888-923-9223The Securities Law Firm of Menzer & Hill, P.A. is investigating investor arbitration claims against Feltl & Company. On December 1, 2014, Feltl & Company entered into a Letter of Acceptance, Waiver, and Consent with the Financial Industry Regulatory Authority (FINRA) after FINRA made allegations against Feltl & Company for violations of securities industry rules. FINRA alleged that from 2009 through 2012 Feltl & Company failed to have supervisory procedures and failed to investigate non-traditional ETFs before its brokers recommended them to customers. Feltl & Company has agreed to the sanctions of a censure, $225,000 fine and restitutions to customers. Back in August 2014, Feltl & Company was censured and paid a $1 Million fine when FINRA alleged that Feltl & Company had multiple failures by the firm from 2008 and 2012 concerning the supervision of penny-stock transactions and annual testing and verification of supervisory procedures.
If you lost money with Feltl & Company, please call the Securities Law Firm of Menzer & Hill, P.A. at 888-923-9223 to explore your investment recovery options.