DAI Securities Review: Regulatory Sanctions and Broker Misconduct
DAI Securities, LLC (CRD#: 36673) is a brokerage firm headquartered in New Braunfels, Texas. According to FINRA BrokerCheck, the firm has faced regulatory sanctions from both FINRA and state regulators related to disclosure and registration failures.
Regulatory Sanctions
April 10, 2024 – FINRA Sanction (Disclosure Failures)
FINRA sanctioned DAI Securities for failing to inform investors that an issuer had not filed timely SEC reports, including audited financials. The firm continued to sell partnership interests despite these delays, earning $25,500 in commissions. FINRA censured the firm, fined it $50,000, and ordered restitution of $25,500 plus interest.
September 11, 2020 – New Hampshire Bureau of Securities Regulation
The New Hampshire regulator fined DAI Securities $5,000 for executing two transactions before its state registration was approved. The penalty included $1,000 in investigative costs, and the matter was closed.
Investor Claims and Supervisory Risks
Broker-dealers like DAI Securities must establish and enforce supervisory systems to protect investors. Regulatory actions and broker disclosures highlight weaknesses in compliance that may expose clients to unsuitable or high-risk investments.
Why Hire a FINRA Arbitration Lawyer
If you suffered losses with DAI Securities or one of its representatives, you may be entitled to recover damages through FINRA arbitration.
The White Law Group has represented hundreds of investors in claims involving disclosure failures, unsuitable recommendations, and supervisory breakdowns. Our attorneys can:
- Evaluate your potential claims
- File a Statement of Claim in FINRA arbitration
- Represent you in hearings and negotiate settlements
FINRA arbitration is often faster and more cost-effective than traditional litigation.
Contact Us
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois, and Seattle, Washington.
If you have concerns about your investments with DAI Securities, call 888-637-5510 for a free consultation.
For more information, visit www.whitesecuritieslaw.com.
Frequently Asked Questions (FAQs)
Why was DAI Securities sanctioned in 2024?
The firm failed to disclose issuer filing delays while continuing to sell investments, resulting in fines and restitution.
How can investors recover losses from DAI Securities?
Investors may be able to pursue recovery through FINRA arbitration with the help of a securities attorney.
