Last Updated: December 2023 (The Woodlands, Texas)
Jeff Jin Investigation Summary
Here’s what you need to know about The Woodlands, TX, stockbroker Jeffrey Cheng Jin:
- Name: Mr. Jeff Cheng Jin
- Current Employer: Merrill Lynch Pierce Fenner & Smith
- Prior Firms: Cetera Investment Advisers, LPL Financial, Uvest Financial Services Group
- Function: Stock Broker/ Financial Advisor
- Aliases: Jeff Jin, Jeffrey Cheng Jin
- Primary Location: The Woodlands, Texas
- CRD 4292519
- Can Jeff Jin be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $250,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Jeff Jin As Your Stockbroker?
In 2022 two customers of Cetera Investment Services settled FINRA arbitrations, one for $250,000 and the other for $85,000. The claims alleged that Jeff Jin recommended unsuitable investments in REITs (real estate investment trusts) and real estate securities.
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 have higher risk.
Allegations of Broker Misconduct Against Jeff Jin
Customers of Jeff Jin have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Over concentration
- Risk and liquidity of investments was misrepresented
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 Jeff Jin, 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.
