Last Updated: January 2024 (Tampa, Florida)
James Ciocia Investigation Summary
Here’s what you need to know about Tampa, Florida, stockbroker James Ciocia:
- Name: Mr. James Cosmo Ciocia
- Current Employer: Cetera Financial Specialists
- DBA: Generations Tax & Wealth Management, Universal Financial Consultants
- Previous Firms: National Securities Corp. , Prime Capital Services
- Function: Stock Broker/ Financial Advisor
- Aliases: James Ciocia
- Primary Location: Tampa, Florida
- CRD 1619245
- Can James Ciocia be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $60,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With James Ciocia As Your Stockbroker?
In 2022 two customers of National Securities Corp were paid, $60,000 and $22,000, respectively, to resolve allegations that James Ciocia made unsuitable recommendations causing losses.
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
Allegations of Broker Misconduct Against James Ciocia
Customers of James Ciocia have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in private placements
- Unsuitable investment strategy
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 James Ciocia, 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, 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.
