Last Updated: December 2023 (Boca Raton, FL)
Bill Braun Investigation Summary
Here’s what you need to know about Boca Raton, FL, stockbroker Bill Braun:
- Name: Mr. William John Braun
- Current Employer: B. Riley Wealth Management, B. Riley Wealth Advisors (RIA)
- DBA:
- Previous Firms: National Securities Corp. , Janney Montgomery Scott
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Bill Braun, William Edmund Braun
- Primary Location: Boca Raton, FL
- CRD 1271500
- Can Bill Braun be sued in FINRA arbitration: Yes
- Sanctioned by Wisconsin Securities Regulator: Yes
- Highest Settlement or Award: $58,500
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Bill Braun As Your Stockbroker?
A customer of National Securities Corp. was paid $58,500 in 7/2023 to resolve allegations that Bill Braun recommended an unsuitable private placement investment.
Braun discloses two other customer disputes on his FINRA record.
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 Bill Braun
Customers of Bill Braun have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to purchase private placement
- Misrepresentation
- Omission of facts
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer. FINRA Rule 2111- suitability
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 Bill Braun, 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.
