Areas of Practice

BrokerCheck Expungements

Call 800-718-1422 or email [email protected]

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BrokerCheck Expungements

The CRD is a registration and licensing system that contains disclosure and administrative information on brokerage firms, as well as individuals who dispense investing and financial advice. The Financial Industry Regulatory Authority (“FINRA”) operates and maintains the Central Depository Registry (“CRD”) pursuant to its rules, and by agreement with the North American Securities Administrators Association (“NASAA”) and other securities regulators.

The CRD system is used by different organizations and individuals for a variety of important purposes. Investors use the CRD system through FINRA’s BrokerCheck system when deciding whether to do business with a broker-dealer or registered representative. Regulators rely on the CRD system to assist with their regulatory responsibilities.

Customer Complaints that are disclosed in the BrokerCheck and CRD system can have unfavorable financial consequences for brokers, especially when the complaints are meritless. Equally damaging to a Stockbroker or Financial Advisor is a disclosure of the reasons why an individual was fired by a prior employer. Sometimes those stated reasons are contrived or based upon false assumptions. BrokerCheck, a free, searchable database, is easily accessible by anyone.

The most effective approach for a Stockbroker or Financial Advisor who wants to cleanse their CRD of false information is expungement. Registered representatives may seek to remove information from their CRD record and BrokerCheck by hiring an attorney experienced with expungements. Our firm has successfully obtained expungements from both FINRA Arbitrators and Florida State Court Judges. Many of these expungements have been extraordinarily complex and challenging. When appropriate, we have used polygraph examinations to prove that our clients are telling the truth.

Our firm can assist with CDR expungement related issues. Contact our office at 800-718-1422 for a consultation.

Areas of Practice

  • Securities Litigation and Arbitration

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    Securities Litigation and Arbitration

    Unfortunately, not all Stockbrokers and Investment Advisors are ethical and trustworthy. Many of them take advantage of trusting people. That is where we come in. Read More

  • FINRA Investigations

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    FINRA Investigations

    The Financial Industry Regulatory Authority, Inc., aka FINRA, is the largest independent regulator of securities firms doing business in the United States. Read More

  • Elder Exploitation

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    Elder Exploitation

    Elder Exploitation is a form of abuse that occurs when a person, most often a relative or a professional such as a financial advisor, exploits an elderly person (age 65 and older) or a disabled adult. Read More

  • Commercial Litigation

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    Commercial Litigation

    Commercial litigation is a broad term that describes virtually every type of dispute that may arise in a business context. Common examples of commercial litigation include breach of contract, partnership disputes, class actions, and shareholder issues. Read More

  • BrokerCheck Expungements

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    BrokerCheck Expungements

    The CRD is a registration and licensing system that contains disclosure and administrative information on brokerage firms, as well as individuals who dispense investing and financial advice. Read More

  • Employment Litigation

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    Employment Litigation

    Not surprisingly, the financial securities industry is a hotbed for employment litigation.  Brokerage firms routinely use the FINRA arbitration process to sue former employees who have defaulted on promissory notes. Read More

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