Thomas Weisel Partners, LLC (CRD #46237, San Francisco, California) was fined $200,000.
The sanction was based on findings that the firm allegedly failed to establish and maintain a supervisory system and procedures governing principal transactions the firm effected and that, as a result, transactions that had the potential to, and in fact did, pose a serious conflict of interest, were not subject to effective supervisory review.
This information which is publicly available on FINRA’s website has been provided by The White Law Group, LLC.
If you have questions about investments you made with Thomas Weisel Partners LLC, the securities attorneys of The White Law Group may be able to help. To speak with a securities attorney, please call the firm’s Chicago office at 312/238-9650.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, please visit our website at https://whitesecuritieslaw.com.Tags: broker fraud, FINRA, investment fraud, investor protection, securities, Securities Attorney, Securities Lawyer, Thomas Weisel Partners FINRA fine, Thomas Weisel Partners FINRA investigation Last modified: July 17, 2015