Last Updated: September 2023 (New York, NY)
Bernard Jasmin Investigation Summary
Here’s what you need to know about New York, NY, stockbroker Bernard Jasmin:
- Name: Mr. Bernard F. Jasmin
- Current Employer: Not currently registered with FINRA
- Previous Firms: PHX Financial (Phoenix Financial), Empire Asset Management Co. , National Securities Corp., Aura Financial
- Function: Former Stock Broker/ Financial Advisor
- Aliases: Berny Francis, Bernard Jasmin, Berny Jazz
- Primary Location: New York, NY
- CRD 4442394
- Can Bernard Jasmin be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement: $3,750
- Two Pending Customer Disputes Seek Total Damages of over $5 Million
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Bernard Jasmin As Your Stockbroker?
In 2021 a customer of Empire Asset Management filed a FINRA arbitration seeking $4.8 million in damages and alleging that Bernard Jasmin churned their account, made unauthorized trades and charged excessive commissions from 2/2013-2015. This case is currently pending.
In 2023 a customer of PHX Financial filed a FINRA arbitration alleging that Bernard Jasmin churned their account and made unauthorized trades between 7/2017-5/2019. Damages of $322,734 are alleged in this currently pending case.
Allegations of Broker Misconduct Against Bernard Jasmin
Customers of Bernard Jasmin have alleged the following wrongdoing in connection with the handling of customer accounts:
- Churning
- Unauthorized Trading
- Excessive Commissions
- Breach of Fiduciary Duty
- Fraud
- Unsuitable Recommendations
- Excessive use of Margin
- Overconcentration
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Bernard Jasmin, contact us for a complimentary consultation with an experience securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
