc.’s main office is located in Red Bank, New Jersey. Network 1 Financial Securities, Inc. is registered with both the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Network 1 Financial Securities, Inc. has offices in 47 US. states and territories.
In 2011 Network 1 Financial Securities, Inc. was fined $12,500 for failing to report numerous over-the-counter equity securities transactions.
In 2010 Network 1 Financial Securities, Inc. was fined $10,000 for failing to immediately execute market orders.
In 2007 Network 1 Financial Securities, Inc. was fined $100,000 when one of its brokers attempted to convince one of its customers, who was a controlling shareholder of a company, to sell Network 1 Financial Securities, Inc. more shares of the company’s stock than was permitted.
Puretek360 becomes yet another apparently failed name. Not one customer listed on the website; just vague overview.
For those here for the first time. I have been with this fiasco since 2011. I am privy to certain information, and would suggest treading lightly here.
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