Brokerage Firm CFD Investments, lnc. (CRD#: 25427), which is headquartered in Kokomo, Indiana, and has approximately 150 branch offices and 220 registered representatives, has been sanctioned by the Financial Industry Regulatory Authority (FINRA) in connection with alleged sales practice violations involving Non-Traditional ETFs. CFD allegedly failed to supervise brokers who made unsuitable…

Last week, Stock broker Kinan Nimeh (CRD No. 4438900) was suspended by the Financial Industry Regulatory Authority for alleged sales practice violations. Nimeh allegedly recommended unsuitable transactions in leveraged Exchange Traded Funds in the accounts of 29 customers in violation of FINRA Rule 2111(a), which provides that “[a] member or an associated…

Investor rights attorneys at Mika Meyers, PLC are investigating possible sales practice violations by stock broker Thomas Murray Jr., of Rye Brook, New York relating to sales of Master Limited Partnerships and other high-risk energy investments and excessive concentration of client portfolios in the energy sector. Mr. Murray is currently registered with the brokerage…

Former stock broker Michael Thomas McKenna (CRD#: 4124902), who was registered with the firm Chelsea Financial Services (CRD#: 47770) in East Meadow, New York, is involved in a customer dispute relating to allegations that he engaged in excessive and unsuitable trading. The customer is seeking damages in the amount of $98,127.00.…