Last Updated: October 2026
Here’s What You Need to Know About Maitland, Florida Stockbroker David Farber
- Name: David Michael Farber
- Current Employer: Broad Street Capital Markets, LLC
- Prior Employers: BMA Securities, LLC; High Point Capital Group, Inc.; Delaney Equity Group LLC; Ascendiant Capital Markets, LLC; Seaboard Securities, Inc.; Park Financial Group, Inc.; Advantage Trading Group, Inc.
- Function: Stockbroker / Financial Advisor
- Aliases: David M. Farber
- Primary Location: Maitland, Florida
- Other Business Affiliation: DMF Trading, LLC
- CRD Number: 3181573
- FINRA Arbitration Eligibility: Yes
- Subject of current SEC Investigation: Yes
- Sanctioned by Securities Regulator: Yes
- Highest Settlement: $165,000
If you’ve sustained damages from Mr. Farber, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with David Farber?
David Farber has been the subject of a customer dispute alleging fraud, material nondisclosure, misrepresentation, and selling away involving a $300,000 investment while Farber was associated with Delaney Equity Group LLC. Customers alleged that Farber misrepresented the quality and character of an investment involving a promissory note.
The FINRA arbitration, case number 16-01197, was settled in 2018 for $165,000 , including a $65,000 contribution by Farber.
Allegations of Broker Misconduct Against David Farber
- Fraud and material nondisclosure
- Misrepresentation of investment quality and character
- Selling away involving a promissory note
- Improper sales of unregistered and restricted securities
- Front-running customer securities transactions
- Potential federal securities law violations under SEC investigation
2026 SEC Investigation – Wells Notice
On June 29, 2026, the Securities and Exchange Commission issued Farber a Wells Notice advising that its Enforcement Division staff had preliminarily recommended an enforcement action in connection with an investigation involving Broad Street Capital Markets, LLC and other respondents.
The notice identified potential violations of federal securities laws, including Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, SEC Rule 10b-5, and provisions of the Investment Advisers Act and Investment Company Act.
The BrokerCheck report identifies the investigation as pending.
2009 FINRA Regulatory Action – $25,000 Fine and Suspension
In June 2009, FINRA sanctioned Farber concerning transactions involving unregistered common stock and front-running customer orders while associated with Park Financial Group, Inc.
FINRA found that the firm, acting through Farber, permitted sales of restricted securities without complying with applicable registration exemptions or SEC Rule 144. FINRA also found that Farber engaged in front-running by executing transactions while aware of imminent customer block trades.
Farber consented to the findings and sanctions without admitting or denying them.
Under FINRA case number 2008011713701, Farber was fined $25,000 and suspended for 30 days, from July 6 through August 4, 2009.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by David Farber, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, Florida, Rex Securities Law represents investors nationwide who have suffered financial losses involving stockbroker misconduct, unsuitable investments, misrepresentation, and investment fraud.
Contact experienced investment fraud attorney Bob Rex at (877) 224-3199 for a free consultation.