Performance Trust Capital Partners, LLC: Private Placement Investigation
The White Law Group is investigating potential securities claims involving Performance Trust Capital Partners, LLC (CRD#: 36155), a broker-dealer headquartered in Chicago, Illinois. The firm has been registered with FINRA since 1994 and provides a wide variety of securities-related services including private placement offerings—investments that often involve high commissions and limited liquidity for investors.
Risks of Private Placements
Private placement offerings like those sold by firms such as Performance Trust can be especially risky for retail investors due to:
- Illiquidity – Often no secondary market exists.
- High commissions & fees – Brokers may earn outsized compensation.
- Concentration risk – Investors may be heavily exposed to a single sector or project.
- Limited transparency – Less reporting compared to publicly traded securities.
These risks can be compounded when brokerage firms fail to supervise their representatives or properly vet the investments being sold.
Repeated TRACE Reporting Violations (2014–2022)
Between 2014 and 2022, FINRA repeatedly sanctioned Performance Trust Capital Partners for failures in timely and accurate reporting of TRACE-eligible and municipal securities transactions. These violations included late reporting of securitized products, municipal trades, and inaccurate execution times, as well as supervisory failures. Over this period, the firm was censured multiple times and fined more than $217,500 across at least six separate enforcement actions.
Investor Recovery Options
Brokerage firms are required to adequately supervise their representatives and ensure compliance with industry rules. When they fail to do so, investors may suffer avoidable losses. In such cases, investors may be able to recover damages by filing a claim through FINRA arbitration, rather than joining a class action. FINRA arbitration often provides a more efficient process tailored to an investor’s individual circumstances.
National Securities Fraud Law Firm
The White Law Group has handled over 800 FINRA arbitration cases nationwide and represents investors from across the country in claims against broker-dealers. With offices in Chicago, Illinois and Seattle, Washington, our attorneys are experienced in helping investors recover losses tied to broker misconduct and supervisory failures.
If you have concerns about investments with Performance Trust Capital Partners, LLC, please contact The White Law Group at (888) 637-5510 for a free consultation, or visit us online at www.whitesecuritieslaw.com.
FAQs
What is TRACE and why does it matter?
TRACE is the Trade Reporting and Compliance Engine that requires timely and accurate reporting of bond transactions. Failures to comply can harm market transparency and investor confidence.
Has Performance Trust Capital Partners been barred from the securities industry?
No. While the firm has not been barred, it has faced multiple sanctions and fines for reporting violations and supervisory failures.
Can investors recover losses from the firm’s misconduct?
Possibly. Recovery depends on the facts of each case, but investors who experienced losses due to a broker’s misconduct or a firm’s failure to supervise may have claims through FINRA arbitration.
