First Southwest Company , entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that from August 8, 2012 through April 26, 2013, the firm failed to deliver Exchange Traded Fund (ETF) prospectuses to its customers in violation of the Securities Act and FINRA Rule 2010.
AWC NO. 2013038322901
First Southwest Company was censured and fined $450,000.
First Southwest Company has been a FINRA member since 1946, is headquartered in Dallas, Texas , and has branch offices nationwide, from Alaska to Florida.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Florida-561 391 1900