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If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in one Arizona city, Phoenix. 

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent residents from across the country, including Arizona, in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Arizona, including Phoenix, Tucson, Chandler, Mesa, Scottsdale, Gilbert, Glendale, Tempe, Peoria, Surprise, and Yuma.

The Arizona Securities Division "strives to preserve the integrity of the financial marketplace through investigative actions as well as the registration and oversight of securities, securities dealers, and salespersons, and investment advisors and their representatives" and to "deter financial fraud."  Its website (https://azcc.gov/securitiesprovides information on Arizona state securities Statutes and Rules, and information on how to file a complaint.

The Securities Act of Arizona is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorneys fees, and interest.

Common Legal Claims by investors against their financial advisors are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

This list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in two Nevada cities, Las Vegas and Reno. 

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent residents from across the country, including Nevada, in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Nevada, including Las Vegas, Reno, Henderson, Paradise, Spring Valley, Sunrise Manor, Enterprise, Sparks, and Carson City.

The Nevada Secretary of State, Securities Division describes its goals as follows: "The goals of the Securities Division of the Office of the Secretary of State are to ensure the integrity of the securities marketplace through investigative actions as well as the registration and oversight of securities, securities brokers and dealers, investment advisors and their representatives; to enhance legitimate capital formation; and to minimize the burden and expense of regulatory compliance by legitimate businesses."  Its website provides information on Nevada's Securities Act and Rules, and information on how to file a complaint:  https://www.nvsos.gov/sos/investor-information

Nevada's Securities Act is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security) reasonable attorneys fees, and interest.

Common Legal Claims by investors against their financial advisors are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

 

 

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in one Kentucky city, Louisville. 

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent residents from across the country, including Kentucky, in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Kentucky, including Louisville, Jefferson County, Lexington-Fayette, Bowling Green, Owensboro, Covington, and Richmond.

The Kentucky Department of Financial Institutions, Division of Securities regulates broker-dealers, broker-dealer agents, investment advisers, and investment adviser representatives in Kentucky.  Its website: https://kentucky.gov/government/Pages/AgencyProfile.aspx?Title=Department+of+Financial+Institutions provides information on state securities Statutes and Rules, and information on how to file a complaint.

The Kentucky Securities Act, Kentucky Statutes 292.480, is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorneys fees, and interest.

Common Legal Claims by investors against their financial advisors are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in one Illinois city, Chicago. 

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent residents from across the country, including Illinois, in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Illinois, including Chicago, Aurora, Naperville, Joliet, Rockford, Springfield, Elgin, Peoria, Champaign, Waukegan, Cicero, and Bloomington.

The Illinois Secretary of State regulates broker-dealers, broker-dealer agents, investment advisers, and investment adviser representatives in Illinois and is responsible for the regulation of the securities industry in Illinois and protection of investors by ensuring compliance with the law and investigating any complaints of fraud or improper practices.  Its website: https://www.cyberdriveillinois.com/departments/securities/ provides information on state securities Statutes and Rules, and information on how to file a complaint.

The Illinois Securities Law of 1953, 815 ILCS 5/13, is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorneys fees, and interest.

Common Legal Claims by investors against their financial advisors are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

If an individual investor has a dispute with a FINRA brokerage firm stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in two Virginia cities: Richmond, Virginia and Norfolk, Virginia. Northern Virginia residents may also request a hearing in Washington, D.C.

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent Virginia residents in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Virginia, including Northern Virginia, Virginia Beach, Chesapeake, Norfolk, Fairfax, Abington, Arlington, Richmond, Newport News, Hampton Roads, Alexandria, Roanoke, Suffolk, Lynchburg, Centreville, Dale City, Reston, Loudoun/Leesburg, Harrisonburg, Ashburn, McLean, Henrico, Chesterfield, Staunton, Williamsburg and Charlottesville.

The Virginia State Corporation Commission, Division of Securities, in Richmond, Virginia, regulates the sales of securities in the state of Virginia. Its website provides information on state securities Statutes and Rules, and information on how to file a complaint.

Virginia's Securities Act is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorney"s fees, and interest.

Common Legal Claims by investors against their financial advisors in Virginia are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

The Civil Liability section of the Virginia Securities Act is as follows:

Va. Code 13.1-522. Civil liabilities.

A. Any person who: (i) sells a security in violation of 13.1-502, 13.1-504 A, 13.1-507 (i) or (ii), 13.1-510 (e) or (f), or (ii) sells a security by means of an untrue statement of a material fact or any omission to state a material fact necessary in order to make the statement made, in the light of the circumstances under which they were made, not misleading (the purchaser not knowing of such untruth or omission), and who shall not sustain the burden of proof that he did not know, and in the exercise of reasonable care could not have known, of such untruth or omission, shall be liable to the person purchasing such security from him who may sue either at law or in equity to recover the consideration paid for such security, together with interest thereon at the annual rate of six percent, costs, and reasonable attorneys' fees, less the amount of any income received on the security, upon the tender of such security, or for the substantial equivalent in damages if he no longer owns the security.

B. Any person who (i) engages in the business of advising others, for compensation, either directly or through publications or writings, as to the value of securities or as to the advisability of investing in, purchasing, or selling securities, or who, for compensation and as a part of a regular business, issues or promulgates analyses or reports concerning securities in willful and material violation of 13.1-503, subsection A of 13.1-504, or of any rule or order under 13.1-505.1, or (ii) receives, directly or indirectly, any consideration from another person for advice as to the value of securities or their purchase or sale, whether through the issuance of analyses, reports or otherwise and employs any device, scheme, or artifice to defraud such other person or engages in any act, practice or course of business which operates or would operate as a fraud or deceit on such other person, shall be liable to that person who may sue either at law or in equity to recover the consideration paid for such advice and any loss due to such advice, together with interest thereon at the annual rate of six percent from the date of payment of the consideration plus costs and reasonable attorney's fees, less the amount of any income received from such advice and any other economic advantage.

C. Every person who directly or indirectly controls a person liable under subsection A or B of this section, including every partner, officer, or director of such a person, every person occupying a similar status or performing similar functions, every employee of such a person who materially aids in the conduct giving rise to the liability, and every broker-dealer, investment advisor, investment advisor representative or agent who materially aids in such conduct shall be liable jointly and severally with and to the same extent as such person, unless able to sustain the burden of proof that he did not know, and in the exercise of reasonable care could not have known, of the existence of the facts by reason of which the liability is alleged to exist. There shall be contribution as in cases of contract among the several persons so liable.

D. No suit shall be maintained to enforce any liability created under this section unless brought within two years after the transaction upon which it is based; provided, that, if any person liable by reason of subsection A, B or C of this section makes a written offer, before suit is brought, to refund the consideration paid and any loss due to any investment advice provided by such person, together with interest thereon at the annual rate of six percent, less the amount of any income received on the security or resulting from such advice, or to pay damages if the purchaser no longer owns the security, no purchaser or user of the investment advisory service shall maintain a suit under this section who has refused or failed to accept such offer within thirty days of its receipt.

E. Any tender specified in this section may be made at any time before entry of judgment.

F. Any condition, stipulation or provision binding any person acquiring any security or receiving any investment advice to waive compliance with any provision of this chapter or of any rule or order thereunder shall be void.

G. The rights and remedies provided by this chapter shall be in addition to any and all other rights and remedies that may exist at law or in equity.

FINRA securities brokerage firms with their main offices in Virginia:

AGECROFT PARTNERS, LLC
103 CANTERBURY ROAD, RICHMOND, VA 23221-3211

ALL FUNDS, INC.
1444 ORANGE TURNPIKE, MONROE, NY 10950-3716
Mailing Address: PO DRAWER H, VALLEY COTTAGE, NY 10989

ALLIED BEACON PARTNERS, INC.
7501 BOULDERS VIEW DR, SUITE 601, RICHMOND, VA 23225

ALPHA OMEGA CAPITAL SECURITIES, LLC
7400 BEAUFONT SPRINGS DR., SUITE 105, RICHMOND, VA 23225

ANDERSON & STRUDWICK, INCORPORATED
707 E. MAIN STREET 20TH FLOOR, RICHMOND, VA 23219
Mailing Address: P.O. BOX 1459, RICHMOND, VA 23218-1459

BGB SECURITIES, INC.
1100 NORTH GLEBE RD-STE 1040, ARLINGTON, VA 22201-4798

BIA CAPITAL STRATEGIES, LLC
15120 ENTERPRISE COURT, SUITE 100, CHANTILLY, VA 20151
Mailing Address: 15120 ENTERPRISE COURT, SUITE 100, CHANTILLY, VA 20151

BLUESTONE CAPITAL PARTNERS, LLC
1650 TYSONS BOULEVARD, SUITE 1530, MCLEAN, VA 22102

BUTLER CAPITAL INVESTMENTS, LLC
222 COURT SQUARE, CHARLOTTESVILLE, VA 22902

CAPITAL BROKERAGE CORPORATION
6620 WEST BROAD STREET, BUILDING 2, RICHMOND, VA 23230

CAPITOL SECURITIES & ASSOCIATES, INC.
100 CONCOURSE BLVD., SUITE 101, GLEN ALLEN, VA 23059

CAPITOL SECURITIES MANAGEMENT, INC.
100 CONCOURSE BLVD, SUITE 101, GLEN ALLEN, VA 23059

CARY STREET PARTNERS LLC
1210 EAST CARY STREET, SUITE 300, RICHMOND, VA 23219

CHEVAL CAPITAL, INC.
901 N. PITT STREET-110, ALEXANDRIA, VA 22314

CLEARVIEW CORRESPONDENT SERVICES, LLC
8006 DISCOVERY DRIVE, SUITE 200, RICHMOND, VA 23229

CORTVIEW CAPITAL SECURITIES LLC
1021 EAST CARY ST, 11TH FLOOR, RICHMOND, VA 23219

DAVENPORT & COMPANY LLC
ONE JAMES CENTER, 901 E. CARY STREET, RICHMOND, VA 23219
Mailing Address: P.O. BOX 85678, RICHMOND, VA 23285-5678

DMG SECURITIES, INC.
GREAT FALLS PROFESSIONAL CENTER 737 WALKER ROAD, SUITE3, GREAT FALLS, VA 22066
Mailing Address: GREAT FALLS PROFESSIONAL CENTER 737 WALKER ROAD, SUITE 3, GREAT FALLS, VA 22066

DOMINION PARTNERS, L.C.
4801COX ROAD, STE 104, GLEN ALLEN, VA 23060

EWING BEMISS & CO.
901 EAST BYRD STREET SUITE 1500, RICHMOND, VA 23219-4033

FBR CAPITAL MARKETS & CO.
1001 19TH STREET NORTH, ARLINGTON, VA 22209

FBR INVESTMENT SERVICES, INC.
1001 NINETEENTH STREET NORTH, ARLINGTON, VA 22209

FINANCIAL SECURITY MANAGEMENT, INCORPORATED
575 LYNNHAVEN PARKWAY, SUITE 310, VIRGINIA BEACH, VA 23452

FIRST DOMINION CAPITAL CORP.
8730 STONY POINT PARKWAY, BUILDING III, SUITE 205, RICHMOND, VA 23235
Mailing Address: 8730 STONY POINT PARKWAY, SUITE 205, RICHMOND, VA 23235

FIRST GEORGETOWN SECURITIES, INC.
1700 DIAGONAL RD., # 200, ALEXANDRIA, VA 22314

FOLIOFN INVESTMENTS, INC.
8180 GREENSBORO DR, 8TH FLOOR, MCLEAN, VA 22102

GIT INVESTMENT SERVICES, INC.
1700 NORTH MOORE STREET, SUITE M1E, ARLINGTON, VA 22209-1903

GOULD CAPITAL, LLC
5245 CATTERTON ROAD, FREE UNION, VA 22940

GUIDANCE SECURITIES, LLC
11107 SUNSET HILLS ROAD, SECOND FL, RESTON, VA 20190
Mailing Address: 11107 SUNSET HILLS ROAD, RESTON, VA 20190

GUIDANCE SECURITIES, LLC
11107 SUNSET HILLS ROAD, SECOND FL, RESTON, VA 20190
Mailing Address: 11107 SUNSET HILLS ROAD, RESTON, VA 20190

HAMPTON HEDGE FUND MARKETING, LLC
2605 GENEVA HILL COURT, OAKTON, VA 22124

HARRIS WILLIAMS & CO.
1001 HAXALL POINT, 9TH FLOOR, RICHMOND, VA 23219

INVESTORS SECURITY COMPANY, INC.
127 E. WASHINGTON STREET, SUITE 101, SUFFOLK, VA 23434

JAMES RIVER SECURITIES CORP.
58 BROAD STREET ROAD, MANAKIN-SABOT, VA 23103-2213

KINGSBRIDGE CAPITAL CORP.
12407 RIDGE RD, KING GEORGE, VA 22485

KIPPSDESANTO & COMPANY
1600 TYSONS BOULEVARD, SUITE 375, MCLEAN, VA 22102

LARA, SHULL & MAY, LLC
7600 LEESBURG PIKE, SUITE 120 EAST, FALLS CHURCH, VA 22043

MANNA CAPITAL MANAGEMENT
6521 ARLINGTON BLVD., SUITE 502, FALLS CHURCH, VA 22042

MARRIOTT SECURITIES, LLC
THREE JAMES CENTER, 1051 EAST CARY STREET, SUITE 1430, RICHMOND, VA 23219

MARTIN VENTURES LLC
351 RIVER BEND RD, GREAT FALLS, VA 22066

MASON SECURITIES, INC.
11130 SUNRISE VALLEY DRIVE, SUITE 200, RESTON, VA 20191-5321

MATRIX PRIVATE EQUITIES, INC.
11 SOUTH 12TH STREET, 3RD FLOOR, RICHMOND, VA 23219

MAYMONT PARTNERS, INC.
1801 LIBBIE AVE, SUITE 104, RICHMOND, VA 23226

MCKINNON & COMPANY, INC.
999 WATERSIDE DRIVE, SUITE 1200, NORFOLK, VA 23510
Mailing Address: 999 WATERSIDE DRIVE, SUITE 1200, NORFOLK, VA 23510

MCLAUGHLIN RYDER INVESTMENTS, INC.
1421 PRINCE STREET, SUITE 400, ALEXANDRIA, VA 22314

MCLEAN SECURITIES, LLC
7900 WESTPARK DRIVE, SUITE A320, MCLEAN, VA 22102

MEDALIST SECURITIES INC.
100 SHOCKOE SLIP, 2ND FL, RICHMOND, VA 23219

MONETA SECURITIES CORPORATION
15413 CHAMPIONSHIP DRIVE, HAYMARKET, VA 20169
Mailing Address: PO BOX 909, HAYMARKET, VA 20168

MUTUAL FUNDS INVESTMENT COMPANY
16176 POINT BEVERLY COURT, MONTPELIER, VA 23192
Mailing Address: PO BOX 364, MONTPELIER, VA 23192

NAVY FEDERAL BROKERAGE SERVICES, LLC
1007 ELECTRIC AVENUE, VIENNA, VA 22180

NORTHWEST FINANCIAL GROUP
200 SPRING STREET, SUITE 120, HERNDON, VA 20170

PACE FINANCIAL SERVICES, LLC
4401 FAIR LAKES COURT, FAIRFAX, VA 22033-3848
Mailing Address: 4401 FAIR LAKES COURT, FAIFAX, VA 22033-3848

PARCHMAN, VAUGHAN & COMPANY, L.L.C.
1040 PARK AVENUE, SUITE 120, BALTIMORE, MD 21201

POTOMAC SECURITIES, LLC
44081 PIPELINE PLAZA, #320, ASHBURN, VA 20147

PRESIDIO SECURITIES, INC.
3 RIVER PLACE, LEXINGTON, VA 24450

RE INVESTMENT CORPORATION
4301 WILSON BOULEVARD, ARLINGTON, VA 22203

ROBINSON & LUKENS, INC.
1319 VINCENT PL, MCLEAN, VA 22101
Mailing Address: P.O. BOX 956, MCLEAN, VA 22101-0956

SAUNDERS RETIREMENT ADVISORS, INC.
7400 BEAUFONT SPRINGS DR SUITE 300, RICHMOND, VA 23225
Mailing Address: 7400 BEAUFONT SPRINGS DRIVE, SUITE 300, RICHMOND, VA 23225

SCOTT & STRINGFELLOW, LLC
901 E. BYRD STREET, RIVERFRONT PLAZA, WEST TOWER, RICHMOND, VA 23219-3310
Mailing Address: P.O. BOX 1575, RICHMOND, VA 23213

SCOTT JAMES GROUP, INC.
6700 ARLINGTON BOULEVARD, FALLS CHURCH, VA 22042

SEALE CAPITAL, INC.
950 N. GLEBE ROAD, SUITE 950, ARLINGTON, VA 22203

SMITHER & COMPANY CAPITAL MARKETS, LLC
4337 COX ROAD, GLEN ALLEN, VA 23060

SPIRE SECURITIES, LLC
12355 SUNRISE VALLEY DRIVE, SUITE 305, RESTON, VA 20191

STERLING BENEFITS BROKERAGE, LLC
4356 BONNEY ROAD, BUILDING 2, SUITE 101, VIRGINIA BEACH, VA 23452

STONECROFT SECURITIES LLC
23253 MEADOWVALE GLEN CT., DULLES, VA 20166

TBC SECURITIES, LLC
2690 CLARENDON BLVD., SUITE 200, ARLINGTON, VA 22201

THOMPSON DAVIS & CO., INC.
15 SOUTH 5TH STREET, RICHMOND, VA 23219
Mailing Address: PO BOX 1854, RICHMOND, VA 23218

TIER ONE PARTNERS, INC.
2500 LANDER CT, MIDLOTHIAN, VA 23113

TRANS AMERICAN EQUITIES CORPORATION
4141 N. HENDERSON RD STE 8, ARLINGTON, VA 22203

U.S. INVESTORS, INC.
515 KING STREET, SUITE 310, ALEXANDRIA, VA 22314

WEALTHFORGE, LLC
501 EAST FRANKLIN STREET, SUITE 118, RICHMOND, VA 23219

WOODVILLE HALL CAPITAL, LLC
SUITE 201, 2 WEST WASHINGTON STREET, MIDDLEBURG, VA 20117
Mailing Address: PO BOX 113, MIDDLEBURG, VA 20118

WWC SECURITIES, LLC
11911 FREEDOM DRIVE STE 1010, RESTON, VA 20190

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in three California cities, San Francisco, Los Angeles, and San Diego. 

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent residents from across the country, including California, in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of California, including Los Angeles, San Francisco, San Diego, San Jose, Fresno, Sacramento, Long Beach, Oakland, Bakersfield, Anaheim, Santa Ana, Riverside, Stockton, Irvine, Chula Vista, Fremont, San Bernardino, and Modesto.

The California Broker-Dealer and Investment Adviser Division (BDIA) is a division of the California Corporations Commissioner which regulates broker-dealers, broker-dealer agents, investment advisers, and investment adviser representatives in California pursuant to the Corporate Securities Law of 1968.  Its website (https://dbo.ca.gov/broker-dealers-state-investment-advisers-and-sec-investment-advisers/) provides information on state securities Statutes and Rules, and information on how to file a complaint.

California’s Securities Act is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security) and interest.

Common Legal Claims by investors against their financial advisors are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. NASD Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in one Maryland city: Baltimore, Maryland. D.C. Metro area Maryland residents may also request a hearing in Washington, D.C.

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent Maryland residents in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Maryland, including Baltimore, Columbia, Germantown, Silver Spring, Waldorf, Ellicott City, Frederick, Rockville, Gathersburg, Bethesda, Hagerstown, Annapolis, Cumberland, Montgomery County, and Prince George's County.

The Maryland Attorney General, Securities Division, in Baltimore, Maryland, regulates the sales of securities in the state of Maryland. Its website provides information on state securities Statutes and Rules, and information on how to file a complaint.

Maryland's Securities Act is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorney's fees, and interest.

Common Legal Claims by investors against their financial advisors in Maryland are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

The Civil Liability section of the Maryland Securities Act is as follows:

Md. Corporations and Associations Code Ǡ11-703. Civil liabilities

(a) When seller, purchaser or advisor liable. --

(1) A person is civilly liable to the person buying a security from him if he:

(i) Offers or sells the security in violation of Ǡ11-304(b), Ǡ11-401(a), Ǡ11-402(a), or Ǡ11-501 of this title, or of any rule or order under Ǡ11-205 of this title which requires the affirmative approval of sales literature before it is used; or

(ii) Offers or sells the security by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading, the buyer not knowing of the untruth or omission, and if he does not sustain the burden of proof that he did not know, and in the exercise of reasonable care could not have known, of the untruth or omission.

(2) A person is civilly liable to the person selling a security to him if he offers to purchase or purchases the security by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in light of the circumstances under which they are made, not misleading, the seller not knowing of the untruth or omission, and if he does not sustain the burden of proof that he did not know, and in the exercise of reasonable care could not have known, of the untruth or omission.

(3) A person is civilly liable to another person if the person:

(i) Acts as an investment adviser or representative in violation of Ǡ11-302(c), Ǡ11-401(b), Ǡ11-402(b), or Ǎ 11-304(b) of this title or any rule or order promulgated under it, except that an action based on a violation of Ǡ11-402(b) of this title may not be maintained except by those persons who directly received advice from the unregistered investment adviser representative; or

(ii) Receives, directly or indirectly, any consideration from another person for advice as to the value of securities or their purchase or sale or for acting as an investment adviser or representative under Ǡ11-101(h) and (i) of this title, whether through the issuance of analyses, reports, or otherwise, and employs any device, scheme, or artifice to defraud such other person or engages in any act, practice or course of business which operates or would operate as a fraud or deceit on such other person.

(b) Extent of liability. --

(1) A buyer may sue either at law or in equity:

(i) On tender of the security, to recover the consideration paid for the security, together with interest at the rate provided for in Ǡ11-107(a) of the Courts and Judicial Proceedings Article, as amended, from the date of payment, costs, and reasonable attorneys' fees, less the amount of any income received on the security; or

(ii) If he no longer owns the security, for damages.

(2) A seller may sue either at law or in equity:

(i) On tender of the consideration paid for the security, to recover the security, together with the amount of any income received on the security, costs, and reasonable attorneys' fees; or

(ii) If the buyer no longer owns the security, for damages.

(3) For the purposes of subsection (b)(1)(ii) of this section, damages are the amount that would be recoverable on a tender less the value of the security when the buyer disposed of it and interest at the rate provided for in Ǡ11-107(a) of the Courts and Judicial Proceedings Article, as amended, from the date of disposition.

(4) (i) In any action brought under subsection (a)(3) of this section a person may sue either at law or in equity for the rescission of the advisory contract and any damages resulting from the violation, together with interest at the rate provided for in Ǡ11-107(a) of the Courts and Judicial Proceedings Article, as amended, from the date of payment of the consideration, costs, and reasonable attorneys' fees, less the amount of any income received from such advice.

(ii) An action based on a violation of Ǡ11-302(c) of this title may not prevail where the person accused of the violation sustains the burden of proof that he did not know, and in the exercise of reasonable care could not have known, of the existence of the facts by reason of which the liability is alleged to exist.

(c) Others jointly and severally liable with seller or purchaser. --

(1) Every person who directly or indirectly controls a person liable under subsection (a) of this section, every partner, officer, or director of the person liable, every person occupying a similar status or performing similar functions, every employee of the person liable who materially aids in the conduct giving rise to the liability, and every broker-dealer or agent who materially aids in such conduct are also liable jointly and severally with and to the same extent as the person liable, unless able to sustain the burden of proof that he did not know, and in exercise of reasonable care could not have known, of the existence of the facts by reason of which the liability is alleged to exist.

(2) There is contribution as in cases of contract among the several persons so liable.

(d) Time of making tender. -- Any tender specified in this section may be made at any time before entry of judgment.

(e) Survival of cause of action. -- Every cause of action under this statute survives the death of any person who might have been a plaintiff or defendant.

(f) Limitation of actions; effect of offer of refund. --

(1) A person may not sue under subsections (a)(1) and (2) of this section after the earlier to occur of 3 years after the contract of sale or purchase or the time specified in paragraph (2) of this subsection.

(2) An action may not be maintained:

(i) To enforce any liability created under subsection (a)(1)(i) of this section, unless brought within one year after the violation on which it is based; or

(ii) To enforce any liability created under subsection (a)(1)(ii) or (2) of this section, unless brought within one year after the discovery of the untrue statement or omission, or after the discovery should have been made by the exercise of reasonable diligence.

(3) A person may not sue under subsection (a)(3) of this section more than 3 years after the date of the advisory contract or the rendering of investment advice, or the expiration of 2 years after the discovery of the facts constituting the violation, whichever first occurs.

(4) A person may not sue under this section:

(i) If the buyer received a written offer, before suit and at a time when he owned the security or asset, to refund the consideration paid together with interest at the rate provided for in Ǡ11-107(a) of the Courts and Judicial Proceedings Article, as amended, from the date of payment, less the amount of any income received on the security or asset, and he failed to accept the offer within 30 days of its receipt;

(ii) If the buyer received the offer before suit and at a time when he did not own the security or asset, unless he rejected the offer in writing within 30 days of its receipt; or

(iii) If the seller received a written offer from the buyer, before suit, to return the security or asset, together with the amount of any income received on the security, less interest at the rate provided for in Ǡ11-107(a) of the Courts and Judicial Proceedings Article, as amended, from the date of payment, and he failed to accept the offer within 30 days of its receipt.

(g) Effect of making or performing contract with knowledge of facts. -- A person may not base any suit on any contract if he:

(1) Has made or engaged in the performance of the contract in violation of any provision of this title or any rule or order under this title; or

(2) Has acquired any purported right under the contract with knowledge of the facts by reason of which its making or performance was in violation.

(h) Provision for waiver of compliance with section void. -- Any condition, stipulation, or provision binding any person acquiring any security or asset or receiving any investment advice to waive compliance with any provision of this title or any rule or order under this title is void.

(i) Rights and remedies additional to others. -- The rights and remedies provided by this title are in addition to any other rights or remedies that may exist at law or in equity, but this title does not create any cause of action not specified in this section or Ǡ11-410 of this title.

FINRA securities brokerage firms with their main offices in Maryland:

ARONSON CAPITAL ADVISORS, LLC
805 KING FARM BOULEVARD, SUITE 300, ROCKVILLE, MD 20850

ATLANTIC SECURITIES, INC.
920 PROVIDENCE RD., SUITE 201, TOWSON, MD 21286-2988

BELLAMAH, NEUHAUSER & BARRETT, INC.
8730 GEORGIA AVENUE, SUITE 500, SILVER SPRING, MD 20910-3648

BENGUR BRYAN & CO., INC.
509 SOUTH EXETER STREET, SUITE 210, BALTIMORE, MD 21202

BLUE SAND SECURITIES LLC
610 PROFESSIONAL DR., STE 275, GAITHERSBURG, MD 20879

BROADOAK PARTNERS, LLC
7201 WISCONSIN AVENUE, SUITE 630, BETHESDA, MD 20814

BROWN ADVISORY SECURITIES, LLC
901 SOUTH BOND STREET, SUITE 400, BALTIMORE, MD 21231-3340
Mailing Address: 901 SOUTH BOND STREET, SUITE 400, BALTIMORE, MD 21231

C. G. MENK & ASSOCIATES, INC.
7502 CONNELLEY DRIVE, SUITE 104, HANOVER, MD 21076

CALVERT INVESTMENT DISTRIBUTORS, INC.
4550 MONTGOMERY AVENUE - SUITE 1000N, BETHESDA, MD 20814

CAMPBELL FINANCIAL SERVICES, INC.
2850 QUARRY LAKE DRIVE, BALTIMORE, MD 21209

CAPITAL PORTFOLIO MANAGEMENT, INC.
2205 YORK ROAD, SUITE 203, TIMONIUM, MD 21093

CEROS FINANCIAL SERVICES, INC.
1445 RESEARCH BOULEVARD, SUITE 530, ROCKVILLE, MD 20850

CFG CAPITAL MARKETS, LLC
1422 CLARKVIEW ROAD, 5TH FLOOR, BALTIMORE, MD 21209

CHAPIN, DAVIS
2 VILLAGE SQUARE, SUITE 200, BALTIMORE, MD 21210

CHESSIECAP SECURITIES, INC.
7911 SHERWOOD AVENUE, TOWSON, MD 21204
Mailing Address: 3 BETHESDA METRO CENTER, SUITE 700, BETHESDA, MD 20814

EAGLE EQUITIES, INC.
400 CRAIN HIGHWAY S.W., GLEN BURNIE, MD 21061-3645
Mailing Address: 400 CRAIN HWY S.W., GLEN BURNIE, MD 21061

ENTERPRISE EQUITIES, INC.
10227 WINCOPIN CIRCLE, SUITE 800, COLUMBIA, MD 21044

FELLS POINT RESEARCH LLC
600 WYNDHURST AVENUE, SUITE 300, BALTIMORE, MD 21210

FIFTH THIRD SECURITIES, INC.
34 FOUNTAIN SQUARE PLAZA, MD 10AT5G, CINCINNATI, OH 45202
Mailing Address: 38 FOUNTAIN SQUARE PLAZA, MD 10AT5G, CINCINNATI, OH 45263

FIRST INTERNET SECURITIES NETWORK
4800 MONTGOMERY LANE, BETHESDA, MD 20814

FORTIGENT SECURITIES COMPANY, LLC.
2600 TOWER OAKS BLVD, SUITE 300, ROCKVILLE, MD 20852-3103

FOUNDERS FINANCIAL SECURITIES LLC
1020 CROMWELL BRIDGE ROAD, TOWSON, MD 21286

FRS SECURITIES, LLC
1110 BONIFANT STREET, SUITE 301, SILVER SPRING, MD 20910

GLOBAL BROKERAGE SERVICES, INC.
11350 MCCORMICK RD., EP III SUITE 901, HUNT VALLEY, MD 21031

H. BECK, INC.
11140 ROCKVILLE PIKE, SUITE 400, ROCKVILLE, MD 20852
Mailing Address: 11140 ROCKVILLE PIKE-400, ROCKVILLE, MD 20852

HANNON ARMSTRONG SECURITIES, LLC
1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 520, ANNAPOLIS, MD 21401

HARBOR INVESTMENT ADVISORY, LLC
100 LIGHT STREET, SUITE 1300, BALTIMORE, MD 21202

HIGHBANK SECURITIES LLC
1 SOUTH STREET, SUITE 860, BALTIMORE, MD 21202

HOLLOWAY & ASSOCIATES, INC.
ONE MILL PLACE, STE 101, EASTON, MD 21601
Mailing Address: P.O. BOX 1559, EASTON, MD 21601

INNOVA SECURITIES, INC.
3703 WOODSMAN COURT, SUITLAND, MD 20746-1376

INTERNATIONAL MONEY MANAGEMENT GROUP, INC.
110 CHANNEL MARKER WAY SUITE #101, GRASONVILLE, MD 21638

INVESTORS PROPERTIES, INC.
3724 THOMAS POINT RD., ANNAPOLIS, MD 21403
Mailing Address: PO BOX 4220, ANNAPOLIS, MD 21403

JACQUES FINANCIAL, LLC
15430 AVERY ROAD, ROCKVILLE, MD 20855

JSI TRANSACTION ADVISORS, LLC
7852 WALKER DRIVE, STE. 200, GREENBELT, MD 20770

KOONCE SECURITIES, INC.
6550 ROCK SPRING DR. STE 600, BETHESDA, MD 20817-6550

LAFAYETTE INVESTMENTS, INC.
7910 WOODMONT AVE, SUITE 905, BETHESDA, MD 20814

LEGG MASON INVESTOR SERVICES, LLC
100 INTERNATIONAL DRIVE, BALTIMORE, MD 21202

LOMBARD SECURITIES INCORPORATED
1820 LANCASTER STREET, SECOND FLOOR, BALTIMORE, MD 21231
Mailing Address: 1820 LANCASTER STREET, BALTIMORE, MD 21231

MAP SECURITIES, INC.
1682 E. GUDE DRIVE - SUITE 201, ROCKVILLE, MD 20850

MORGAN STANLEY & CO. LLC
1585 BROADWAY, NEW YORK, NY 10036-8293
Mailing Address: 1300 THAMES STREET WHARF, 6TH FLOOR, C/O NORTH AMERICAN REGISTRATION, BALTIMORE, MD 21231

MORGAN STANLEY SMITH BARNEY
2000 WESTCHESTER AVENUE, PURCHASE, NY 10577-2530
Mailing Address: 1300 THAMES STREET, 6TH FLOOR, BALTIMORE, MD 21231

MS SECURITIES SERVICES INC.
1585 BROADWAY, NEW YORK, NY 10036-8293
Mailing Address: NORTH AMERICAN REGISTRATION, 1300 THAMES STREET, 6TH FLOOR, BALTIMORE, MD 21231

NC SECURITIES, LLC
3 BETHESDA METRO CENTER, SUITE 500, BETHESDA, MD 20814

OFFUTT SECURITIES, INC.
3515 BUTLER ROAD, GLYNDON, MD 21071
Mailing Address: P.O. BOX 559, COCKEYSVILLE, MD 21030

PARCHMAN, VAUGHAN & COMPANY, L.L.C.
1040 PARK AVENUE, SUITE 120, BALTIMORE, MD 21201

PERCIVAL FINANCIAL PARTNERS, LTD.
2 VILLAGE SQ., SUITE 252, BALTIMORE, MD 21210

POTOMAC CAPITAL MARKETS, LLC
5 SOUTH MARKET STREET, 4TH FLOOR, FREDERICK, MD 21701

POTOMAC INVESTMENT COMPANY
5600 WISCONSIN AVE #108, CHEVY CHASE, MD 20815

PRIME DEALER SERVICES CORP.
1221 AVENUE OF THE AMERICAS, NEW YORK, NY 10020
Mailing Address: NORTH AMERICAN REGISTRATION, 1300 THAMES STREET, 6TH FLOOR, BALTIMORE, MD 21231

PROFUNDS DISTRIBUTORS, INC.
7501 WISCONSIN AVE., SUITE 1000, BETHESDA, MD 20814
Mailing Address: 7501 WISCONSIN AVE., SUITE 1000, EAST TOWER, BETHESDA, MD 20814

PSA EQUITIES, INC.
11311 MCCORMICK ROAD, HUNT VALLEY, MD 21031-8622

RYDEX DISTRIBUTORS, LLC
805 KING FARM BLVD. STE 600, ROCKVILLE, MD 20850

SHELYN SECURITIES CORP
12250 ROCKVILLE PIKE, STE. 200, ROCKVILLE, MD 20852

SIGNAL HILL CAPITAL GROUP LLC
300 E. LOMBARD STREET, SUITE 1700, BALTIMORE, MD 21202-3243

STEBEN & COMPANY, INC.
2099 GAITHER ROAD, STE. 200, ROCKVILLE, MD 20850
Mailing Address: 2099 GAITHER ROAD, STE. 200, ROCKVILLE, MD 20850

STOUT CAUSEY CAPITAL CORPORATION
910 RIDGEBROOK ROAD, SPARKS, MD 21152

T. ROWE PRICE INVESTMENT SERVICES, INC.
100 E PRATT ST, BALTIMORE, MD 21202

TLS FINANCIAL SERVICES, INC.
920 PROVIDENCE RD, SUITE 203, TOWSON, MD 21286-2977

WASHINGTON SECURITIES CORPORATION
6935 WISCONSIN AVE NO. 510, CHEVY CHASE, MD 20815-6113

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA''s Dispute Resolution system. FINRA Arbitration holds arbitration hearings in Washington, D.C. for DC residents, and residents of Maryland and Virginia who request a Washington D.C. forum.

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent Washington, D.C., Virginia, and Maryland residents in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.

The Washington, DC Office of Insurance, Securities, and Banking regulates the sales of securities in Washington, DC. Its website provides information on securities Statutes and Rules, and information on how to file a complaint.

Washington, DC''s Securities Act is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorney''s fees, and interest.

Common Legal Claims by investors against their financial advisors in Washington DC are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

The Civil Liability section of the Washington, DC Securities Act is as follows:

§ 31-5606.05. Civil liability

(a)(1) A person shall be civilly liable to another person who buys a security if the person:

(A) Offers or sells a security in violation of § 31-5602.01, § 31- 5603.01, or § 31-5605.05, of a rule or order under § 31-5604.05 which requires the affirmative approval of sales literature, or of a condition imposed under § 31-5603.05(g) or (h); or
(B) Offers or sells a security by means of an untrue statement of a material fact or an omission to state a material fact necessary in order to make the statement made, in the light of the circumstances under which made, not misleading, the buyer does not know of the untruth or omission and the offeror or seller does not sustain the burden of proof that the offeror or seller did not know, and in the exercise of reasonable care could not have known, of the untruth or omission.

(2) A person shall be civilly liable to another person who sells a security if the person offers to purchase or purchases the security by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statement made, in the light of the circumstances under which it is made, not misleading, the seller does not know of the untruth or omission, and the purchaser does not sustain the burden of proof that the purchaser did not know, and in the exercise of reasonable care could not have known, of the untruth or omission.
(3) A person shall be civilly liable to another person if the person:
(A) Acts as an investment adviser or representative in violation of §§ 31- 5602.02, 31-5605.02, 31-5605.05(b), or of any rule or order adopted under § 31-5604.05; or
(B)(i) Receives directly or indirectly any consideration from the other person for advice as to the value of securities or their purchase or sale or for acting as an investment adviser or representative under § 31-5601.01(17) or (18), whether through the issuance of analyses, reports or otherwise, and
(ii) Employs an device, scheme, or artifice to defraud the other person or engages in an act, practice, or course of business which operates or would operate as a fraud or deceit on the other person.

(b)(1) In an action brought under subsection (a)(1) of this section, a buyer may sue at law or in equity:

(A) To recover the consideration paid for the security, interest at the rate used in the Superior Court of the District of Columbia from the date of payment, costs, and reasonable attorneys' fees, less the amount of any income received on the security, upon the tender of the security and any income received on it; or
(B) For damages if the buyer no longer owns the security. The amount of damages shall be the amount that would be recoverable on a tender less the value of the security when the buyer disposed of it, plus interest at the rate used in the Superior Court of the District of Columbia from the date of disposition.
(2) In an action under subsection (a)(2) of this section, a seller may sue at law or in equity:
(A) On tender of the consideration paid for the security, to recover the security, the amount of any income received on the security, costs, and reasonable attorneys' fees; or
(B) For damages if the buyer no longer owns the security.
(3) In an action brought under subsection (a)(3) of this section, a person may sue at law or in equity for the rescission of the advisory contract and any damages resulting from the violation, interest at the rate used in the Superior Court of the District of Columbia from the date of payment of the consideration plus costs and reasonable attorney's fees, less the amount of any income received from such advice.

(c) A person who directly or indirectly controls a person liable under subsection (a) of this section; a partner, officer, or director of the person liable; a person occupying a similar status or performing similar functions; an employee of the person liable who materially aids in the conduct giving rise to the liability; and a broker-dealer or agent who materially aids in the conduct shall be liable jointly and severally with, and to the same extent as the person liable, unless her or she is able to sustain the burden of proof that he or she did not know, and in exercise of reasonable care could not have known, of the existence of the facts by reason of which the liability is alleged to exist. There shall be contribution among the several persons so liable.

(d) A tender specified in this section may be made at any time before entry of judgment.

(e) A cause of action under this chapter shall survive the death of any person who might have been a plaintiff or defendant.

(f)(1) A person may not sue under subsection (a)(1) and (2) of this section after the earlier of 3 years after the contract of sale or purchase, or the time specified in paragraph (2) of this subsection.

(2) An action may not be maintained:
(A) To enforce any liability under subsection (a)(1)(A) of this section unless brought within one year after the violation on which it is based; or
(B) To enforce a liability under subsections (a)(1)(B) or (a)(2) of this section unless brought within one year after the discovery of the untrue statement or omission or after the discovery should have been made by the exercise of reasonable diligence.
(3) A person may not sue under subsection (a)(3) of this section after the earlier of 3 years after the date of the advisory contract or the rendering of investment advice, or the expiration of 2 years after the discovery of the facts constituting the violation.

(g) No person may sue under this section if:

(1) The buyer received a written offer, before suit and at a time when the buyer owned the security or asset, to refund the consideration paid, and interest at the rate used in the Superior Court of the District of Columbia from the date of payment, less the amount of any income received on the security or asset, and the buyer failed to accept the offer within 30 days of its receipt;
(2) The buyer received such an offer before suit and at a time when the buyer did not own the security or asset, unless the buyer rejected the offer in writing within 30 days of its receipt; or
(3) The seller received a written offer from the buyer, before suit, to return the security or asset, together with the amount of any income received on the security, and interest at the rate used by the Superior Court of the District of Columbia from the date of payment, and the seller failed to accept the offer within 30 days of its receipt.

(h) No person may sue on a contract if the person has made or engaged in the performance of the contract in violation of this chapter or any rule or order adopted under this chapter, or has acquired any purported right under the contract with knowledge of the facts by reason of which its making or performance violated this chapter or a rule or order adopted under this chapter.

(i) A condition, stipulation, or provision that binds a person who acquires a security or asset, or receives a investment advice, to waive compliance with a provision of this chapter or a rule or order adopted under this chapter shall be void.

(j) The rights and remedies provided by this chapter shall be in addition to any other rights or remedies that may exist at law or in equity, but this chapter does not create a cause of action not specified in this section or authorized under the bonding requirements of § 31-5602.03(h).

FINRA securities brokerage firms with their main offices in Washington, DC:

ABA BUSINESS SERVICES, LLC
1120 CONNECTICUT AVE, NW, WASHINGTON, DC 20036
Mailing Address: 1120 CONNECTICUT AVE, NW, ATTN: HELEN SULLIVAN, 8TH FLOOR, WASHINGTON, DC 20036

ACHATES CAPITAL ADVISORS LLC
1001 CONNECTICUT AVENUE, N.W., SUITE 715, WASHINGTON, DC 20036

ALBRIGHT SECURITIES LLC
1101 NEW YORK AVENUE, NW, SUITE 900, WASHINGTON, DC 20005

ARC SECURITIES, LLC
1330 CONNECTICUT AVENUE, NW, SUITE 223, WASHINGTON, DC 20036

BRIAN COHN, INCORPORATED
5525 SHERIER PLACE, NW, WASHINGTON, DC 20016

CALLAHAN FINANCIAL SERVICES, INC.
1001 CONNECTICUT AVE. NW, SUITE 1001, WASHINGTON, DC 20036

CAPFI PARTNERS, LLC
2445 M STREET NW, 2ND FLOOR, WASHINGTON, DC 20037

CHERTOFF CAPITAL, LLC
1110 VERMONT AVENUE, N.W., 4TH FLOOR, WASHINGTON, DC 20005

COMPASS POINT RESEARCH & TRADING, LLC
3000 K STREET, NW, SUITE 340, WASHINGTON, DC 20007

ENGLAND SECURITIES, LLC
1015 18TH STREET, NW, SUITE 900, WASHINGTON, DC 20036

FOLGER NOLAN FLEMING DOUGLAS INCORPORATED
725 15TH STREET N.W., WASHINGTON, DC 20005-2109

FTI CAPITAL ADVISORS, LLC
1101 K STREET NW, 10TH FLOOR, WASHINGTON, DC 20005
Mailing Address: 1101 K STREET NW, SUITE B100, WASHINGTON, DC 20005

GLOBAL MARKETS, LLC
2700 QUEBEC STREET NW, WASHINGTON, DC 20008-1223

HAMILTON CLARK SECURITIES COMPANY
1701 PENNSYLVANIA AVENUE NW, SUITE 300, WASHINGTON, DC 20006

HEIGHT SECURITIES, LLC
975 F STREET, NW, SUITE 520, WASHINGTON, DC 20004

ICMA-RC SERVICES, LLC
777 NORTH CAPITOL STREET, NE, SUITE 600, WASHINGTON, DC 20002-4240

JOHNSTON, LEMON & CO. INCORPORATED
1101 VERMONT AVENUE - NW, WASHINGTON, DC 20005-3521

KALORAMA CAPITAL, LLC
1776 I STREET NW, SUITE 900, WASHINGTON, DC 20006-3757

LBC CAPITAL PARTNERS LLC
700 13TH STREET, NW. STE 925, WASHINGTON, DC 20005

LFC SECURITIES, LLC
1250 CONNECTICUT AVE NW, SUITE 310, WASHINGTON, DC 20036

MCCRACKEN ADVISORY PARTNERS CORPORATION
1010 VERMONT AVE NW, STE #710, WASHINGTON, DC 20005

MILESTONE ADVISORS LLC
1775 I STREET, NW, SUITE 800, WASHINGTON, DC 20006

SCULLY CAPITAL SECURITIES CORP.
1133 15TH STREET NW, SUITE #900, WASHINGTON, DC 20005

SUCCESS TRADE SECURITIES, INC.
1900 L. STREET NW, SUITE 301, WASHINGTON, DC 20036

TAYLOR FINANCIAL SERVICES, LLC
1128 16TH ST., NW, WASHINGTON, DC 20036

TCG SECURITIES, L.L.C.
1001 PENNSYLVANIA AVE., NW, SUITE 220 SOUTH, WASHINGTON, DC 20004-2505

TWS FINANCIAL, LLC.
1101 PENNSYLVANIA AVENUE SUITE 600, WASHINGTON, DC 20004

UGR, LLC
1227 25TH STREET, NW, SUITE 609, WASHINGTON, DC 20037

ULLICO INVESTMENT COMPANY, INC.
1625 EYE STREET, NW, WASHINGTON, DC 20006

WACHTEL & CO., INC.
1101 FOURTEENTH ST.-NW, WASHINGTON, DC 20005

SHELYN SECURITIES CORP
12250 ROCKVILLE PIKE, STE. 200, ROCKVILLE, MD 20852

SIGNAL HILL CAPITAL GROUP LLC
300 E. LOMBARD STREET, SUITE 1700, BALTIMORE, MD 21202-3243

STEBEN & COMPANY, INC.
2099 GAITHER ROAD, STE. 200, ROCKVILLE, MD 20850
Mailing Address: 2099 GAITHER ROAD, STE. 200, ROCKVILLE, MD 20850

STOUT CAUSEY CAPITAL CORPORATION
910 RIDGEBROOK ROAD, SPARKS, MD 21152

T. ROWE PRICE INVESTMENT SERVICES, INC.
100 E PRATT ST, BALTIMORE, MD 21202

TLS FINANCIAL SERVICES, INC.
920 PROVIDENCE RD, SUITE 203, TOWSON, MD 21286-2977

WASHINGTON SECURITIES CORPORATION
6935 WISCONSIN AVE NO. 510, CHEVY CHASE, MD 20815-6113

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in two North Carolina cities: Raleigh, North Carolina and Charlotte, North Carolina.

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent North Carolina residents in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of North Carolina, including Charlotte, Raleigh, Greensboro, Durham, Winston-Salem, Fayetteville, Cary, Wilmington, High Point, Concord, Greenville, Asheville, Gastonia, the Outer Banks, Nags Head, Chapel Hill, and Jacksonville.

The North Carolina Secretary of State, Securities Division, in Raleigh, North Carolina, regulates the sales of securities in the state of North Carolina. Its website provides information on state securities Statutes and Rules, and information on how to file a complaint. 

North Carolina's Securities Act is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorney's fees, and interest.

Common Legal Claims by investors against their financial advisors in North Carolina are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

The Civil Liability section of the North Carolina Securities Act is as follows:

§ 78A‑56. Civil liabilities.
(a)        Any person who:
(1)        Offers or sells a security in violation of G.S. 78A‑8(1), 78A‑8(3), 78A‑10(b), 78A‑13, 78A‑14, 78A‑24, or 78A‑36(a), or of any rule or order under G.S. 78A‑49(d) which requires the affirmative approval of sales literature before it is used, or of any condition imposed under G.S. 78A‑27(d) or 78A‑28(g), or
(2)        Offers or sells a security by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading (the purchaser not knowing of the untruth or omission), and who does not sustain the burden of proof that he did not know, and in the exercise of reasonable care could not have known, of the untruth or omission,
is liable to the person purchasing the security from him, who may sue either at law or in equity to recover the consideration paid for the security, together with interest at the legal rate from the date of payment, costs, and reasonable attorneys' fees, less the amount of any income received on the security, upon the tender of the security, or for damages if the purchaser no longer owns the security. Damages are the amount that would be recoverable upon a tender less the value of the security when the purchaser disposed of it and interest at the legal rate as provided by G.S. 24‑1 from the date of disposition.
(b)        Any person who purchases a security by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading (the seller not knowing of the untruth or omission), and who does not sustain the burden of proof that the person did not know, and in the exercise of reasonable care could not have known, of the untruth or omission, shall be liable to the person selling the security to him, who may sue either at law or in equity to recover the security, plus any income received by the purchaser thereon, upon tender of the consideration received, or for damages if the purchaser no longer owns the security. Damages are the excess of the value of the security when the purchaser disposed of it, plus interest at the legal rate as provided by G.S. 24‑1 from the date of disposition, over the consideration paid for the security.
(b1)      A person who willfully violates G.S. 78A‑12 is liable to a person who purchases or sells a security, other than a security traded on a national securities exchange or quoted on a national automated quotation system administered by a self‑regulatory organization, at a price that was affected by the act or transaction for the damages sustained as a result of the act or transaction. Damages are the difference between the price at which the securities were purchased or sold and the value the securities would have had at the time of the person's purchase or sale in the absence of the act or transaction, plus interest at the legal rate as provided by G.S. 24‑1 from the date of the purchase or sale, costs, and reasonable attorneys' fees determined by the court.
(c)       (1)        Every person who directly or indirectly controls a person liable under subsection (a), (b), or (b1) of this section, every partner, officer, or director of the person, every person occupying a similar status or performing similar functions, and every dealer or salesman who materially aids in the sale is also liable jointly and severally with and to the same extent as the person, unless able to sustain the burden of proof that the person did not know, and in the exercise of reasonable care could not have known, of the existence of the facts by reason of which the liability is alleged to exist.
(2)        Unless liable under subdivision (1) of this subsection, every employee of a person liable under subsection (a), (b), or (b1) of this section who materially aids in the transaction giving rise to the liability and every other person who materially aids in the transaction giving rise to the liability is also liable jointly and severally with and to the same extent as the person if the employee or other person actually knew of the existence of the facts by reason of which the liability is alleged to exist.
(3)        There is contribution among the several persons liable under subdivisions (1) and (2) of this subsection as provided among tort‑feasors pursuant to Chapter 1B of the General Statutes.
(d)       Any tender specified in this section may be made at any time before entry of judgment. Tender shall require only notice of willingness to exchange the security for the amount specified. Any notice may be given by service as in civil actions or by certified mail addressed to the last known address of the person liable.
(e)        Every cause of action under this statute survives the death of any person who might have been a plaintiff or defendant.
(f)        No person may sue under this section for a violation of G.S. 78A‑24 or G.S. 78A‑36 more than two years after the sale or contract of sale.
No person may sue under this section for any other violation of this Chapter more than three years after the person discovers facts constituting the violation, but in any case no later than five years after the sale or contract of sale, except that if a person who may be liable under this section engages in any fraudulent or deceitful act that conceals the violation or induces the person to forgo or postpone commencing an action based upon the violation, the suit may be commenced not later than three years after the person discovers or should have discovered that the act was fraudulent or deceitful.
(g)       (1)        No purchaser may sue under this section if, before suit is commenced, the purchaser has received a written offer stating the respect in which liability under this section may have arisen and fairly advising the purchaser of his rights; offering to repurchase the security for cash payable on delivery of the security equal to the consideration paid, together with interest at the legal rate as provided by G.S. 24‑1 from the date of payment, less the amount of any income received on the security or, if the purchaser no longer owns the security, offering to pay the purchaser upon acceptance of the offer an amount in cash equal to the damages computed in accordance with subsection (a); and stating that the offer may be accepted by the purchaser at any time within 30 days of its receipt; and the purchaser has failed to accept such offer in writing within the specified period.
(2)        No seller may sue under this section if, before suit is commenced, the seller has received a written offer stating the respect in which liability under this section may have arisen and fairly advising the seller of his rights; offering to return the security plus the amount of any income received thereon upon payment of the consideration received, or, if the purchaser no longer owns the security, offering to pay the seller upon acceptance of the offer an amount in cash equal to the damages computed in accordance with subsection (b); and providing that the offer may be accepted by the seller at any time within 30 days of its receipt; and the seller has failed to accept such offer in writing within the specified period.
(3)        Offers shall be in the form and contain the information the Administrator by rule prescribes. Every offer under subsection (g) of this section shall be delivered to the offeree or sent by certified mail addressed to the offeree at the offeree's last known address. The person making the offer shall file a copy of the rescission offer with the Administrator at least 10 days before delivering the offer to the offeree. If an offer is not performed in accordance with its terms, suit by the offeree under this section shall be permitted without regard to this subsection.
(h)        No person who has made or engaged in the performance of any contract in violation of any provision of this Chapter or any rule or order hereunder, or who has acquired any purported right under any such contract with knowledge of the facts by reason of which its making or performance was in violation, may base any suit on the contract.
(i)         Any condition, stipulation, or provision binding any person acquiring any security to waive compliance with any provision of this Chapter or any rule or order hereunder is void.
(j)         The rights and remedies provided by this Chapter are in addition to any other rights or remedies that may exist at law or in equity, but this Chapter does not create any cause of action not specified in this section or G.S. 78A‑37(d). If the requirements of Chapter 1D of the General Statutes are met, punitive damages are available to the extent provided in that Chapter.
(k)        The purchaser of a viatical settlement contract may rescind or cancel the purchase agreement for any reason by providing written notice of rescission or cancellation to the issuer or the issuer's agent, by certified mail, return receipt requested, within 10 business days after each of the following: (i) the date on which the purchase agreement for the viatical settlement contract is signed by the purchaser, and (ii) the date of actual notice to the purchaser of the assignment, transfer, or sale of all or a portion of an insurance policy on which the viatical settlement contract is based. Notice of rescission is effective upon deposit in the United States mail. The notice of rescission need not take a particular form and is sufficient if it expresses the intention of the purchaser to rescind the transaction. For purposes of this subsection and subsection (k1) of this section only, the rescission period of 10 business days following the purchaser's signing of the purchase agreement shall also be known as the "initial 10‑day rescission period."
(k1)      Immediately upon receipt of any consideration by an issuer or its agent pursuant to a viatical settlement purchase agreement, the issuer or its agent shall deliver the consideration to a domestic independent escrow agent. For purposes of this section, "domestic independent escrow agent" means an escrow agent, located in this State, and not affiliated with the issuer, its affiliate, its officers or directors, or its promoter, or any agents thereof. The domestic independent escrow agent shall maintain the funds received, in their entirety, in an escrow account or trust account located in this State, for the initial 10‑day rescission period following the signing of the purchase agreement, as provided in subsection (k) of this section, unless the domestic independent escrow agent, prior to the completion of the initial 10‑day rescission period, receives notice of the purchaser's cancellation or rescission of the purchase agreement in accordance with this section. If the purchase agreement is rescinded or cancelled within the initial 10‑day rescission period, the domestic independent escrow agent shall immediately deliver the funds, in their entirety along with any interest earned on the funds during the time in which the funds were held in escrow, to the purchaser upon receiving notice, by certified mail, from the issuer or its agent that the purchase agreement has been rescinded or cancelled by the purchaser. If the purchase agreement has not been rescinded or cancelled within the initial 10‑day rescission period, the domestic independent escrow agent shall release the funds to the issuer or its agent in a manner to be determined by agreement between the issuer and the domestic independent escrow agent. Until the funds become available for release by the domestic independent escrow agent to the issuer upon the expiration of the initial 10‑day rescission period without rescission or cancellation by the purchaser, the funds are not subject to claims by creditors of the issuer, its affiliates, or associates.
(l)         Within 90 days after the sale or execution of a contract of sale for an investment of funds intended to be used to purchase a viatical settlement contract or contracts, the seller shall provide the purchaser with a rescission offer in accordance with rules prescribed by the Administrator, if, within that period, there has not been the identification of each and every viatical settlement contract acceptable to the purchaser which has been or shall be purchased for the investment. The purchaser may accept the rescission offer within 10 business days after receiving it. Acceptance of the rescission offer is effective upon compliance by the purchaser with the procedural requirements for notice of rescission or cancellation by a viatical settlement purchaser set forth in subsection (k) of this section. The seller shall keep a record of the rescission offer and its acceptance or rejection for at least three years after providing that offer and shall provide that record to the Administrator at the Administrator's request. For purposes of this subsection only, "purchaser" means a person who executes a contract of sale, with a seller, for an investment of funds to be used to purchase a viatical settlement contract or viatical settlement contracts when, at the time of execution of the contract, each and every viatical settlement contract to be purchased pursuant to the investment has not been identified.

FINRA securities brokerage firms with their main offices in North Carolina:

7M SECURITIES, LLC
201 S. COLLEGE STREET, SUITE 2385, CHARLOTTE, NC 28244

ALTERNATIVE STRATEGIES BROKERAGE SERVICES, INC.
401 SOUTH TRYON STREET, CHARLOTTE, NC 28288-1195

ANDERSON LENEAVE & CO.
6000 FAIRVIEW ROAD, SUITE 625, CHARLOTTE, NC 28210

AQUEDUCT CAPITAL GROUP, LLC
2820 SELWYN AVENUE, SUITE 550, CHARLOTTE, NC 28209

ASHTON STEWART & CO., INC.
150 FAYETTEVILLE STREET, SUITE 1130, RALEIGH, NC 27601

BB&T INVESTMENT SERVICES, INC.
200 SOUTH COLLEGE STREET, 8TH FLOOR, CHARLOTTE, NC 28202

BLACKARCH SECURITIES LLC
121 WEST TRADE ST., SUITE 2800, CHARLOTTE, NC 28202

CAPE FEAR SECURITIES, INC.
822 ANCIENT COURT, 2ND FLOOR, FAYETTEVILLE, NC 28312

CAPITAL GUARDIAN, LLC
2709 WATER RIDGE PARKWAY, SUITE 100, CHARLOTTE, NC 28217

CAPITAL INVESTMENT BROKERAGE, INC.
17 GLENWOOD AVENUE, RALEIGH, NC 27603
Mailing Address: P.O. BOX 32249, RALEIGH, NC 27622

CAPITAL INVESTMENT GROUP, INC.
17 GLENWOOD AVE, RALEIGH, NC 27603
Mailing Address: P.O. BOX 32249, RALEIGH, NC 27622

CAPITAL MANAGEMENT OF THE CAROLINAS, LLC
1520 SOUTH BOULEVARD, SUITE 230, CHARLOTTE, NC 28203

CAROLINA SECURITIES, INC.
1225 CRESCENT GREEN, SUITE 115, CARY, NC 27518

CAROLINAS INVESTMENT CONSULTING LLC
5605 CARNEGIE BOULEVARD - SUITE 400, CHARLOTTE, NC 28209

CONSOLIDATED SECURITIES
1901 ROXBOROUGH ROAD, SUITE 118, CHARLOTTE, NC 28211

DRAGONFLY CAPITAL PARTNERS, LLC
1310 S. TRYON ST., SUITE 109, CHARLOTTE, NC 28203

E&A ADVISORS, LLC
5960 FAIRVIEW ROAD, SUITE 400, CHARLOTTE, NC 28210

EDGEVIEW CAPITAL SECURITIES, LLC
201 S. COLLEGE STREET, SUITE 2000, CHARLOTTE, NC 28244

ELEVATION, LLC
214 N. TRYON STREET, SUITE 3010, CHARLOTTE, NC 28202

FENNEBRESQUE & CO., LLC
100 N. TRYON STREET, SUITE 2710, CHARLOTTE, NC 28202

FIDUS SECURITIES, LLC
121 WEST TRADE STREET, SUITE 1800, CHARLOTTE, NC 28202

FIRST BALLANTYNE, LLC
13950 BALLANTYNE CORPORATE PLACE, SUITE 185, CHARLOTTE, NC 28277-2747

FIRST CITIZENS INVESTOR SERVICES, INC.
4300 SIX FORKS ROAD, RALEIGH, NC 27609
Mailing Address: P.O. BOX 27131, RALEIGH, NC 27611-7131

FIRST TRYON SECURITIES, LLC
1355 GREENWOOD CLIFF, SUITE 401, CHARLOTTE, NC 28204

FIRST WINSTON SECURITIES, INC.
121-E REYNOLDA VILLAGE, WINSTON-SALEM, NC 27106

FRANKLIN STREET SECURITIES, INC.
1450 RALEIGH ROAD, SUITE 300, CHAPEL HILL, NC 27517
Mailing Address: 1450 RALEIGH RD, SUITE 300, CHAPEL HILL, NC 27517

GPC SECURITIES, INC.
600 PEACHTREE ST NE, 2ND FL, GA1-006-02-54, ATLANTA, GA 30308
Mailing Address: 101 S TRYON ST, NC1-002-19-44, CHARLOTTE, NC 28255

HATTERAS CAPITAL
8540 COLONNADE CENTER DR, # 401, RALEIGH, NC 27615

IJL FINANCIAL ADVISORS, LLC
11006 RUSHMORE DRIVE, SUITE 150, CHARLOTTE, NC 28277

INNOVATION PARTNERS LLC
2423A PLANTATION CENTER DRIVE, MATTHEWS, NC 28105
Mailing Address: PO BOX 1300, MATTHEWS, NC 28106

INTERCAROLINA FINANCIAL SERVICES, INC.
3300 BATTLEGROUND AVENUE SUITE 400, GREENSBORO, NC 27410-2447

JACKSON & SMITH INVESTMENT SECURITIES, LLC
275 W. MAIN AVENUE, GASTONIA, NC 28052
Mailing Address: P. O. BOX 876, GASTONIA, NC 28053-0876

JBS LIBERTY SECURITIES, INC.
8320 UNIVERSITY EXECUTIVE PARK DRIVE, SUITE 112, CHARLOTTE, NC 28262

MCCOLL PARTNERS, LLC
100 NORTH TRYON STREET, SUITE 5400, CHARLOTTE, NC 28202

MCMILLION SECURITIES, INC.
701 GREEN VALLEY RD SUITE 104, GREENSBORO, NC 27408
Mailing Address: P.O. BOX 21447, GREENSBORO, NC 27420

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ONE BRYANT PARK, NEW YORK, NY 10036
Mailing Address: 101 S TRYON ST, NC1-002-19-44, CHARLOTTE, NC 28255

MID-ATLANTIC SECURITIES, INC.
4001 BARRETT DRIVE, SUITE 100, RALEIGH, NC 27609

MILESTONE INVESTMENTS, INC.
6331 CARMEL ROAD, CHARLOTTE, NC 28226-8246

 

MILLENNIUM ADVISORS, LLC
14120 BALLANTYNE CORPORATE PLACE, SUITE 520, CHARLOTTE, NC 28277

OPTSECURITIES, LLC
200 S. COLLEGE ST., 16TH FLOOR, CHARLOTTE, NC 28202

P.R. GILBOY & ASSOCIATES, INC.
11006 RUSHMORE DRIVE, SUITE 110, CHARLOTTE, NC 28277

PINNACLE CAPITAL MARKETS, LLC
4700 FALLS OF NEUSE, SUITE 390, RALEIGH, NC 27609

PLACE TRADE FINANCIAL, INC.
6501 NEW MARKET WAY, RALEIGH, NC 27615

QUANTUM CAPITAL, LLC
1911 HILLANDALE ROAD, SUITE 1020, DURHAM, NC 27705

QUEENS ROAD SECURITIES, LLC
1031 SOUTH CALDWELL STREET, SUITE 200, CHARLOTTE, NC 28203
Mailing Address: 1031 SOUTH CALDWELL STREET, SUITE 200, CHARLOTTE, NC 28203

REDWINE & COMPANY, INC.
5955 CARNEGIE BOULEVARD, SUITE 225, CHARLOTTE, NC 28209

RNA CAPITAL, INC.
6000 FAIRVIEW ROAD, SUITE 1200, CHARLOTTE, NC 28210

ROLLOVER SECURITIES
4135 SOUTH STREAM BOULEVARD, SUITE 500, CHARLOTTE, NC 28217
Mailing Address: 4135 SOUTH STREAM BOULEVARD, SUITE 500, CHARLOTTE, NC 28217

SCOTTISH RE CAPITAL MARKETS, INC
14120 BALLANTYNE CORPORATE PLACE, SUITE 300, CHARLOTTE, NC 28277

SECU BROKERAGE SERVICES
3101 WAKE FOREST ROAD, RALEIGH, NC 27609

SHERMAN & COMPANY LLC
6302 FAIRVIEW ROAD SUITE 320, CHARLOTTE, NC 28210

SMITH POINT CAPITAL LTD
3 MOSS CREEK COURT, DURHAM, NC 27712

SOJOURNER SECURITIES, LLC
1523 ELIZABETH AVE, SUITE 200, CHARLOTTE, NC 28204

SOUTH ATLANTIC ENTERPRISES, INC.
6201 FAIRVIEW ROAD, STE. 200, CHARLOTTE, NC 28210

SOUTHEAST INVESTMENTS, N.C., INC.
820 TYVOLA ROAD-SUITE 104, CHARLOTTE, NC 28217

SOVEREIGN LEGACY SECURITIES, INC.
540 N.W. BROAD STREET, SOUTHERN PINES, NC 28387
Mailing Address: P.O. BOX 2299, SOUTHERN PINES, NC 28388

STILLPOINT CAPITAL, LLC
16456 MARVIN ROAD, CHARLOTTE, NC 28277

SYKES FINANCIAL SERVICES LLC
213 N MARKET ST, SUITE 201, WASHINGTON, NC 27889

SYNERGY INVESTMENT GROUP, LLC
8320 UNIVERSITY EXECUTIVE PARK DRIVE, SUITE 112, CHARLOTTE, NC 28262
Mailing Address: 8320 UNIVERSITY EXECUTIVE PARK DRIVE, CHARLOTTE, NC 28262

TCP, LLC
128 S. TRYON STREET, SUITE 1700, CHARLOTTE, NC 28202

TEACHERS PERSONAL INVESTORS SERVICES, INC.
730 THIRD AVE, 15 TH FLOOR, NEW YORK, NY 10017-3206
Mailing Address: 8500 ANDREW CARNEGIE BOULEVARD, MAIL STOP SSC/C2/08, CHARLOTTE, NC 28262-8500

THE HUTCHISON COMPANY
1200 BROAD STREET SUITE 205, DURHAM, NC 27705-3573

THE ORR GROUP, LLC
110 SOUTH STRATFORD ROAD, SUITE 402, WINSTON-SALEM, NC 27104

THE STRATEGIC ALLIANCE CORPORATION
132 NORTH 1ST STREET, ALBERMARLE, NC 28001
Mailing Address: POST OFFICE BOX 1517, ALBEMARLE, NC 28002

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC
730 THIRD AVENUE, NEW YORK, NY 10017-3206
Mailing Address: 8500 ANDREW CARNEGIE BOULEVARD, MAIL STOP SSC/C2/08, CHARLOTTE, NC 28262-8500

TOBIN & COMPANY SECURITIES LLC
201 SOUTH COLLEGE STREET, SUITE 1610, CHARLOTTE, NC 28244

TRIANGLE SECURITIES, LLC
1301 ANNAPOLIS DRIVE, RALEIGH, NC 27608

UVEST FINANCIAL SERVICES GROUP, INC.
5 COLISEUM CENTRE, 2810 COLISUEUM CENTRE DRIVE, CHARLOTTE, NC 28217
Mailing Address: 9785 TOWNE CENTRE DR, SAN DIEGO, CA 92121-1968

VERITY INVESTMENTS, INC.
280 S. MANGUM STREET, SUITE 550, DURHAM, NC 27701

W. H. COLSON SECURITIES, INC.
211 COMMERCE STREET, SUITE C, GREENVILLE, NC 27858
Mailing Address: P. O. BOX 4007, GREENVILLE, NC 27836-2007

WELLS FARGO INSTITUTIONAL SECURITIES, LLC
301 SOUTH COLLEGE STREET, ONE WACHOVIA CENTER, 8TH FLOOR, CHARLOTTE, NC 28202

WELLS FARGO INSURANCE SERVICES INVESTMENT ADVISORS, INC.
301 SOUTH COLLEGE STREET, 19TH FLOOR, MAIL CODE: D1053-190, CHARLOTTE, NC 28202

WELLS FARGO SECURITIES, LLC
301 S. COLLEGE STREET, TW-8, MAIL CODE NC0602, CHARLOTTE, NC 28202-0602
Mailing Address: 301 S. COLLEGE STREET, TW-8, MAIL CODE NC0602, CHARLOTTE, NC 28288-0602

WESTCOUNTRY FINANCIAL
16915 TURTLE POINT, CHARLOTTE, NC 28278-8428

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in one Delaware city: Wilmington, Delaware.

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent residents from the mid-Atlantic, including Delaware, in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Delaware, including Wilmington, Dover, Newark, and Middletown.

The Delaware Department of Justice, Securities Division, in Wilmington, Delaware, regulates the sales of securities in the state of Delaware. Its website provides information on state securities Statutes and Rules, and information on how to file a complaint.

Delaware's Securities Act is similar to many states Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorney's fees, and interest.

Common Legal Claims by investors against their financial advisors in Delaware are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

The Civil Liability section of the Delaware Securities Act is as follows:

§ 7323. Civil liabilities.
(a) Any person who:
(1) Offers or sells a security in violation of § 7313, § 7304 or § 7311(b) of this title, or of any rule or order under § 7312 of this title which requires the affirmative approval of sales literature before it is used, or of any condition imposed under § 7306(d) of this title.
(2) Offers, sells or purchases a security by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statement made, in the light of the circumstances under which they are made, not misleading (the buyer or seller not knowing of the untruth or omission), and who does not sustain the burden of proof that the person did not know, and in the exercise of reasonable care could not have known of the untruth or omission, is liable to the person buying or selling the security from or to him or her, who may sue either at law or in equity to recover the consideration paid for the security, together with the interest at the legal rate from the date of payment costs, and reasonable attorneys' fees, less the amount of any income received on the security, upon the tender of the security, or for damages if he or she no longer owns the security.
(b) Every person who directly or indirectly controls a seller or buyer liable under
subsection (a), every partner, officer, or director of such a seller or buyer, every person occupying a similar status or performing similar functions, every employee of such seller or buyer who materially aids in the sale, and every broker-dealer or agent who materially aids in the sale or purchase are also liable jointly and severally with and to the same extent as the seller or buyer, unless the nonseller or nonbuyer who is so liable sustains the burden of proof that the person did not know, and in exercise of reasonable care could not have known, of the existence of the facts by reason of which the liability is alleged to exist. There is contribution as in cases of contract among the several persons so liable.
(c) Any tender specified in this section may be made at any time before entry of
judgment.
(d) Every cause of action under this chapter survives the death of any person who
might have been a plaintiff or defendant.
(e) No person may sue under this section more than 3 years after the contract of sale.
No person may sue under this section if the buyer received a written offer, before suit and at a time when the buyer owned the security, or if a seller received a written offer before suit, to refund the consideration paid together with interest at the legal rate from the date of payment, less the amount of any income received on the security, and the seller failed to accept the offer within 30 days of its receipt, or if the buyer received such an offer before suit and at a time when the buyer did not own the security, unless the buyer rejected the offer in writing within 30 days of its receipt.
(f) No person who has made or engaged in the performance of any contract in violation of any provision of this chapter or any rule or order hereunder, or who has acquired any purported right under any such contract with knowledge of the facts by reason of which its making or performance was in violation may base any suit on the contract.
(g) Any condition, stipulation, or provision binding any person acquiring any security to waive compliance with any provision of this chapter or any rule or order hereunder is void.
(h) The rights and remedies provided by this chapter are in addition to any other rights or remedies that may exist at law or in equity.

FINRA securities brokerage firms with their main offices in Delaware:

BRITTINGHAM, INC.
5809 KENNETT PIKE, WILMINGTON, DE 19807

DUPONT CAPITAL MANAGEMENT MARKETING CORPORATION
DELAWARE CORPORATE CENTER, ONE RIGHTER PARKWAY, SUITE 3200, WILMINGTON, DE 19803-1534

LEE FINANCIAL SECURITIES, INC.
2756 WOODLAWN DRIVE, SUITE #6-201, HONOLULU, HI 96822-1856
Mailing Address: 503 BLACKBIRD DRIVE, HOCKESSIN, DE 19707-2053

MONADNOCK SECURITIES, LP
219 WEST NINTH STREET, # 220, WILMINGTON, DE 19801

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in four New York cities:  Albany, Buffalo, Syracuse, and New York.

The Securities Fraud Lawyers at Greco & Greco, P.C. regularly represent New York residents in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of New York, including New York City, Manhattan, Hempstead, Brookhaven, Islip, Oyster Bay, Buffalo, Babylon, Rochester, and Syracuse.

The New York Office of the Attorney General, Investor Protection Bureau, located near Wall Street in Manhattan, regulates the sales of securities in the state of New York. Its website provides information on state securities Statutes and Rules, and information on how to file a complaint.

Common Legal Claims by investors against their financial advisors in New York are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

New York General Business Law Article 23-A § 353. Action by attorney-general

1. Whenever the attorney-general shall believe from evidence satisfactory to him that any person, partnership, corporation, company, trust or association has engaged in, is engaged or is about to engage in any of the practices or transactions heretofore referred to as and declared to be fraudulent practices, he may bring an action in the name and on behalf of the people of the state of New York against such person, partnership, corporation, company, trust or association, and any other person or persons theretofore concerned in or in any way participating in or about to participate in such fraudulent practices, to enjoin such person, partnership, corporation, company, trust or association and such other person or persons from continuing such fraudulent practices or engaging therein or doing any act or acts in furtherance thereof or, if the attorney-general should believe from such evidence that such person, partnership, corporation, company, trust or association actually has or is engaged in any such fraudulent practice, he may include in such action an application to enjoin permanently such person, partnership, corporation, company, trust or association, and such other person or persons as may have been or may be concerned with or in any way participating in such fraudulent practice, from selling or offering for sale to the public within this state, as principal, broker or agent, or otherwise, any securities issued or to be issued. In said action an order or a judgment may be entered awarding the relief applied for or so much thereof as the court may deem proper. Upon a showing by the attorney-general in his application for a permanent injunction hereunder that the defendant named in the action or an officer thereof has refused to be sworn or to be examined or to answer a material question or to produce a book or paper relevant to the inquiry when duly ordered so to do by the officer or judge duly conducting an inquiry into the subject matter forming the basis of the application for such injunction, such refusal shall be prima facie proof that such defendant is or has been engaged in fraudulent practices as set forth in such application and a permanent injunction may issue from the supreme court without any further showing by the attorney-general. In such an action, the court may award to the plaintiff a sum not in excess of two thousand dollars as an additional allowance.

2. Upon a showing by the attorney-general in an application for an injunction that any person engaged in the purchase, sale, offer to purchase or sell, issuance, exchange, promotion, negotiation, advertisement or distribution within this state of any security or securities, either as principal, partner, officer, agent, employee or otherwise, has ever been convicted by a court of competent jurisdiction in any state or country of any felony; or of any other criminal offense by any such court, whether or not constituting a felony, involving securities, the supreme court after a hearing may issue a permanent injunction awarding the relief applied for, or so much thereof as the court may deem proper, against such person shown to have been so convicted, in the form and manner provided for in subdivision one of this section in case of one who actually has or is engaged in any fraudulent practice.

3. Upon a showing by the attorney general that a fraudulent practice as defined by this article has occurred, he may include in an action under this article an application to direct restitution of any moneys or property obtained directly or indirectly by any such fraudulent practice.

FINRA securities brokerage firms with their main offices in New York:

A B WONG CAPITAL LLC
10 CATHERINE SLIP 15H, NEW YORK, NY 10038
Mailing Address: P.O.BOX 479, NEW YORK, NY 10272
 
A&F FINANCIAL SECURITIES, INC.
6901 JERICHO TURNPIKE, SUITE 217, SYOSSET, NY 11791
 
A. P. SECURITIES, INC.
15 WATERVIEW DR, CENTERPORT, NY 11721
Mailing Address: P. O. BOX 434, CENTERPORT, NY 11721
 
A. R. SCHMEIDLER & CO., INC.
500 FIFTH AVENUE, NEW YORK, NY 10110-1405
 
A.B. WATLEY DIRECT, INC.
50 BROAD STREET, SUITE 1614, NEW YORK, NY 10004
Mailing Address: 50 BROAD STREET, SUITE 1614, NEW YORK, NY 10004
 
A.C.R. SECURITIES, INC.
687 PARK LANE, CEDARHURST, NY 11516
 
A.J. PACE & CO., INC.
39 BROADWAY, SUITE 3300, NEW YORK, NY 10006
Mailing Address: 39 BROADWAY, SUITE 3300, NEW YORK, NY 10006
 
A.J. SLOANE & COMPANY, LLC
623 FIFTH AVENUE, 28TH FLOOR, NEW YORK, NY 10022
 
A.K. CAPITAL, LLC
445 PARK AVENUE, 9TH FLOOR, NEW YORK, NY 10022
Mailing Address: 445 PARK AVENUE 9TH FLOOR, NEW YORK, NY 10022
 
ABACUS INTERNATIONAL CAPITAL CORP.
181 CANAL STREET-2ND FLOOR, NEW YORK, NY 10013
Mailing Address: 181 CANAL STREET - 2ND FLOOR, NEW YORK, NY 10013
 
ABBEY CAPITAL (US) LLC
330 MADISON AVE, SUITE 623, NEW YORK, NY 10017-5001
 
ABEL/NOSER CORP.
ONE BATTERY PARK PLAZA, 6TH FLOOR, NEW YORK, NY 10004
 
ABG SUNDAL COLLIER INC.
535 MADISON AVENUE, NEW YORK, NY 10022-4212
 
ABN AMRO SECURITIES (USA) LLC
100 PARK AVENUE, 17 FLOOR, NEW YORK, NY 10017-5516
 
ABRAMSON FINANCIAL, LLC
1633 BROADWAY, NINTH FLOOR, NEW YORK, NY 10019
 
ACADEMY SECURITIES, INC.
445 HAMILTON AVENUE, SUITE 1102, WHITE PLAINS, NY 10601
 
ACCRUED EQUITIES INC.
150 BROADHOLLOW RD, SUITE PH 02, MELVILLE, NY 11747
 
ACGM, INC.
590 MADISON AVENUE, 41ST FLOOR, SUITE 4103, NEW YORK, NY 10022
 
ACHELOUS PARTNERS, LLC
THE CHRYSLER BUILDING, 405 LEXINGTON AVENUE, 7TH FLOOR, NEW YORK CITY, NY 10174-0002
 
ACN SECURITIES INC.
100 PARK AVENUE - SUITE 1600, NEW YORK, NY 10017
 
ADIRONDACK TRADING GROUP LLC
2123 MAIN STREET, NEW WOODSTOCK, NY 13122
 
ADVANCED EQUITIES SERVICES CORP.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET SUITE 1704, NEW YORK, NY 10005
Mailing Address: 130 BROAD BROOK ROAD, BEDFORD HILLS, NY 10507
 
ADVANCED GLOBAL SECURITES CORP.
445 PARK AVENUE, 9TH FLOOR, NEW YORK, NY 10022
 
ADVANTAGE GFC LLC
2 WALL STREET, NEW YORK, NY 10005
 
AEGIS CAPITAL CORP.
810 7TH AVE, 11TH FLOOR, NEW YORK, NY 10019
 
AEGIS ENERGY ADVISORS CORP.
708 THIRD AVENUE, 6TH FLOOR, NEW YORK, NY 10017-4201
 
AG BD LLC
245 PARK AVENUE, 26TH FLOOR, NEW YORK, NY 10167-0094
 
AGM SECURITIES LLC
277 PARK AVENUE, 49TH FLOOR, NEW YORK, NY 10172
 
AGRICAPITAL SECURITIES INC.
1410 BROADWAY, SUITE 1802, NEW YORK, NY 10018
 
AKIN BAY COMPANY LLC
780 THIRD AVENUE, NEW YORK, NY 10017
 
ALBERT FRIED & COMPANY, LLC
45 BROADWAY, 24TH FLOOR, NEW YORK, NY 10006
 
ALEXANDER CAPITAL, L.P.
100 QUENTIN ROOSEVELT BLVD, SUITE 103, GARDEN CITY, NY 11530
 
ALFORMA CAPITAL MARKETS, INC.
1270 AVENUE OF THE AMERICAS, SUITE 1805, NEW YORK, NY 10020
 
ALGO ENGINEERING EXECUTION SERVICES LLC
7 WORLD TRADE CENTER, STE 34F, NEW YORK, NY 10007
 
ALL FUNDS, INC.
1444 ORANGE TURNPIKE, MONROE, NY 10950-3716
Mailing Address: PO DRAWER H, VALLEY COTTAGE, NY 10989
 
ALLEGRO SECURITIES LLC
3 W 57TH ST, FL 10, NEW YORK, NY 10019
 
ALLEN & COMPANY LLC
711 FIFTH AVENUE, NEW YORK, NY 10022
 
ALLIANCEBERNSTEIN INVESTMENTS, INC.
1345 AVENUE OF THE AMERICAS, NEW YORK, NY 10105-0096
 
ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
1633 BROADWAY, NEW YORK, NY 10019
 
ALLY SECURITIES LLC
1177 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK, NY 10036
 
ALPHASOURCE CAPITAL SECURITIES LLC
32 EAST 57TH STREET, 12TH FLOOR, NEW YORK, NY 10022
 
ALTERNATIVE ACCESS CAPITAL, LLC
2 WILLIAM STREET, SUITE 402, WHITE PLAINS, NY 10601
 
ALTERNATIVE ASSET INVESTMENT MANAGEMENT SECURITIES, LLC
99 PARK AVENUE, SUITE 330, NEW YORK, NY 10016
Mailing Address: BOX 5274, ROCKEFELLER STATION, NEW YORK, NY 10185-5274
 
ALTERNET SECURITIES INC.
380 MADISON AVENUE, 4TH FLOOR, NEW YORK, NY 10017
 
ALTO SECURITIES, LLC
850 THIRD AVENUE, 16TH FLOOR, NEW YORK, NY 10022
 
ALVAREZ & MARSAL SECURITIES, LLC
600 LEXINGTON AVE, 6TH FLOOR, NEW YORK, NY 10022
Mailing Address: 600 LEXINGTON AVE, 6TH FLOOR, NEW YORK, NY 10022
 
ALYSSA LLC
888 7TH AVENUE, 41ST FLOOR, NEW YORK, NY 10106
 
AMBATA SECURITIES, LLC
370 LEXINGTON AVENUE, 26TH FLOOR, NEW YORK, NY 10017
 
AMERICA INVEST ONLINE, INC.
97 POWERHOUSE ROAD, SUITE 103, ROSLYN HEIGHTS, NY 11577
Mailing Address: 97 POWERHOUSE ROAD, SUITE 103, ROSLYN HEIGHTS, NY 11577
 
AMERICAN CAPITAL PARTNERS, LLC
205 OSER AVE., HAUPPAUGE, NY 11788
 
AMERICAN PORTFOLIOS FINANCIAL SERVICES, INC.
4250 VETERANS MEMORIAL HIGHWAY, 4TH FLOOR EAST, HOLBROOK, NY 11741
Mailing Address: 4250 VETERANS MEMORIAL HWY, 4TH FLOOR EAST, HOLBROOK, NY 11741
 
AMERITECH ADVISORS
708 THIRD AVENUE, 5TH FLOOR, NEW YORK, NY 10017
 
AMUNDI DISTRIBUTORS, INC.
1301 AVENUE OF THE AMERICAS, 38TH FL., NEW YORK, NY 10019
 
AMUR ADVISORS LLC
12 EAST 49TH STREET, 40TH FLOOR, NEW YORK, NY 10017
 
ANCHIN CAPITAL ADVISORS LLC
1375 BROADWAY, 18TH FLOOR, NEW YORK, NY 10018
 
ANCHOR ASSET MANAGEMENT LLC
267 FIFTH AVE., SUITE 800, NEW YORK, NY 10016
 
ANDREW GARRETT INC.
140 EAST 45TH STREET, 11TH FLOOR, NEW YORK, NY 10017
 
ANUBIS SECURITIES LLC
717 FIFTH AVENUE, 18TH FLOOR, NEW YORK, NY 10022
 
ANZ SECURITIES, INC.
277 PARK AVENUE, FLOOR 31, NEW YORK, NY 10172-0003
 
AON BENFIELD SECURITIES, INC.
200 EAST RANDOLPH STREET, CHICAGO, IL 60601
 
APB FINANCIAL GROUP, LLC
17 STATE ST. - SUITE 1650, NEW YORK, NY 10004
 
APOLLO GLOBAL SECURITIES, LLC
9 WEST 57TH STREET, 48TH FL, NEW YORK, NY 10019-2701
 
AQUA SECURITIES L.P.
110 EAST 59TH STREET, NEW YORK, NY 10022
 
AQUILA DISTRIBUTORS, INC.
380 MADISON AVENUE #2300, NEW YORK, NY 10017
Mailing Address: 380 MADISON AVENUE, SUITE 2300, NEW YORK, NY 10017
 
ARCADIA SECURITIES, LLC
720 FIFTH AVE, 10TH FL, NEW YORK, NY 10019
Mailing Address: 720 FIFTH AVE, 10TH FLOOR, NEW YORK, NY 10019
 
ARDOUR CAPITAL INVESTMENTS, LLC
350 5TH AVENUE, SUITE 3018, NEW YORK, NY 10118
 
ARJENT LLC
570 LEXINGTON AVENUE, 22ND FLOOR, NEW YORK, NY 10022
 
ARMONK CAPITAL SECURITIES LLC
16 ROSE HILL DRIVE, ARMONK, NY 10504
 
ARROW INVESTMENTS, INC.
3010 WESTCHESTER AVENUE, SUITE 203, PURCHASE, NY 10577
 
ARTIO GLOBAL INSTITUTIONAL SERVICES LLC
330 MADISON AVENUE, FLOOR 12A, NEW YORK, NY 10017-5035
 
ASANTE PARTNERS LLC
641 LEXINGTON AVENUE, 30TH FLOOR, NEW YORK, NY 10022
 
ASHMORE INVESTMENT MANAGEMENT (US) CORPORATION
122 E. 42ND ST, STE 5005, NEW YORK, NY 10168
 
ASPERION GROUP LLC
152 WEST 57TH STREET, 18TH FLOOR, NEW YORK, NY 10019
 
AST INVESTOR SERVICES LLC
110 WALL STREET, 5TH FLOOR, NEW YORK, NY 10005
Mailing Address: 6201 15TH AVENUE, BROOKLYN, NY 11219
 
ASTORIA CAPITAL MARKETS, INC.
30-08 36TH STREET, LONG ISLAND CITY, NY 11103
 
ATLANTIC STATE PARTNERS, LLC
7 AVON ROAD, LARCHMONT, NY 10538-1420
 
ATLAS STRATEGIC ADVISORS, LLC
140 EAST 45TH STREET, NEW YORK, NY 10017
 
ATM USA, LLC
39 BROADWAY, SUITE 3300, NEW YORK, NY 10006
 
AUERBACH GRAYSON & COMPANY LLC
25W 45TH STREET SUITE 16, NEW YORK, NY 10036
Mailing Address: 25W 45TH STREET SUITE 16, NEW YORK, NY 10036
 
AUFHAUSER SECURITIES, INC.
112 WEST 56TH STREET, NEW YORK, NY 10019-3841
 
AURIGA USA, LLC
546 5TH AVENUE, 9TH FLOOR, NEW YORK, NY 10036-5000
 
AURORA CAPITAL LLC
17 PARK AVENUE, #201, NEW YORK, NY 10016
 
AUTOMATED EQUITY FINANCE MARKETS, INC.
529 5TH AVENUE, 14TH FL., NEW YORK, NY 10017
 
AVALON SECURITIES, LTD.
1375 BROADWAY, NEW YORK, NY 10018
Mailing Address: 1375 BRODWAY, NEW YORK, NY 10018
 
AVATAR CAPITAL GROUP LLC
7 WORLD TRADE CENTER, 32ND FLOOR, NEW YORK, NY 10007
 
AVENDUS CAPITAL, INC.
100 PARK AVENUE, 16TH FLOOR, NEW YORK, NY 10017
 
AVILA CAPITAL MARKETS, INC.
150 EAST 52ND STREET, SUITE 32002, NEW YORK, NY 10022
 
AXA ADVISORS, LLC
1290 AVENUE OF THE AMERICAS, NEW YORK, NY 10104
Mailing Address: 1290 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK, NY 10104
 
AXA DISTRIBUTORS, LLC
1290 AVENUE OF THE AMERICAS, NEW YORK, NY 10104
Mailing Address: 1290 AVENUE OF THE AMERICAS, 11TH FLOOR, NEW YORK, NY 10104
 
AXIOM CAPITAL MANAGEMENT, INC.
780 THIRD AVENUE, 43RD FLOOR, NEW YORK, NY 10017-2024
 
AXIS THOUGHT CAPITAL, LLC
708 THIRD AVENUE, SUITE 500, NEW YORK, NY 10017
 
BALLISTA SECURITIES, LLC
875 THIRD AVENUE, 29TH FLOOR, NEW YORK, NY 10022
 
BANC OF AMERICA SPECIALIST, INC.
14 WALL STREET, 21ST FLOOR, NEW YORK, NY 10005
 
BANCA IMI SECURITIES CORP.
1 WILLIAM STREET, NEW YORK, NY 10004
 
BANCO DO BRASIL SECURITIES LLC
535 MADISON AVENUE, 34TH FLOOR, NEW YORK, NY 10022
 
BANCO VOTORANTIM SECURITIES, INC.
126 EAST 56TH STREET, 9TH FLOOR, SUITE 920, NEW YORK, NY 10022-3613
 
BANESTO SECURITIES, INC.
730 FIFTH AVENUE, SUITE 701, NEW YORK, NY 10019
 
BANNOCKBURN PARTNERS, LLC
30 BROAD STREET  35TH FLOOR, NEW YORK, NY 10004
Mailing Address: C/O FRANZESE 9 SHIRRA AVE, STATEN ISLAND, NY 10314
 
BANORTE-IXE SECURITIES INTERNATIONAL, LTD.
540 MADISON AVENUE, 36TH FLOOR, NEW YORK, NY 10022
 
BARCLAY INVESTMENTS, INC.
254 WEST 54TH STREET, 16TH FLOOR, NEW YORK, NY 10019
 
BARCLAYS CAPITAL INC.
745 7TH AVENUE, NEW YORK, NY 10019
 
BARNETT & PARTNERS ADVISORS, LLC
1350 AVENUE OF THE AMERICAS, SUITE 2900, NEW YORK, NY 10019
 
BARON CAPITAL, INC.
767 FIFTH AVENUE, 49TH FLOOR, NEW YORK, NY 10153
 
BARRETT SECURITIES INC.
777 THIRD AVENUE, 17TH FLOOR, NEW YORK, NY 10017
 
BASIC CAPITAL ADVISORS, LLC
120 W 15TH STREET, #3-L, NEW YORK, NY 10011
 
BAY CREST PARTNERS, LLC
40 WALL STREET, 45TH FLOOR, NEW YORK, NY 10005
 
BBVA SECURITIES INC.
1345 AVENUE OF THE AMERICAS 45TH FLOOR, NEW YORK, NY 10105-0302
Mailing Address: 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK, NY 10105-0302
 
BCMS CAPITAL ADVISORS LLC
30 BROAD ST., 29TH FLOOR, NEW YORK, NY 10004
Mailing Address: 30 BROAD ST., 29TH FLOOR, NEW YORK, NY 10004
 
BCS PLACEMENTS, LLC
71 MURRAY STREET, NO. 8, NEW YORK, NY 10007
 
BEDROK SECURITIES LLC
555 THEODORE FREMD AVENUE, C-301, RYE, NY 10580
 
BEECH HILL SECURITIES, INC.
880 3RD AVENUE 16TH FLOOR, NEW YORK, NY 10022-4730
 
BEEKMAN SECURITIES, INC.
750 THIRD AVENUE, NEW YORK, NY 10017
 
BEIGE GROUP, LLC
5 PENN PLAZA, NEW YORK, NY 10001
 
BELLE HAVEN INVESTMENTS, L.P.
1133 WESTCHESTER AVE., SUITE 221, WHITE PLAINS, NY 10604
 
BELMONT CAPITAL
115 EAST 57TH STREET, NEW YORK, NY 10022

BENDIGO SECURITIES, LLC
241 CENTRE STREET, 6TH FLOOR, SUITE 7, NEW YORK, NY 10013

BENEDETTO, GARTLAND & COMPANY, INC.
1180 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK, NY 10036

BENJAMIN & JEROLD BROKERAGE I, LLC
55 BROAD STREET, 28 FLOOR, NEW YORK, NY 10004
Mailing Address: 55 BROAD STREET, 28TH FLOOR, NEW YORK, NY 10004

BENJAMIN SECURITIES, INC.
378 SOUTH OYSTER BAY ROAD, HICKSVILLE, NY 11801-3509

BENTLEY SECURITIES CORPORATION
360 LEXINGTON AVENUE, 3RD FLOOR, NEW YORK, NY 10017
Mailing Address: 360 LEXINGTON AVENUE, 3RD FLOOR, NEW YORK, NY 10017

BERCHWOOD PARTNERS LLC
717 FIFTH AVENUE, 14TH FLOOR, NEW YORK, NY 10022

BERENSON & COMPANY, LLC
667 MADISON AVENUE- 4TH FLOOR, 667 MADISON AVENUE, NEW YORK, NY 10021
Mailing Address: 667 MADISON AVENUE-4TH FLOOR, NEW YORK, NY 10021

BERKSHIRE CAPITAL SECURITIES LLC
535 MADISON AVENUE, 19TH FLOOR, NEW YORK, NY 10022-4212
Mailing Address: 535 MADISON AVENUE, 19TH FLOOR, NEW YORK, NY 10022-4212

BERNARD HEROLD & CO., INC.
805 3RD AVENUE, NEW YORK, NY 10022-7513
Mailing Address: 805 3RD AVENUE, 18TH FLOOR, NEW YORK, NY 10022-7513

BESSEMER INVESTOR SERVICES, INC.
630 FIFTH AVENUE - 37TH FLOOR, NEW YORK, NY 10111-0333

BETTERMENT SECURITIES
70 E. 55TH STREET, 17 FLOOR, NEW YORK, NY 10022

BEXIL SECURITIES LLC
11 HANOVER SQUARE, NEW YORK, NY 10005

BGC FINANCIAL, L.P.
ONE SEAPORT PLAZA, 19TH FLOOR, NEW YORK, NY 10038

BIDS TRADING L.P.
111 BROADWAY, SUITE 1603, NEW YORK, NY 10006

BISHOP, ROSEN & CO., INC.
100 BROADWAY, NEW YORK, NY 10005

BISMARCK CAPITAL, LLC
745 FIFTH AVENUE, 31ST FLOOR, NEW YORK, NY 10151

BLACKBOOK CAPITAL LLC
420 LEXINGTON AVENUE, SUITE 2525, NEW YORK, NY 10170

BLACKROCK CAPITAL MARKETS, LLC
55 EAST 52ND STREET, NEW YORK, NY 10055
Mailing Address: 55 EAST 52ND STREET, NEW YORK, NY 10055

BLACKROCK INVESTMENTS, LLC
55 EAST 52ND STREET, NEW YORK, NY 10055
Mailing Address: 40 EAST 52ND STREET, NEW YORK, NY 10022

BLACKSTONE ADVISORY PARTNERS L.P.
345 PARK AVENUE, NEW YORK, NY 10154-0191

BLAYLOCK ROBERT VAN, LLC
600 LEXINGTON AVENUE, 3RD FLOOR, NEW YORK, NY 10022
Mailing Address: 600 LEXINGTON AVENUE, 3RD FLOOR, NEW YORK, NY 10022

BLOCK ORDERS EXECUTION, LLC
450 SEVENTH AVENUE, 25TH FLOOR, NEW YORK, NY 10123

BLOOMBERG TRADEBOOK LLC
731 LEXINGTON AVENUE, NEW YORK, NY 10022

BLUE CAPITAL SECURITIES, INC.
29 BROADWAY, SUITE 1508, NEW YORK, NY 10006

BLUE POINT SECURITIES INC.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET - SUITE 1704, NEW YORK, NY 10005

BLUE VASE SECURITIES, LLC
8 LIVINGSTON STREET, SUITE 10, RHINEBECK, NY 12572

BMO CAPITAL MARKETS CORP.
3 TIMES SQUARE, NEW YORK, NY 10036

BMO NESBITT BURNS TRADING CORP. S.A.
3 TIMES SQUARE, NEW YORK, NY 10036
BNY CONVERGEX EXECUTION SOLUTIONS LLC
1633 BROADWAY, 48TH FLOOR, NEW YORK, NY 10019

BNY MELLON CAPITAL MARKETS, LLC
32 OLD SLIP, 15TH FLOOR, NEW YORK, NY 10286

BOC INTERNATIONAL (USA) INC.
1270 AVE. OF THE AMERICAS - RM. 202, NEW YORK, NY 10020
Mailing Address: 1270 AVE. OF THE AMERICAS- RM 202, NEW YORK, NY 10020

BODELL OVERCASH ANDERSON & CO., INC.
FENTON BUILDING, SUITE 200, JAMESTOWN, NY 14701
Mailing Address: FENTON BUILDING, SUITE 200, PO BOX 1237, JAMESTOWN, NY 14702-1237

BOHICA SECURITIES LLC
39 BROADWAY, SUITE 3300, NEW YORK, NY 10006

BONDDESK TRADING LLC
777 THIRD AVE., FLOOR 14, NEW YORK, NY 10017

BONDS.COM, INC.
529 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10017

BOUCHEY & ASSOCIATES, INC.
19 KEMPTON PL. - APT. 8, SARATOGA SPRINGS, NY 12866
Mailing Address: 19 KEMPTON PL. - APT. 8, SARATOGA SPRINGS, NY 12866

BOWERS SECURITIES INC.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET - SUITE 1704, NEW YORK, NY 10005

BOWNE PARK CAPITAL, INC.
170-06 CROCHERON AVENUE, 3F, FLUSHING, NY 11358-2265

BRADESCO SECURITIES, INC.
450 PARK AVENUE, 32ND FLOOR, NEW YORK, NY 10022

BRADLEY WOODS & CO. LTD.
805 THIRD AVE, 18TH FL., NEW YORK, NY 10022

BRANT POINT CAPITAL, LLC
712 FIFTH AVE., 45TH FL., NEW YORK, NY 10019
Mailing Address: 712 FIFTH AVE., 45TH FLOOR, NEW YORK, NY 10019

BRAVER STERN SECURITIES LLC
725 FIFTH AVENUE, 22ND FLOOR, NEW YORK, NY 10022

BREAN MURRAY, CARRET & CO., LLC.
570 LEXINGTON AVENUE, 11TH FLOOR, NEW YORK, NY 10022

BREN VENTURES LLC
590 MADISON AVENUE, 26TH FLOOR, NEW YORK, NY 10022

BRENDAN E. CRYAN AND COMPANY, L.L.C.
2 RECTOR STREET, 15TH FLOOR, NEW YORK, NY 10006

BREVAN HOWARD US LLC
590 MADISON AVENUE, FIFTH FLOOR, NEW YORK, NY 10022
Mailing Address: 590 MADISON AVENUE, NINTH FLOOR, NEW YORK, NY 10022

BRIGHTON SECURITIES CORP.
1703 MONROE AVENUE, ROCHESTER, NY 14618-1487

BRILL SECURITIES, INC.
152 W 57TH STREET, 16TH FLOOR, NEW YORK, NY 10019

BRIMBERG & CO.
666 5TH AVENUE, 15TH FLOOR, NEW YORK, NY 10103

BRINSON PATRICK SECURITIES CORPORATION
1515 BROADWAY, 11TH FLOOR, NEW YORK, NY 10036

BRISTOL FINANCIAL SERVICES, INC
255 EXECUTIVE DRIVE, SUITE 209, PLAINVIEW, NY 11803

BRISTOL INVESTMENT GROUP, INC.
110 EAST 59TH STREET, 22TH FL., NEW YORK, NY 10022

BRITTANY CAPITAL GROUP, INC.
666 FIFTH AVENUE, 26TH FLOOR, NEW YORK, NY 10103

BROADBAND CAPITAL MANAGEMENT, LLC
712 FIFTH AVENUE, 22ND FLOOR, NEW YORK, NY 10019

BROADWAY DIRECT INVESTMENTS, LLC
ONE PENN PLAZA, SUITE 4615, NEW YORK, NY 10119

BROCK SECURITIES LLC
622 THIRD AVENUE, FLOOR 12, NEW YORK, NY 10017

BROKERAGESELECT
364 WEST 117TH STREET, SUITE 5A, NEW YORK, NY 10026

BROOKFIELD PRIVATE ADVISORS LLC
3 WORLD FINANCIAL CENTER, 200 VESEY STREET, 11TH FLOOR, NEW YORK, NY 10281-1021

BROOKS, HOUGHTON SECURITIES, INC.
444 MADISON AVENUE, 25TH FLOOR, NEW YORK, NY 10022

BROOKVILLE CAPITAL PARTNERS
384 RXR PLAZA, UNIONDALE, NY 11556

BROWN BROTHERS HARRIMAN & CO.
140 BROADWAY, NEW YORK, NY 10005

BROWNSTONE INVESTMENT GROUP, LLC
655 THIRD AVENUE, 23RD FLOOR, NEW YORK, NY 10017

BRUDERMAN BROTHERS, INC.
64 BIRCH HILL RD, LOCUST VALLEY, NY 11560

BRYAN GARNIER SECURITIES, LLC
16TH FLOOR, 750 LEXINGTON AVENUE, NEW YORK, NY 10022

BRYANT PARK CAPITAL, INC.
489 FIFTH AVENUE, 27TH FLOOR, NEW YORK, NY 10017

BSG MARKETS LLC
712 FIFTH AVENUE, NEW YORK, NY 10019

BTG PACTUAL US CAPITAL CORP.
601 LEXINGTON AVENUE, 57TH FLOOR, NEW YORK, NY 10022-6831
Mailing Address: 601 LEXINGTON AVENUE, NEW YORK, NY 10022-6831

BTMU SECURITIES, INC.
1251 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK, NY 10020

BUCK KWASHA SECURITIES LLC
245 PARK AVENUE, 23RD FLOOR, NEW YORK, NY 10167-0002

BUCKRAM SECURITIES LTD
21 CEDAR SWAMP ROAD, SUITE 4, GLEN COVE, NY 11542

BULLARO SECURITIES CORP.
25-19 STEINWAY STREET, ASTORIA, NY 11103

BURKE & QUICK PARTNERS LLC
333 EARLE OVINGTON BLVD, SUITE 230, UNIONDALE, NY 11553

BURNHAM HILL PARTNERS LLC
C/O DAVID MACK, 501 MADISON AVENUE, SUITE 501, NEW YORK, NY 10022

BURNHAM SECURITIES INC.
1325 AVENUE OF THE AMERICAS, 26TH FLOOR, NEW YORK, NY 10019
Mailing Address: 1325 AVENUE OF THE AMERICAS, 26TH FLOOR, NEW YORK, NY 10019

C. E. GAYE & SONS SECURITIES LTD.
75 JACKSON AVE., STE. 206, SYOSSET, NY 11791-3124

C. L. KING & ASSOCIATES, INC.
NINE ELK STREET, ALBANY, NY 12207

CAHN CAPITAL CORP.
820 SECOND AVENUE, NEW YORK, NY 10017

CAIN BROTHERS & COMPANY, LLC
360 MADISON AVENUE, 5TH FLOOR, NEW YORK, NY 10017

CAIS CAPITAL LLC
590 MADISON AVENUE, 27TH FLOOR, NEW YORK, NY 10022

CAMBRIDGE INTERNATIONAL PARTNERS INC.
780 THIRD AVENUE - 7TH FLOOR, NEW YORK, NY 10017-2024

CAMBRIDGE INTERNATIONAL SECURITIES, INC.
CAMPBELL LUTYENS & CO. INC.
1270 AVENUE OF THE AMERICAS, 29TH FLOOR, NEW YORK, NY 10020

CANTOR FITZGERALD & CO.
110 EAST 59TH STREET, 4TH FLOOR, NEW YORK, NY 10022

CAPITAL ASSET ADVISORS, INC.
1029 FRIENDLY ROAD, OYSTER BAY, NY 11771

CAPITAL DYNAMICS BROKER DEALER LLC
645 MADISON AVENUE, 19TH FLOOR, NEW YORK, NY 10022

CAPITAL GROWTH SECURITIES LLC
1212 AVENUE OF THE AMERICAS, SUITE 1601, NEW YORK, NY 10036
Mailing Address: PO BOX 5117, NEW YORK, NY 10185

CAPITAL HILL GROUP, INC.
5 TUDOR CITY PLACE, APT. 1315, NEW YORK, NY 10017

CAPITAL ONE INVESTMENT SERVICES LLC
265 BROAD HOLLOW ROAD, MELVILLE, NY 11747

CAPITAL PATH SECURITIES, LLC
1533 ROCKY POINT ROAD, MIDDLE ISLAND, NY 11953

CAREY FINANCIAL, LLC
50 ROCKEFELLER PLAZA, 2ND FLOOR, NEW YORK, NY 10020

CARL MARKS SECURITIES, LLC
900 THIRD AVENUE, 33RD FLOOR, NEW YORK, NY 10022
Mailing Address: 900 THIRD AVENUE, 33RD FLOOR, NEW YORK, NY 10022

CARNEGIE, INC.
20 WEST 55TH STREET, NEW YORK, NY 10019-5373

CARR SECURITIES CORPORATION
14 VANDERVENTER AVENUE, SUITE 210, PORT WASHINGTON, NY 11050
Mailing Address: 14 VANDERVENTER AVENUE, PORT WASHINGTON, NY 11050

CARTHAGE GROUP INC.
196 EAST MAIN STREET, HUNTINGTON, NY 11743
Mailing Address: P.O. BOX 523, HUNTINGTON, NY 11743

CARTY & COMPANY, INC.
6263 POPLAR AVENUE, SUITE 800, MEMPHIS, TN 38119
Mailing Address: P.O. BOX 17527, MEMPHIS, TN 38187-0527

CARVER CROSS SECURITIES CORP.
152 PONDFIELD ROAD, BRONXVILLE, NY 10708
Mailing Address: P.O. BOX 223, BRONXVILLE, NY 10708

CASIMIR CAPITAL L.P.
546 FIFTH AVENUE, 5TH FLOOR, NEW YORK, NY 10036

CASTLEOAK SECURITIES, LP
110 EAST 59 STREET, 2ND FLOOR, NEW YORK, NY 10022
Mailing Address: 110 EAST 59TH STREET, NEW YORK, NY 10022

CATHAY SECURITIES, INC.
202 CANAL ST, SUITE 403, NEW YORK, NY 10013

CC SECURITIES, LLC
130 WEST 42ND STREET, SUITE 1050, NEW YORK, NY 10036

CDK FINANCIAL SERVICES, LLC
405 PARK AVENUE, 11TH FLOOR, NEW YORK, NY 10022
Mailing Address: 405 PARK AVENUE, 11TH FLOOR, NEW YORK, NY 10022

CENTENIUM ADVISORS, LLC
420 LEXINGTON AVENUE, SUITE 2216, NEW YORK, NY 10170

CENTERBOARD SECURITIES, LLC
140 WEST 57TH STREET, 11TH FLOOR, NEW YORK, NY 10019

CENTERVIEW PARTNERS LLC
31 WEST 52ND STREET, 22ND FLOOR, NEW YORK, NY 10019

CENTRADE SECURITIES CORP.
65 HA'ORZIM STREET, #26, NETANYA, 42237 ISRAEL
Mailing Address: C/O BUTTONWOOD BUSINESS SOLUTIONS LLC, 61 BROADWAY - SUITE 1915, NEW YORK, NY 10006

CENTRUM SECURITIES LLC
18 E. 48TH STREET, 11TH FLOOR SUITE 1106, NEW YORK, NY 10017

CERT DIRECT SECURITIES INC.
37 WEST 39 ST  SUITE 903, NEW YORK, NY 10018
Mailing Address: 37 WEST 39 ST SUITE 903, NEW YORK, NY 10018

CF GLOBAL TRADING, LLC
527 MADISON AVENUE, 18TH FLOOR, NEW YORK, NY 10022

CG COMPASS (USA) LLC
135 EAST 57TH STREET, 30TH FLOOR, NEW YORK, NY 10022

CHANNEL CAPITAL GROUP LLC
135 E 57TH STREET, 9TH FLOOR, NEW YORK, NY 10022
Mailing Address: 135 EAST 57TH STREET, 9TH FLOOR, NEW YORK, NY 10022

CHAPDELAINE & CO.
1 SEAPORT PLAZA 199 WATER STREET, NEW YORK, NY 10038

CHARDAN CAPITAL MARKETS LLC
17 STATE STREET, SUITE 1600, NEW YORK, NY 10004

CHARLES JORDAN & CO., LLC
805 3RD AVENUE, 18TH FLOOR, NEW YORK, NY 10022

CHARLES MORGAN SECURITIES, INC.
120 WALL STREET, 16TH FLOOR, NEW YORK, NY 10005

CHARLES VISTA LLC
100 WILLIAM STREET, SUITE 1820, NEW YORK, NY 10038

CHART GROUP ADVISORS, LLC
75 ROCKEFELLER PLAZA, 14TH FLOOR, NEW YORK, NY 10019

CHARTWELL ADVISORS, LLC
888 SEVENTH AVENUE-40TH FLOOR, NEW YORK, NY 10019

CHELSEA FINANCIAL SERVICES
242 MAIN STREET, STATEN ISLAND, NY 10307

CHESTER HARRIS & COMPANY, INCORPORATED
222 MAMARONECK AVENUE, WHITE PLAINS, NY 10605-1316
Mailing Address: P.O. BOX 668, WHITE PLAINS, NY 10602

CHURCHILL CAPITAL USA, INC.
1270 AVENUE OF THE AMERICAS, SUITE 1910, NEW YORK, NY 10020-1700

CIBC WORLD MARKETS CORP.
425 LEXINGTON AVENUE, NEW YORK, NY 10017

CICC US SECURITIES, INC.
350 PARK AVENUE, 28TH FLOOR, NEW YORK, NY 10022

CICERONE SECURITIES, LLC
150 EAST 52ND STREET, 22ND FLOOR, NEW YORK, NY 10022

CIMB SECURITIES (USA), INC.
540 MADISON AVENUE, 11TH FLOOR, NEW YORK, NY 10022

CIRRUS RESEARCH, LLC
303 SOUTH BROADWAY, SUITE 212, TARRYTOWN, NY 10591

CIT CAPITAL SECURITIES LLC
11 WEST 42ND STREET, 7TH FLOOR, NEW YORK, NY 10036

CITATION FINANCIAL GROUP, L.P.
120 BROADWAY, 17TH FLOOR, NEW YORK, NY 10271
Mailing Address: 120 BROADWAY, NEW YORK, NY 10271

CITICORP SECURITIES SERVICES, INC.
390 - 388 GREENWICH STREET, 388 GREENWICH STREET, NEW YORK, NY 10013
Mailing Address: REGISTRATION DEPARTMENT, ONE COURT SQUARE - 19TH FLOOR, LONG ISLAND CITY, NY 11120

CITIGROUP GLOBAL MARKETS INC.
390 - 388 GREENWICH STREET, NEW YORK, NY 10013-2396
Mailing Address: REGISTRATION DEPARTMENT, ONE COURT SQUARE 19TH FLOOR, LONG ISLAND CITY, NY 11120

CJS SECURITIES, INC.
50 MAIN STREET, SUITE 325, WHITE PLAINS, NY 10606

CLANCY FINANCIAL SERVICES, INC.
40 WALL STREET, 30TH FLOOR, NEW YORK, NY 10005
Mailing Address: 40 WALL STREET, 38TH FLOOR, NEW YORK, NY 10005

CLARK DODGE & CO., INC.
2 GANNETT DRIVE, SUITE 410, WHITE PLAINS, NY 10604
Mailing Address: 2 GANNETT DRIVE, SUITE 410, WHITE PLAINS, NY 10604

CLARKESON RESEARCH INC.
19 TOWNSEND SQUARE, OYSTER BAY, NY 11771

CLARKSON CAPITAL MARKETS
745 FIFTH AVENUE, SUITE 1602, NEW YORK, NY 10151
Mailing Address: 745 FIFTH AVENUE, NEW YORK, NY 10151

CLAYTON LOWELL, & CONGER INC
2123 MAIN STREET, PO BOX 459, NEW WOODSTOCK, NY 13122
Mailing Address: 2123 MAIN STREET, PO BOX 459, NEW WOODSTOCK, NY 13122

CLEARVIEW TRADING ADVISORS, INC.
114 WEST 47TH ST,, SUITE 1712, NEW YORK, NY 10036

CMA PARTNERS, LLC
405 LEXINGTON AVENUE, 26TH FLOOR, NEW YORK, NY 10174

COGENT ALTERNATIVE STRATEGIES, INC.
626 RXR PLAZA, UNIONDALE, NY 11556

COHEN & COMPANY CAPITAL MARKETS, LLC
1633 BROADWAY, 28TH FLOOR, NEW YORK, NY 10019

COHEN & STEERS SECURITIES, LLC
280 PARK AVENUE, 10TH FLOOR, NEW YORK, NY 10017

COHEN CAPITAL GROUP, LLC
2 RECTOR STREET, 15TH FLOOR, NEW YORK, NY 10006
Mailing Address: 2 RECTOR STREET, 15TH FLOOR, NEW YORK, NY 10006

COLLINS STEWART LLC.
350 MADISON AVENUE, NEW YORK, NY 10017

COLONIAL SECURITIES, INC.
41 ELIZABETH STREET, SUITE 502, NEW YORK, NY 10013

COLTIN SECURITIES, LLC
415 MADISON AVENUE 14TH FLOOR, SUITE 1413, NEW YORK, NY 10017

COMMERCE ONE FINANCIAL INC.
515 RXR PLAZA, UNIONDALE, NY 11556

COMMERZ MARKETS LLC
2 WORLD FINANCIAL CENTER, NEW YORK, NY 10281

COMMONWEALTH ASSOCIATES
830 THIRD AVENUE, 8TH FLOOR, NEW YORK, NY 10022

COMMONWEALTH AUSTRALIA SECURITIES LLC
599 LEXINGTON AVENUE, 17TH FL, NEW YORK, NY 10022

CONDOR SECURITIES, INC.
590 MADISON AVE., 18TH FLOOR, NEW YORK, NY 10022

CONSTELLATION WEALTH ADVISORS LLC
505 FIFTH AVE, 19TH FLOOR, NEW YORK, NY 10017

COOMBE FINANCIAL SERVICES, INC.
6872 ROUTE 209, WAWARSING, NY 12489

CORINTHIAN PARTNERS, L.L.C.
10 EAST 53RD STREET, 28TH FLOOR, NEW YORK, NY 10022

CORPORATE FUEL SECURITIES LLC
119 FIFTH AVENUE, 7TH FLOOR, NEW YORK, NY 10003

COVIEW CAPITAL, INC.
780 THIRD AVENUE, SUITE 3104, NEW YORK, NY 10017

COWEN AND COMPANY
599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK, NY 10022

COWEN CAPITAL LLC
599 LEXINGTON AVE, 21 FLOOR, NEW YORK, NY 10022

CPIBD LLC
825 THIRD AVENUE, 32ND FLOOR, NEW YORK, NY 10022

CQ SOLUTIONS, LLC
400 KING ST., CHAPPAQUA, NY 10514

CREDIT AGRICOLE CHEUVREUX NORTH AMERICA, INC.
1301 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK, NY 10019

CREDIT AGRICOLE SECURITIES (USA) INC.
1301 AVENUE OF THE AMERICAS - 15TH FLOOR, NEW YORK, NY 10019

CREDIT SUISSE ASSET MANAGEMENT SECURITIES, INC.
11 MADISON AVENUE, NEW YORK, NY 10010-3629
Mailing Address: 1 MADISON AVENUE, NEW YORK, NY 10010-3629

CREDIT SUISSE PRIME SECURITIES SERVICES (USA) LLC
11 MADISON AVENUE, NEW YORK, NY 10010-3629
Mailing Address: ONE MADISON AVENUE, NEW YORK, NY 10010-3629

CREDIT SUISSE SECURITIES (USA) LLC
11 MADISON AVENUE, NEW YORK, NY 10010
Mailing Address: 1 MADISON AVENUE, 9TH FLOOR, NEW YORK, NY 10010

CREDITEX SECURITIES CORPORATION
875 THIRD AVENUE, 29TH FLOOR, NEW YORK, NY 10022

CROSS BORDER PRIVATE CAPITAL, L.L.C.
445 PARK AVENUE, 9TH FLOOR, NEW YORK, NY 10022

CROSSBOW INVESTMENTS L.L.C
1430 BROADWAY, SUITE 901, NEW YORK, NY 10018

CRUCIBLE CAPITAL GROUP, INC.
27 WHITEHALL STREET, 5TH FLOOR, NEW YORK, NY 10004

CSCA CAPITAL ADVISORS, LLC
280 PARK AVE, 10TH FLOOR, NEW YORK, NY 10017

CTL SECURITIES LLC
500 FIFTH AVE, SUITE 4830, NEW YORK, NY 10110

CUE CAPITAL LIMITED PARTNERSHIP
800 FIFTH AVENUE, 18TH FLOOR, NEW YORK, NY 10065

CURRAN ADVISORY SERVICES
30 SOUTH PEARL STREET, 9TH FLOOR, ALBANY, NY 12207

CUSHMAN & WAKEFIELD SECURITIES, INC.
1290 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK, NY 10104

CUTTONE & CO., INC.
111 BROADWAY 10TH FLOOR, NEW YORK, NY 10006

CUTWATER ASSET MANAGEMENT
113 KING STREET, ARMONK, NY 10504-1610

CYAN CAPITAL MARKETS LLC
399 PARK AVENUE, 39TH FLOOR, NEW YORK, NY 10022
Mailing Address: 399 PARK AVENUE, 39TH FLOOR, NEW YORK, NY 10022

CYPRESS ASSOCIATES
52 VANDERBILT AVENUE, SUITE 902, NEW YORK, NY 10017

D. WECKSTEIN & CO., INC.
230 PARK AVENUE, SUITE 1516, NEW YORK, NY 10169
Mailing Address: 230 PARK AVE-STE. 1516, NEW YORK, NY 10169

D.E. SHAW SECURITIES, L.L.C.
1166 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK, NY 10036

D/B/A ATWOOD CAPITAL PARTNERS
515 MADISON AVENUE, 35TH FLOOR, NEW YORK, NY 10022

DABBAH SECURITIES CORP.
6 EAST 46TH STREET, SUITE 300, NEW YORK, NY 10017

DAEWOO SECURITIES (AMERICA) INC.
600 LEXINGTON AVENUE, SUITE 301, NEW YORK, NY 10022

DAG SECURITIES INC.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10006

DAHLMAN ROSE & COMPANY, LLC
1301 6TH AVENUE, 44TH FLOOR, NEW YORK, NY 10019

DAIWA CAPITAL MARKETS AMERICA INC.
FINANCIAL SQUARE, 32 OLD SLIP, NEW YORK, NY 10005-3538

DALMORE GROUP LLC
525 GREEN PLACE, WOODMERE, NY 11598

DANSKE MARKETS INC
280 PARK AVENUE, 35TH FLOOR, NEW YORK, NY 10017

DAROTH CAPITAL ADVISORS LLC
130 EAST 59TH ST., 12TH FLOOR, NEW YORK, NY 10022

DAVID HARRIS & CO., INC.
222 MAMARONECK AVENUE, WHITE PLAINS, NY 10605
Mailing Address: P.O. BOX 668, WHITE PLAINS, NY 10602

DAVID LERNER ASSOCIATES, INC.
477 JERICHO TPKE, P.O.BOX 9006, SYOSSET, NY 11791-9006

DAVIS SECURITIES LLC
475 PARK AVENUE SOUTH, 29TH FLOOR, NEW YORK, NY 10016

DAWNTREADER CAPITAL LLC
1270 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK, NY 10020

DBS VICKERS SECURITIES (USA) INC.
777 THIRD AVE, SUITE 26A, NEW YORK, NY 10017
Mailing Address: 777 THIRD AVENUE, SUITE 26A, NEW YORK, NY 10017

DE GUARDIOLA ADVISORS, INC.
885 3RD AVENUE, 31ST FLOOR, SUITE 3180, NEW YORK, NY 10022

DEER ISLE CAPITAL, LLC
75 ROCKEFELLER PLAZA, 19TH FLOOR, SUITE 1903, NEW YORK, NY 10019

DEMATTEO MONNESS LLC
780 THIRD AVENUE (45TH FLOOR), NEW YORK, NY 10017

DENTE & BOMBA, LLC
11 WALL STREET, NEW YORK, NY 10005
Mailing Address: 132 GRYMES HILL ROAD, STATEN ISLAND, NY 10301

DERMOTT W. CLANCY CORP.
C/O LAW OFFICE OF DONNA H. CLANCY, 40 WALL STREET, 30TH FLOOR, NEW YORK, NY 10005

DESILVA & PHILLIPS CORPORATE FINANCE LLC
475 PARK AVENUE SOUTH, NEW YORK, NY 10016

DEUTSCHE BANK SECURITIES INC.
60 WALL STREET, NEW YORK, NY 10005
Mailing Address: 60 WALL STREET, NYC60-3710, NEW YORK, NY 10005

DEXIA SECURITIES USA LLC
445 PARK AVE., NEW YORK, NY 10022

DIMENSION SECURITIES, LLC
100 FIFTH AVENUE, 7TH FLOOR, NEW YORK, NY 10011

DINOSAUR SECURITIES, L.L.C.
404 PARK AVE SOUTH, NEW YORK, NY 10016
Mailing Address: 404 PARK AVENUE SOUTH, NEW YORK, NY 10016

DIRECT ACCESS PARTNERS LLC
DIRECT ACCESS PARTNERS, LLC, 40 WALL STREET, 42ND FLOOR, NEW YORK, NY 10005
Mailing Address: DIRECT ACCESS PARTNERS,LLC, 40 WALL STREET, 42ND FLOOR, NEW YORK, NY 10005

DIVERSIFIED INVESTORS SECURITIES CORP.
440 MAMARONECK AVENUE, HARRISON, NY 10528

DIVERSITY INVESTMENT CORP.
1325 SIXTH AVENUE, 28TH FLOOR, NEW YORK, NY 10019

DIVINE CAPITAL MARKETS LLC
39 BROADWAY, 36TH FLOOR, NEW YORK, NY 10006

DME SECURITIES, LLC
C/O MAC CONSULTING GROUP INC, 44 WALL STREET - 20TH FLOOR, NEW YORK, NY 10005

DNB NOR MARKETS, INC.
200 PARK AVENUE, NEW YORK, NY 10166-0396

DOFT & CO., INC.
55 EAST 59TH STREET, 12TH FLOOR, NEW YORK, NY 10022

DOME SECURITIES CORP.
405 PARK AVENUE, SUITE 500, NEW YORK, NY 10022-4405

DOMINICK & DOMINICK LLC
150 EAST 52ND STREET, NEW YORK, NY 10022
Mailing Address: 150 EAST 52 STREET, 3RD FLOOR, NEW YORK CITY, NY 10022

DOUGLAS & CO. MUNICIPALS, INC.
14 EAST 60TH ST., NEW YORK, NY 10022

DOUGLAS FINANCIAL LLC
515 MADISON AVENUE, 24TH FLOOR, NEW YORK, NY 10022

DOYLE, INC.
C/O MAC CONSULTING GROUP INC., 44 WALL STREET, 20TH FL., NEW YORK, NY 10005

DPEC CAPITAL, INC.
135 FIFTH AVE. 10TH FLOOR, NEW YORK, NY 10010

DSIL INVESTMENT SERVICES LLC
532 BROADWAY, 9TH FLOOR, NEW YORK, NY 10012-3939

DSRM BROKERAGE, LLC
501 MADISON AVENUE, SUITE 501, NEW YORK, NY 10022

DU PASQUIER & CO., INC.
ONE BATTERY PARK PLAZA, NEW YORK, NY 10004

DVB CAPITAL MARKETS LLC
609 FIFTH AVENUE, 5TH FLOOR, NEW YORK, NY 10017

DWS INVESTMENTS DISTRIBUTORS, INC
222 SOUTH RIVERSIDE PLAZA, CHICAGO, IL 60606-5808
Mailing Address: 60 WALL STREET, 23RD FLOOR, NEW YORK, NY 10005

DYNAMEX TRADING, LLC
2 RECTOR STREET, SUITE 1103, NEW YORK, NY 10006

DZ FINANCIAL MARKETS LLC
609 FIFTH AVENUE, NEW YORK, NY 10017
Mailing Address: 609 FIFTH AVE, NEW YORK, NY 10017

E&J SECURITIES CORP.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10005
Mailing Address: C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10005

E*TRADE SECURITIES LLC
1271 AVENUE OF THE AMERICAS, 14TH FLOOR, NEW YORK, NY 10020

E. H. SMITH JACOBS & CO., INC.
30 BROAD STREET, 20TH FLOOR, NEW YORK, NY 10004

E. MAGNUS OPPENHEIM & CO. INC.
14 EAST 38TH STREET / 7TH FLOOR, NEW YORK, NY 10016-0005

E.K. WALLACE SECURITIES LLC
270 LAFAYETTE ST. SUITE 1204, NEW YORK, NY 10012

E1 ASSET MANAGEMENT, INC.
44 WALL STREET, 9TH FLOOR, NEW YORK, NY 10005

EA MARKETS SECURITIES LLC
120 W 45TH ST., 30TH FLOOR, NEW YORK, NY 10036

EARLYBIRDCAPITAL, INC.
ONE HUNTINGTON QUADRANGLE, SUITE 4C18, MELVILLE, NY 11747

EAST SHORE PARTNERS, INC.
150 MOTOR PARKWAY, STE 202, HAUPPAUGE, NY 11788

EAST WIND SECURITIES, LLC
1010 AVENUE OF THE AMERICAS, SUITE 300, NEW YORK, NY 10018

EASTGATE SECURITIES, LLC
TWO RECTOR STREET, ROOM 2101, NEW YORK, NY 10006

ECOBAN SECURITIES CORPORATION
60 EAST 42ND STREET SUITE 1663, NEW YORK, NY 10663

EDGEMONT CAPITAL PARTNERS, L.P.
119 WEST 40TH STREET, 19TH FLOOR, NEW YORK, NY 10018

EIM SECURITIES (USA) INC.
750 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK, NY 10022

EKN FINANCIAL SERVICES INC.
201 OLD COUNTRY RD., SUITE 101, MELVILLE, NY 11747

ELARA SECURITIES, INC.
477 MADISON AVE., SUITE 220, NEW YORK, NY 10022

EM SECURITIES LLC
162 FIFTH AVENUE, 8TH FLOOR, NEW YORK, NY 10010
Mailing Address: 162 FIFTH AVENUE, NEW YORK, NY 10010

EMCOR SECURITIES, INC.
400 MADISON AVENUE, SUITE 8A, NEW YORK, NY 10017

EMERALD POINT CAPITAL, LLC
420 LEXINGTON AVENUE, SUITE 1718, NEW YORK, NY 10170

EMERGING MANAGER ADVISORS LLC
130 EAST 59TH STREET, 11TH FLOOR, ATT: PAUL ECKEL, NEW YORK, NY 10022-1302

EMPIRE ASSET MANAGEMENT COMPANY
2 RECTOR STREET, 15TH FLOOR, NEW YORK, NY 10006

EMPIRE EXECUTIONS, INC.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10005

EMPIRE INVESTMENT INC.
136-20 38TH AVE., SUITE 9E, FLUSHING, NY 11354

EMPIRICAL RESEARCH PARTNERS LLC
477 MADISON AVENUE, 23RD FLOOR, NEW YORK, NY 10022

ENCLAVE CAPITAL LLC
19 W 44TH STREET, SUITE 1410, NEW YORK, NY 10036

ENDEAVOR CAPITAL
30 BROAD STREET, 26TH FLOOR, NEW YORK, NY 10004

ENLACE MARKETS, INC.
115 BROADWAY SUITE 1303, NEW YORK, NY 10005

ENNIS KNUPP SECONDARY MARKET SERVICES, LLC
10 S. RIVERSIDE PLAZA, SUITE 1600, CHICAGO, IL 60606

ENSEMBLE FINANCIAL SERVICES, INC.
179 SULLY'S TRAIL, SUITE 200, PITTSFORD, NY 14534
Mailing Address: 179 SULLY'S TRAIL, SUITE 200, PITTSFORD, NY 14534-4599

ENTRUST SECURITIES LLC
375 PARK AVENUE, 24TH FLOOR, NEW YORK, NY 10152

EP SECURITIES, LLC
99 PARK AVENUE (#1560), NEW YORK, NY 10016

EQUILEND
17 STATE STREET, 9TH FLOOR, NEW YORK, NY 10004

EQUITY SOURCE PARTNERS, LLC
7 E. CARVER STREET, SECOND FLOOR, HUNTINGTON, NY 11743

ESAE CAPITAL PARTNERS, LLC
150 EAST 52ND STREET, 25TH FLOOR, NEW YORK, NY 10022

ESICO CO.
15 WEST  72 ST #29F, NEW YORK, NY 10023
Mailing Address: 15 W. 72 ST - #29F, NEW YORK, NY 10023

ESL INVESTMENT SERVICES, LLC
225 CHESTNUT STREET, ROCHESTER, NY 14604-2424

ESN NORTH AMERICA, INC.
520 MADISON AVE, NEW YORK, NY 10022

EULAV SECURITIES LLC
7 TIMES SQUARE, 21ST FLOOR, NEW YORK, NY 10036

EUREKACAP PARTNERS, INC.
673 FIFTH AVENUE, 5TH FLOOR, NEW YORK, NY 10022

EUROCONSULT CAPITAL, LLC
23 BERKELEY SQUARE, LONDON, W1J 6HE UNITED KINGDOM
Mailing Address: 230 PARK AVENUE, STE. 2415, NEW YORK, NY 10169

EUROPEAN AMERICAN EQUITIES, INC.
350 MADISON AVENUE, 8TH FLOOR, NEW YORK, NY 10017

EVERCORE GROUP L.L.C.
55 EAST 52ND STREET, 38TH FLOOR, NEW YORK, NY 10055
Mailing Address: 55 EAST 52ND STREET, 38TH FLOOR, NEW YORK, NY 10055

EXANE, INC.
640 FIFTH AVENUE, 15TH FLOOR, NEW YORK, NY 10019

EXCEL SECURITIES & ASSOCIATES, INC.
200 CANAL VIEW BLVD., STE. 204, ROCHESTER, NY 14623

EXECUTION ACCESS, LLC
ONE LIBERTY PLAZA, 51ST FLOOR, NEW YORK, NY 10006

EXOTIX USA INC.
444 MADISON AVENUE, 36TH FLOOR, NEW YORK, NY 10022

FAGENSON & CO., INC.
60 BROAD STREET, NEW YORK, NY 10004

FAMILY MANAGEMENT SECURITIES, LLC
485 MADISON AVENUE- 19TH FLOOR, NEW YORK, NY 10022
Mailing Address: 485 MADISON AVE-19TH FLOOR, NEW YORK, NY 10022

FAP USA, L.P.
1120 AVENUE OF THE AMERICAS, 4TH FLOOR, NEW YORK, NY 10036
Mailing Address: 1120 AVENUE OF THE AMERICAS, 4TH  FLOOR, NEW YORK, NY 10036

FAR HILLS GROUP, LLC.
1180 AVENUE OF THE AMERICAS 18TH FLOOR, NEW YORK, NY 10036

FARINA & ASSOCIATES, INC.
20 BROAD STREET, 10TH FLOOR, NEW YORK, NY 10005

FATOR SECURITIES LLC
500 FIFTH AVE., SUITE 1520, NEW YORK, NY 10110

FAVER SECURITIES, LLC
112 DAISY FARMS DRIVE, NEW ROCHELLE, NY 10804

FBN SECURITIES, INC.
120 BROADWAY, 10TH FLOOR, NEW YORK, NY 10271

FCS SECURITIES
417 E 90TH ST STE 8C, NEW YORK, NY 10128-5175

FEDERATED SECURITIES, INC.
680 PARK AVENUE, HUNTINGTON, NY 11743
Mailing Address: P.O. BOX 2679, HUNTINGTON STATION, NY 11746-0531

FEF DISTRIBUTORS, LLC
1345 AVENUE OF THE AMERICAS, NEW YORK, NY 10105-4300

FELIX INVESTMENTS LLC
17 STATE STREET, 5TH FLOOR, NEW YORK, NY 10004

FENIMORE SECURITIES, INC.
384 NORTH GRAND STREET-BOX 399, COBLESKILL, NY 12043
Mailing Address: 384 NORTH GRAND STREET - BOX 399, COBLESKILL, NY 12043

FERGHANA SECURITIES, INC.
420 LEXINGTON AVENUE- SUITE 2740, NEW YORK, NY 10170
Mailing Address: 420 LEXINGTON AVENUE - SUITE 2740, NEW YORK, NY 10170

FERRETTI GROUP, INC.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10005
Mailing Address: C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10005

FG ADVISORS, LLC
20 WEST 55TH STREET, SUITE 1201, NEW YORK, NY 10019

FIELDSTONE SERVICES CORP.
1177 AVENUE OF THE AMERICAS, NEW YORK, NY 10036-2714

FIMERIS INC.
1515 BROADWAY, 12TH FLOOR, NEW YORK, NY 10036

FINANCIAL PRODUCTS, LLC
1140 BROADWAY, SUITE 1606, NEW YORK, NY 10001

FINANCO SECURITIES LLC
654 MADISON AVE., 5TH. FLOORF, NEW YORK, NY 10065
Mailing Address: 654 MADISON AVE., 5TH. FLOOR, NEW YORK, NY 10065

FINANCORP GROUP INTERNATIONAL CORPORATION
10 E. 53 STREET, 25TH FLOOR, NEW YORK, NY 10022

FINANTIA USA LTD
950 THIRD AVENUE, 28TH FLOOR, NEW YORK, NY 10022

FIRST CAPITAL EQUITIES,LTD.
80 CUTTER MILL ROAD, SUITE 303, GREAT NECK, NY 11021

FIRST EMPIRE SECURITIES, INC.
100 MOTOR PARKWAY, HAUPPAUGE, NY 11788
Mailing Address: 100 MOTOR PARKWAY, SECOND FLOOR, HAUPPAUGE, NY 11788

FIRST INVESTORS CORPORATION
110 WALL STREET, 4TH FLOOR, NEW YORK, NY 10005

FIRST LIBERTIES FINANCIAL
369 LEXINGTON AVENUE, SUITE 311, NEW YORK, NY 10017

FIRST LONG ISLAND INVESTORS, LLC
1 JERICHO PLAZA - SUITE 201, JERICHO, NY 11753-1673
Mailing Address: 1 JERICHO PLAZA - SUITE 201, JERICHO, NY 11753-1673

FIRST MAN INVESTMENT SECURITIES CORP.
580 WHITE PLAINS ROAD, TARRYTOWN, NY 10591

FIRST MANHATTAN CO
437 MADISON AVENUE, NEW YORK, NY 10022-7297

FIRST NEW YORK SECURITIES L.L.C.
90 PARK AVENUE, 5TH FLOOR, NEW YORK, NY 10016

FIRSTRADE SECURITIES INC.
133-25 37TH AVENUE, FLUSHING, NY 11354

FIVE PRIME ADVISORS, LLC
28 WEST 44TH ST., 16TH FLOOR, NEW YORK, NY 10036

FIVE STAR INVESTMENT SERVICES, INC.
55 N. MAIN STREET, WARSAW, NY 14569

FLETCHERBENNETT CAPITAL LLC
780 3RD AVENUE, 21ST FLOOR, NEW YORK, NY 10017

FLEXTRADE LLC
111 GREAT NECK ROAD, GREAT NECK, NY 11021
Mailing Address: 111 GREAT NECK ROAD, SUITE 314, GREAT NECK, NY 11021

FOGEL NEALE SECURITIES, LLC
90 BROAD STREET, SUITE 2202, NEW YORK, NY 10004

FONDSFINANS INC.
950 THIRD AVENUE, SUITE 1902, NEW YORK, NY 10022

FORBES PRIVATE CAPITAL GROUP
142 WEST 57TH STREET, 12TH FLOOR, NEW YORK, NY 10019

FORDHAM FINANCIAL MANAGEMENT, INC.
14 WALL STREET, 18TH FLOOR, NEW YORK, NY 10005

FOREFRONT CAPITAL MARKETS LLC
590 MADISON AVE., 34TH FLOOR, NEW YORK, NY 10022

FOROS SECURITIES LLC
461 FIFTH AVENUE, 17TH FLOOR, NEW YORK, NY 10017

FORTRESS CAPITAL FORMATION LLC
1345 AVENUE OF THE AMERICAS, 47TH FL., NEW YORK, NY 10105

FORUM CAPITAL SECURITIES LLC
140 EAST 45TH STREET, 40TH FLOOR, NEW YORK, NY 10017

FOUNDATION MARKETS CORPORATION
39 BROADWAY, SUITE 3300, NEW YORK, NY 10006

FOUR POINTS CAPITAL PARTNERS LLC
303 SOUTH BROADWAY, SUITE 487, TARRYTOWN, NY 10591
Mailing Address: 303 SOUTH BROADWAY, SUITE 487, TARRYTOWN, NY 10591

FPCM SECURITIES, LLC
140 BROADWAY, 18TH FLOOR, NEW YORK, NY 10005
Mailing Address: 140 BROADWAY, 18TH FLOOR, NEW YORK, NY 10005

FRANK CRYSTAL CAPITAL, INC.
FINANCIAL SQUARE, 32 OLD SLIP, NEW YORK, NY 10005-3504

FRED ALGER & COMPANY, INCORPORATED
111 FIFTH AVENUE, NEW YORK, NY 10003

FREDERICKS MICHAEL SECURITIES, INC.
430 PARK AVENUE, 8TH FLOOR, NEW YORK, NY 10022

FREEMAN & CO. SECURITIES LLC
645 FIFTH AVENUE, 9TH FLOOR, NEW YORK, NY 10022

FURTHER LANE SECURITIES, L.P.
555 MADISON AVE, 25TH FLOOR, NEW YORK, NY 10022

FUSION ANALYTICS SECURITIES LLC
535 5TH AVENUE, 25TH FLOOR, NEW YORK, NY 10017

G&L PARTNERS, INC.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH  FLOOR, NEW YORK, NY 10005
Mailing Address: C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10005

G-TRADE SERVICES LLC
1633 BROADWAY, 48TH FLOOR, NEW YORK, NY 10019

G.C. ANDERSEN PARTNERS CAPITAL, LLC
430 PARK AVENUE, SUITE 701, NEW YORK, NY 10022
Mailing Address: 430 PARK AVENUE, SUITE 701, NEW YORK, NY 10019

G.DISTRIBUTORS, LLC
ONE CORPORATE CENTER, RYE, NY 10580-1435

GABELLI & COMPANY, INC.
ONE CORPORATE CENTER, RYE, NY 10580-1435

GAGNON SECURITIES, LLC
1370 AVENUE OF THE AMERICAS, NEW YORK, NY 10019

GALILEO GLOBAL SECURITIES, LLC
TEN ROCKEFELLER PLAZA, SUITE 1001, NEW YORK, NY 10020

GALLATIN CAPITAL LLC
444 MADISON AVENUE, 29TH FLOOR, NEW YORK, NY 10022

GAM SERVICES, INC.
ONE ROCKEFELLER PLAZA, 21ST FLOOR, NEW YORK, NY 10020
Mailing Address: ONE ROCKEFELLER PLAZA, 21ST FLOOR, NEW YORK, NY 10020

GARY GOLDBERG & CO., INC.
MONTEBELLO PARK, 75 MONTEBELLO ROAD, SUFFERN, NY 10901

GARY HOCH AGENCY, INC.
2645 ELMWOOD AVE., BUFFALO, NY 14217

GATE US LLC
5 PENN PLAZA, 23RD FLOOR, NEW YORK, NY 10001

GATES CAPITAL CORPORATION
100 PARK AVENUE, 22ND FL., NEW YORK, NY 10017-5516

GELBAND & CO., INC.
750 THIRD AVENUE, 21ST FLOOR, NEW YORK, NY 10017

GENESIS SECURITIES, LLC
50 BROAD ST., NEW YORK, NY 10004
Mailing Address: 50 BROAD ST., SUITE 288, NEW YORK, NY 10004

GERSON, HOROWITZ, GREEN SECURITIES CORP.
250 WEST 57TH STREET, SUITE 2322, NEW YORK, NY 10107

GFA SECURITIES, LLC
565 FIFTH AVENUE, 27TH FLOOR, NEW YORK, NY 10017
Mailing Address: 565 FIFTH AVENUE, 27TH FLOOR, NEW YORK, NY 10038

GFI SECURITIES LLC
55 WATER STREET, 10TH FLOOR, NEW YORK, NY 10041

GILBERT, DONIGER & CO., INC.
780 THIRD AVENUE, NEW YORK, NY 10017

GILDER GAGNON HOWE & CO. LLC
3 COLUMBUS CIRCLE, NEW YORK, NY 10019

GILFORD SECURITIES INCORPORATED
777 THIRD AVENUE, 17TH FL, NEW YORK, NY 10017

GILL AND ROESER HOLDINGS, INC.
535 FIFTH AVENUE, 35TH FLOOR, NEW YORK, NY 10017

GLACIER SECURITIES, LLC
7 TIMES SQUARE TOWER, SUITE 1605, NEW YORK, NY 10036
Mailing Address: 303 PARK AVENUE SOUTH #1081, NEW YORK, NY 10010

GLADOWSKY CAPITAL MANAGEMENT CORP.
18 MANOR ROAD, SMITHTOWN, NY 11787

GLAUCON CAPITAL PARTNERS, L.L.C.
21 CARLTON DRIVE, MOUNT KISCO, NY 10549

GLCA SECURITIES, LLC
805 THIRD AVENUE, 20TH FLOOR, NEW YORK, NY 10022

GLEACHER & COMPANY SECURITIES, INC.
1290 AVENUE OF THE AMERICAS, 4TH FLOOR, NEW YORK, NY 10104
Mailing Address: 1290 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK, NY 10104

GLEACHER PARTNERS LLC
1290 AVENUE OF THE AMERICAS, 4TH FLOOR, NEW YORK, NY 10104

GLENWOOD SECURITIES, INC.
14 WALL STREET, 20TH FLOOR, NEW YORK, NY 10005

GLICKENHAUS & CO.
546 FIFTH AVENUE, 7TH FLOOR, NEW YORK, NY 10036-5000

GLOBAL ARENA CAPITAL CORP
708 THIRD AVENUE, 11TH FLOOR, NEW YORK, NY 10017

GLOBAL DIRECT EQUITIES, LLC
C/O BUTTONWOOD BUSINESS SOLUTIONS LLC, 61 BROADWAY - SUITE 1915, NEW YORK, NY 10006

GLOBAL UNITED SECURITIES LTD.
265 CANAL STREET, ROOM 513, NEW YORK, NY 10013

GLOBALIST CAPITAL, LLC
408 W. 14TH STREET, NEW YORK, NY 10014

GLOBEOP MARKETS LIMITED
ONE SOUTH ROAD, HARRISON, NY 10528

GOLDMAN CAPITAL MANAGEMENT, INC.
767 THIRD AVE. 25TH FL, NEW YORK, NY 10017
Mailing Address: 767 THIRD AVE. 25TH FL, NEW YORK, NY 10017

GOLDMAN SACHS EXECUTION & CLEARING, L.P.
200 WEST STREET, NEW YORK, NY 10282-2198
Mailing Address: 30 HUDSON STREET, 27TH FLOOR, JERSEY CITY, NJ 07302-4699

GOLDMAN, LASS SECURITIES
20 S BROADWAY RM 907, YONKERS, NY 10701

GOLDMAN, SACHS & CO.
200 WEST STREET, NEW YORK, NY 10282-2198
Mailing Address: 30 HUDSON STREET, 27TH FLOOR, JERSEY CITY, NJ 07302-4699

GORDIAN GROUP, LLC
950 THIRD AVENUE, 17TH FLOOR, NEW YORK, NY 10022

GORDIAN KNOT INC.
410 PARK AVENUE - 7TH FLOOR, NEW YORK, NY 10022

GORDON, HASKETT CAPITAL CORPORATION
441 LEXINGTON AVENUE 10TH FL., NEW YORK, NY 10017

GOTO CAPITAL MARKETS, INC.
245 PARK AVENUE, 24TH FLOOR, NEW YORK, NY 10167

GOTTBETTER CAPITAL MARKETS, LLC
488 MADISON AVENUE, 12TH FLOOR, NEW YORK, NY 10022
Mailing Address: 488 MADISON AVENUE, 12 FLOOR, NEW YORK, NY 10022

GOULD, AMBROSON & ASSOCIATES LTD.
600 OLD COUNTRY ROAD, SUITE 337, GARDEN CITY, NY 11530

GP NURMENKARI INC.
6 EAST 39TH STREET, SUITE 1108, NEW YORK, NY 10016

GRACE FINANCIAL GROUP LLC
83 JOBS LANE, SOUTHHAMPTON, NY 11968

GRAIL SECURITIES, LLC
420 LEXINGTON AVENUE, SUITE 2650, NEW YORK CITY, NY 10170

GRANDWOOD SECURITIES LLC
15 WEST 26TH STREET, 9TH FLOOR, NEW YORK, NY 10010

GREENHILL & CO., LLC
300 PARK AVENUE, NEW YORK, NY 10022

GREENSLEDGE CAPITAL MARKETS LLC
375 PARK AVENUE, SUITE 1604, NEW YORK, NY 10152

GREENTECH CAPITAL ADVISORS SECURITIES, LLC
640 FIFTH AVENUE, 16TH FLOOR, NEW YORK, NY 10019

GREYWOLF EXECUTION PARTNERS, INC.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10005
Mailing Address: C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, - 17TH FLOOR, NEW YORK, NY 10005

GRIDLEY & COMPANY LLC
10 EAST 53RD STREET, 24TH FLOOR, NEW YORK, NY 10022

GRIFFIN SECURITIES, INC.
17 STATE STREET, NEW YORK, NY 10004

GROTON SECURITIES LLC
640 FIFTH AVENUE, SUITE 1700, NEW YORK, NY 10019

GROUPARGENT SECURITIES, LLC
666 THIRD AVENUE, 27TH FLOOR, NEW YORK, NY 10017

VENTURE PARTNERS, INC.
15 WHITMAN DRIVE, BROOKLYN, NY 11234

GRUPPO, LEVEY & CO.
122 EAST 42ND STREET, 46TH FLOOR, NEW YORK, NY 10168

GSA CAPITAL ASSOCIATES, LLC
150 EAST 58TH STREET, 24TH FLOOR, NEW YORK, NY 10155

GSP SECURITIES LLC
6 EAST 43RD STREET, NEW YORK, NY 10017

GUARDIAN INVESTOR SERVICES LLC
7 HANOVER SQUARE, NEW YORK, NY 10004
Mailing Address: 81 HIGHLAND AVE., BETHLEHEM, PA 18017

GUGGENHEIM INVESTOR SERVICES, LLC
135 EAST 57TH ST, 11TH FLOOR, NEW YORK, NY 10022

GUGGENHEIM SECURITIES, LLC
135 EAST 57TH STREET, 7TH FLOOR, NEW YORK, NY 10022

GWM GROUP, INC.
399 PARK AVENUE, 32ND FLOOR, NEW YORK, NY 10022

H.C. WAINWRIGHT & CO., INC.
52 VANDERBILT AVENUE 12TH FLOOR, NEW YORK, NY 10017

HABERMAN BROS.
680 MADISON AVENUE, ROOM 1106, NEW YORK, NY 10021

HALCYON CABOT PARTNERS, LTD.
405 LEXINGTON AVENUE, 7TH FLOOR, NEW YORK, NY 10174

HALES CAPITAL SECURITIES LLC
250 PARK AVENUE, SUITE 2050, NEW YORK, NY 10177

HALLMARK INVESTMENTS, INC.
6 EAST 39TH STREET, NEW YORK, NY 10016

HALYARD SECURITIES, LLC
375 PARK AVENUE SUITE 1604, NEW YORK, NY 10152

HAMILTON CAVANAUGH & ASSOCIATES, INC.
661 NORTH BROADWAY, WHITE PLAINS, NY 10603

HAMILTON EXECUTIONS L.L.C.
71 BROADWAY, STE 12 J, NEW YORK, NY 10006

HANDELSBANKEN MARKETS SECURITIES, INC.
875 THIRD AVENUE, 4TH FLOOR, NEW YORK, NY 10022-4678

HAPOALIM SECURITIES USA, INC.
ONE BATTERY PARK PLAZA - 2ND FLOOR, NEW YORK, NY 10004-1405

HAROLD C. BROWN & CO., LLC
ONE HSBC CENTER (SUITE 3800), BUFFALO, NY 14203-2898

HASTINGS CAPITAL GROUP, LLC
527 MADISON AVENUE, 16TH FLOOR, NEW YORK, NY 10022

HAVKIT CORPORATION
98-01 67 AVE. SUITE 10-G, REGO PARK, NY 11374-5030

HAZARD & SIEGEL, INC.
5790 WIDEWATERS PARKWAY, DEWITT, NY 13214
Mailing Address: PO BOX 157, SYRACUSE, NY 13214

HEALTHCARE COMMUNITY SECURITIES CORPORATION
ONE EMPIRE DRIVE, RENSSELAER, NY 12144

HEDGE FUND CAPITAL PARTNERS, LLC
100 JAY STREET, STE 21A, BROOKLYN, NY 11201
Mailing Address: 100 JAY STREET, STE 21A, NEW YORK, NY 11201

HEDGE HARBOR INC.
800 THIRD AVENUE, 22ND FLOOR, NEW YORK, NY 10022

HEDGESERV INVESTMENT SERVICES LLC
1251 AVENUE OF THE AMERICAS , 21ST. FLOOR, NEW YORK, NY 10020

HENLEY & COMPANY LLC
1290 RXR PLAZA, UNIONDALE, NY 11556

HEXAGON SECURITIES LLC
555 MADISON AVENUE, 25TH FLOOR, NEW YORK, NY 10022

HFG HEALTHCO SECURITIES
C/O HEALTHCARE FINANCE GROUP INC., 199 WATER STREET, 20TH FLOOR, NEW YORK, NY 10038
Mailing Address: ATTN J. GELWICKS C/O HEALTHCARE FINANCE GROUP INC., 199 WATER STREET 20TH FLOOR, NEW YORK, NY 10038

HFP CAPITAL MARKETS LLC
685 FIFTH AVENUE, 9TH FLOOR, NEW YORK, NY 10022

HODES WEILL SECURITIES, LLC
623 FIFTH AVENUE, 24TH FLOOR, NEW YORK, NY 10022

HOLBROOK CAPITAL LLC
2 PENN PLAZA, SUITE 1500, NEW YORK, NY 10121

HOLD BROTHERS EXECUTION SERVICES, LLC
1177 AVENUE OF THE AMERICAS, SUITE 2B, NEW YORK, NY 10036

HOLD BROTHERS ON-LINE INVESTMENT SERVICES L.L.C.
1177 AVENUE OF THE AMERICAS, SUITE 2B, NEW YORK, NY 10036

HRC FUND ASSOCIATES, LLC
125 MAIDEN LANE, 6TH FLOOR, NEW YORK, NY 10038

HRC INVESTMENT SERVICES, INC.
725 GLEN COVE AVENUE, GLEN HEAD, NY 11545
Mailing Address: 725 GLEN COVE ANUENE, GLEN HEAD, NY 11545

HSBC SECURITIES (USA) INC.
452 FIFTH AVENUE, NEW YORK CITY, NY 10018
Mailing Address: 452 FIFTH AVENUE 7TH FLOOR, NEW YORK CITY, NY 10018

HSH N FINANCIAL SECURITIES LLC
230 PARK AVENUE, 32ND FLOOR, NEW YORK, NY 10169

HT CAPITAL SECURITIES, LLC
437 MADISON AVE. 39TH FLOOR, NEW YORK, NY 10022

HUDSON CAPITAL ADVISORS BD LLC
9601 WILSHIRE BOULEVARD, PENTHOUSE, BEVERLY HILLS, CA 90210

HUDSON HERITAGE CAPITAL MANAGEMENT, INC.
20 BALTIC PLACE SUITE 2, CROTON-ON-HUDSON, NY 10520

HUDSON HOUSING SECURITIES LLC
630 FIFTH AVENUE, 28TH FLOOR, NEW YORK, NY 10111

HUDSON VALLEY CAPITAL MANAGEMENT
2039 ALBANY POST ROAD, SUITE 200, CROTON-ON-HUDSON, NY 10520

HUNNICUTT & CO., INC.
110 E. 59TH STREET, 32ND FLOOR, NEW YORK, NY 10022

HUNTER, KEITH, MARSHALL & CO., INCORPORATED
1430 BROADWAY, 14TH FLOOR NE, NEW YORK, NY 10018

HUNTHILL CAPITAL, LLC
330 MADISON AVENUE, 9TH FLOOR, NEW YORK, NY 10017

HYPATIA CAPITAL ADVISORS LLC
750 LEXINGTON AVENUE, 6TH FLOOR, NEW YORK, NY 10022

HYUNDAI SECURITIES (AMERICA) INC.
1370 AVENUE OF THE AMERICAS, SUITE 1900, NEW YORK, NY 10019

IATMARKETS LLC
350 CPW, SUITE 13A, NEW YORK, NY 10025

IBN FINANCIAL SERVICES, INC.
8035 OSWEGO RD., LIVERPOOL, NY 13090
Mailing Address: P.O. BOX 2365, LIVERPOOL, NY 13089

ICICI SECURITIES INC.
415 MADISON AVENUE - SUITE 1427, NEW YORK, NY 10017

ICM CAPITAL MARKETS LTD.
888 SEVENTH AVE, 17 TH FLOOR, NY, NY 10019

ICON SECURITIES CORP
120 FIFTH AVENUE, EIGHTH FLOOR, NEW YORK, NY 10011

ICP SECURITIES LLC
1120 AVENUE OF THE AMERICAS, SUITE 1507, NEW YORK, NY 10036

IDB CAPITAL CORP.
511 FIFTH AVENUE, 4TH FLOOR, NEW YORK, NY 10017

IDC SECURITES CORP.
2103 CORAL WAY, SUITE 202, MIAMI, FL 33145

IDFC CAPITAL (USA) INC.
405 LEXINGTON AVENUE, SUITE 2618, NEW YORK, NY 10174-2699

IIFL INC.
1114 AVENUE OF THE AMERICAS, 34TH FLOOR, NEW YORK, NY 10036

IIG HORIZONS SECURITIES, LLC
1500 BROADWAY - 17TH FLOOR, NEW YORK, NY 10036

ILLUSTRO TRADING, LLC
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET - SUITE 1704, NEW YORK, NY 10005

INDEPENDENT BROKERS LLC
55 BROAD STREET, NEW YORK, NY 10004

INDUSTRIAL AND COMMERCIAL BANK OF CHINA FINANCIAL SERVICES LLC
1633 BROADWAY, 28TH FLOOR, NEW YORK, NY 10019

INEO CAPITAL, LLC
50 MURRAY STREET, SUITE 1103, NEW YORK, NY 10007

ING FINANCIAL MARKETS LLC
1325 AVENUE OF THE AMERICAS, NEW YORK, NY 10019

INGALLS & SNYDER, LLC
61 BROADWAY, NEW YORK, NY 10006-2802

INLET SECURITIES, LLC
233 NORTH CAUSEWAY SUITE B, NEW SMYRNA BEACH, FL 32169

INNER CIRCLE SPORTS LLC
317 MADISON AVENUE, SUITE 510, NEW YORK, NY 10017

INNOVATION ADVISORS LLC
ONE PENN PLAZA, 36TH FLOOR, NEW YORK CITY, NY 10119

INSTINET, LLC
1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

INTELLIGENT EDGE SECURITIES, LLC
420 LEXINGTON AVENUE, SUITE 400, NEW YORK, NY 10170

INTERDEALER SECURITIES, LLC
14 WALL STREET, SUITE 4D, NEW YORK, NY 10005

INTERNATIONAL EQUITY SERVICES, INC.
120 BLOOMINGDALE ROAD SUITE 3400, WHITE PLAINS, NY 10605

INTERNATIONAL STRATEGY & INVESTMENT GROUP INC.
40 WEST 57TH STREET, 18TH FLOOR, NEW YORK, NY 10019

INVEMED ASSOCIATES LLC
375 PARK AVENUE, SUITE 2205, NEW YORK, NY 10152-0189

INVESTEC SECURITIES (US) LLC
666 FIFTH AVENUE, 15TH FLOOR, NEW YORK, NY 10103

INVESTORS PLANNING SERVICES, CORP.
641 6TH AVE. WEST, EAST NORTHPORT, NY 11731
Mailing Address: 641 6TH AVE. WEST, EAST NORTHPORT, NY 11731

ION PARTNERS LLC
521 FIFTH AVENUE, (27TH FLOOR), NEW YORK, NY 10175

IRC SECURITIES LLC
53 WEST 36TH STREET, SUITE 1002, NEW YORK, NY 10018

ISI CAPITAL, LLC
747 THIRD AVENUE, SUITE 25B, NEW YORK, NY 10017

ISRAEL A. ENGLANDER & CO., LLC
666 FIFTH AVENUE, 9TH FLOOR, NEW YORK, NY 10103

ITA FINANCIAL SERVICES, LLC
100 SE 2ND STREET, 46TH FLOOR, MIAMI, FL 33131

ITAU BBA USA SECURITIES, INC.
767 FIFTH AVE 50TH FLOOR, NEW YORK, NY 10153

ITB SECURITIES, LLC
240 W. 37TH STREET, SUITE 310, NEW YORK, NY 10018

ITG DERIVATIVES LLC.
601 S. LASALLE STREET, SUITE 300, CHICAGO, IL 60605
Mailing Address: 601 S. LASALLE STREET, SUITE 300, CHICAGO, IL 60605

ITG EXECUTION SERVICES, INC.
380 MADISON AVENUE, NEW YORK, NY 10017

ITG INC.
380 MADISON AVENUE, 4TH FLOOR, NEW YORK, NY 10017

IVP CAPITAL, LLC
337 NOYAC PATH, WATER MILL, NY 11976

IVY SECURITIES, INC.
320 NORTHERN BLVD, SUITE 21, GREAT NECK, NY 11021

IXE SECURITIES, LLC
540 MADISON AVENUE, 36TH FLOOR, NEW YORK, NY 10022

J. J. & M. GELDZAHLER
1347 49TH ST., BROOKLYN, NY 11219
Mailing Address: 1347-49TH ST, BROOKLYN, NY 11219

J. STREICHER & CO. L.L.C.
2 RECTOR STREET, 21ST FLOOR, NEW YORK, NY 10006

J.H. DARBIE & CO., INC.
99 WALL ST. 6TH FL., NEW YORK, NY 10005
Mailing Address: 99 WALL ST 20TH FL, C/O ROBERT ROBINOWITZ, NEW YORK, NY 10005

J.H. LILLIAN SECURITIES CORP.
767 THIRD AVE - 36TH FLOOR, NEW YORK, NY 10017

J.P. MORGAN CLEARING CORP.
THREE CHASE METROTECH CENTER, BROOKLYN, NY 11245
Mailing Address: 575 WASHINGTON BLVD, FLOOR 16, JERSEY CITY, NJ 07310

J.P. MORGAN INSTITUTIONAL INVESTMENTS INC.
270 PARK AVENUE, NY1-K104, NEW YORK, NY 10017
Mailing Address: 270 PARK AVENUE, NY1-K104, NEW YORK, NY 10167

J.P. MORGAN SECURITIES LLC
383 MADISON AVENUE, NEW YORK, NY 10179
Mailing Address: 575 WASHINGTON BLVD, FLOOR 16, JERSEY CITY, NJ 07310

J.P.P. EURO-SECURITIES, INC.
595 MADISON AVENUE, 38TH FLOOR, NEW YORK, NY 10022

JACKSON PARTNERS & ASSOCIATES, INC.
381 PARK AVENUE SOUTH, STE.621, NEW YORK, NY 10016
Mailing Address: 381 PARK AVENUE SOUTH, SUITE 621, NEW YORK, NY 10016

JAMES E. COFFEY SECURITIES, INC.
BUTTONWOOD BUSINESS SOLUTIONS, LLC, 61 BROADWAY, SUITE 1951, NEW YORK, NY 10006

JANE STREET MARKETS, LLC
ONE NEW YORK PLAZA, NEW YORK, NY 10004

JAPANINVEST INC.
405 LEXINGTON AVENUE, 21ST FLOOR, NEW YORK, NY 10174

JAVELIN SECURITIES, LLC
443 PARK AVENUE SOUTH, 10TH FLOOR, NEW YORK, NY 10016

JB DRAX HONORE' INC.
1270 AVENUE OF THE AMERICAS, SUITE 212, 2ND FLOOR, NEW YORK, NY 10020

JCRA FINANCIAL LLC
5 PENN PLAZA, 23RD FLOOR, NEW YORK, NY 10001

JEFFERIES & COMPANY, INC.
520 MADISON AVENUE, NEW YORK, NY 10022
Mailing Address: 520 MADISON AVENUE, 16TH FLOOR, NEW YORK, NY 10022

JEFFERIES BACHE SECURITIES, LLC
ONE NEW YORK PLAZA, 13TH FL., NEW YORK, NY 10004

JEFFERIES EXECUTION SERVICES, INC.
520 MADISON AVENUE, 11TH FLOOR, NEW YORK, NY 10022

JEGI LLC
150 EAST 52ND STREET-18TH FLOOR, NEW YORK, NY 10022

JNK SECURITIES CORP.
902 BROADWAY, 20TH FLOOR, NEW YORK, NY 10010

JOHN CARRIS INVESTMENTS LLC
40 WALL STREET, SUITE 1706, NEW YORK, NY 10005

JOHN HANCOCK DISTRIBUTORS LLC
200 BLOOR STREET EAST, TORONTO, M4W 1E5 CANADA
Mailing Address: P.O. BOX 4700, BUFFALO, NY 14240-4700

JOHN HANCOCK FUNDS, LLC
601 CONGRESS STREET, BOSTON, MA 02210-2805

JOHN JAMES INVESTMENTS, LTD.
8463 SHERIDAN DRIVE, WILLIAMSVILLE, NY 14221

JOHN THOMAS FINANCIAL
14 WALL STREET, 23RD FLOOR, NEW YORK, NY 10005

JOHN W. LOOFBOURROW ASSOCIATES, INC.
44 WALL STREET, 12TH FLOOR, NEW YORK, NY 10005

JOSEPH CAPITAL, LLC
501 FIFTH AVENUE, ROOM 1605, NEW YORK, NY 10017

JOSEPH GRACE
44 WALL STREET, 12TH FL., NEW YORK, NY 10005

JOSEPH GUNNAR & CO. LLC
30 BROAD STREET 11TH FLOOR, NEW YORK, NY 10004

JOSEPH KOSINSKY, INC.
400 SECOND AVENUE, NEW YORK, NY 10010

JUNIPER CAPITAL GROUP, LLC
570 LEXINGTON AVENUE, 16TH FLOOR, NEW YORK, NY 10022

K.C. WARD FINANCIAL
4175 VETERANS MEMORIAL HWY, SUITE 300, RONKONKOMA, NY 11779
Mailing Address: 4175 VETERANS MEMORIAL HWY, SUITE 300, RONKONKOMA, NY 11779

KAHN BROTHERS LLC
555 MADISON AVENUE, 22ND FLOOR, NEW YORK, NY 10022-3301

KAIETEUR INVESTMENTS LLC
90 BROAD STREET, SUITE 1904, NEW YORK, NY 10004-2670

KAMSKY SECURITIES, LLC
563 PARK AVENUE, FIRST FLOOR, NEW YORK, NY 10065

KAPITALL GENERATION, LLC
241 CENTRE STREET, 6TH FLOOR, SUITE 7, NEW YORK, NY 10013

KARVY, INC.
11 BROADWAY, SUITE 1568, NEW YORK, NY 10004

KATALYST SECURITIES LLC
15 MAIDEN LANE, ROOM 601, NEW YORK, NY 10038

KAUFMAN BROS., L.P.
800 THIRD AVENUE, 30TH FLOOR, NEW YORK, NY 10022

KBC SECURITIES USA, INC.
1177 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK, NY 10036

KBD SECURITIES, LLC
555 TAXTER ROAD, SUITE 175, ELMSFORD, NY 10523

KCCI, LTD.
80 MAIDEN LANE, SUITE 2201, NEW YORK, NY 10038

KDC SECURITIES, LP
900 THIRD AVENUE SUITE 1000, NEW YORK, NY 10022-4728

KEDEM CAPITAL CORPORATION
52 BEAUMONT DRIVE, MELVILLE, NY 11747-2502

KEEFE, BRUYETTE & WOODS, INC.
787 7TH AVENUE, NEW YORK, NY 10019
Mailing Address: 787 7TH AVENUE, 4TH FLOOR, NEW YORK, NY 10019

KEISER ANALYTICS
130 WILLIAMS STREET, SUITE 5-16, NEW YORK, NY 10038
Mailing Address: 527 HUDSON STREET, SUITE 20-170, NEW YORK, NY 10014

KEMPEN & CO U.S.A., INC.
880 THIRD AVENUE, 17TH FLOOR, NEW YORK, NY 10022

KENMAR SECURITIES INC.
900 KING STREET, SUITE 100, RYE BROOK, NY 10573

KENSINGTON CAPITAL CORP.
4910 13TH AVE., BROOKLYN, NY 11219-3100

KEPLER CAPITAL MARKETS, INC.
600 LEXINGTON AVENUE, 28TH FLOOR, NEW YORK, NY 10022

KERN, SUSLOW SECURITIES, INC.
50 BROAD STREET STE.1600, NEW YORK, NY 10004
Mailing Address: 50 BROAD STREET, NEW YORK, NY 10004

KFM SECURITIES, INC.
C/O BUTTONWOOD BUSINESS SOLUTIONS, 61 BROADWAY - SUITE 1915, NEW YORK, NY 10006

KGS-ALPHA CAPITAL MARKETS, L.P.
850 THIRD AVENUE, 16TH FLOOR, NEW YORK, NY 10022

KIDRON CAPITAL ADVISORS LLC
1450 BROADWAY, 39TH FLOOR, NEW YORK, NY 10018

KIM ENG SECURITIES U.S.A. INC.
777 THIRD AVENUE  21ST FLOOR, NEW YORK, NY 10017-1376

KIMELMAN & BAIRD, LLC
100 PARK AVENUE, NEW YORK, NY 10017-5516

KINETICS FUNDS DISTRIBUTOR LLC
555 TAXTER ROAD, SUITE 175, ELMSFORD, NY 10523

KJM SECURITIES, INC.
48 SAGAMORE ROAD, SUITE 29, BRONXVILLE, NY 10708-1534
Mailing Address: P.O. BOX 734, BRONXVILLE, NY 10708-0734

KKR CAPITAL MARKETS LLC
9 WEST 57TH STREET, 41ST FLOOR,, SUITE 4160, NEW YORK, NY 10019

KOREA INVESTMENT & SECURITIES AMERICA, INC.
1350 AVENUE OF THE AMERICAS, SUITE 1110, NEW YORK, NY 10019

KOTA GLOBAL SECURITIES INC.
317 MADISON AVENUE, SUITE 1220, NEW YORK, NY 10017

KOTAK MAHINDRA, INC.
50 MAIN STREET, SUITE 310, WHITE PLAINS, NY 10606

KYTE SECURITIES LLC
55 WATER STREET, NEW YORK, NY 10041

LADDER CAPITAL SECURITIES LLC
345 PARK AVENUE, 8TH FLOOR, NEW YORK, NY 10154

LADENBURG THALMANN & CO. INC.
520 MADISON AVENUE, 9TH FLOOR, NEW YORK, NY 10022

LAIDLAW & COMPANY (UK) LTD.
41 DOVER STREET, LONDON, W1S 4NS ENGLAND
Mailing Address: 90 PARK AVENUE, NEW YORK, NY 10016

LAKE CHAMPLAIN BROKERAGE SERVICES LLC
130 WEST 42ND STREET, NEW YORK, NY 10036

LAKERIDGE CAPITAL INC.
130 KING STREET WEST, SUITE 2950, TORONTO, ONTARIO, M5X 1C7 CANADA
Mailing Address: 1040 FIRST AVE., #320, NEW YORK, NY 10022

LANDMARK INVESTMENT GROUP, INC
350 CAYUGA RD, CHEEKTOWAGA, NY 14225

LANGDON P. COOK GOVERNMENT SECURITIES, LLC
100 PARK AVENUE, 22ND FLOOR, NEW YORK, NY 10017-5516

LANGDON SHAW SECURITIES, INC.
39 BROADWAY, 1910, NEW YORK, NY 10006

LANTERN INVESTMENTS, INC.
35 PINELAWN ROAD, SUITE 101E, MELVILLE, NY 11747

LARKSPUR CAPITAL CORPORATION
445 PARK AVENUE-15TH FLR., NEW YORK, NY 10022

LAUREL HILL SECURITIES LLC
100 WALL STREET 22ND FLOOR, SUITE 22223, NEW YORK, NY 10005

LAVAFLOW, INC.
388 GREENWICH STREET, 29TH FLOOR, NEW YORK, NY 10013

LAZARD ASSET MANAGEMENT SECURITIES LLC
30 ROCKEFELLER PLAZA, 59TH FLOOR, NEW YORK, NY 10112

LAZARD CAPITAL MARKETS LLC
30 ROCKEFELLER PLAZA, NEW YORK, NY 10020-5900

LAZARD FRERES & CO. LLC
30 ROCKEFELLER PLAZA, NEW YORK, NY 10020-5900

LCS SECURITIES, LLC
595 MADISON AVENUE, 17TH FLOOR, NEW YORK, NY 10022

LEBENTHAL & CO., LLC
521 FIFTH AVENUE, 15TH FLOOR, NEW YORK, NY 10175

LEDGEMONT SECURITIES LLC
595 MADISON AVENUE, 19TH FLOOR, NEW YORK, NY 10022

LEGEND MERCHANT GROUP, INC.
30 BROAD STREET, 38TH FLOOR, NEW YORK, NY 10004

LEGEND SECURITIES, INC.
45 BROADWAY, 32ND FLOOR, NEW YORK, NY 10006

LEIGH BALDWIN & CO., LLC
112 ALBANY STREET, CAZENOVIA, NY 13035-0660

LEK SECURITIES CORPORATION
1 LIBERTY PLAZA, 165 BROADWAY, 52ND FLOOR, NEW YORK, NY 10006

LESKO SECURITIES INC.
53 CHENANGO STREET 2ND FLOOR, BINGHAMTON, NY 13901
Mailing Address: P.O. BOX 1890, BINGHAMTON, NY 13902-1890

LEUMI INVESTMENT SERVICES INC.
562-564 FIFTH AVENUE, NEW YORK, NY 10036

LEVY, HARKINS & CO., INC.
366 MADISON AVENUE, FLOOR 14, NEW YORK, NY 10017

LIATI CAPITAL, LLC
17 STATE STREET, 3RD FLOOR, NEW YORK, NY 10004

LIBERTY ASSOCIATES, INC.
36 WEST 44TH STREET, SUITE 1100, NEW YORK, NY 10036

LIBERUM CAPITAL INC
441 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK, NY 10017

LIFEMARK SECURITIES CORP.
400 WEST METRO PARK, ROCHESTER, NY 14623

LIGHTSPEED TRADING, LLC
148 MADISON AVENUE, 9TH FLOOR, NEW YORK, NY 10016

LIME BROKERAGE LLC
625 BROADWAY, 12TH FLOOR, NEW YORK, NY 10012

LINKBROKERS DERIVATIVES LLC
107 GRAND STREET, 2ND FLOOR, NEW YORK, NY 10013

LIQUIDNET, INC.
498 7TH AVENUE, 12TH FLOOR, NEW YORK, NY 10018

LIVERMORE TRADING GROUP, INC.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10005

LIVINGSTON SECURITIES, LLC
825 THIRD AVENUE, SUITE 223, NEW YORK, NY 10022-7519

LLOYDS SECURITIES
1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

LMV CAPITAL CORP.
11 EAST 26TH STREET, SUITE 1600, NEW YORK, NY 10010

LOEB PARTNERS CORPORATION
61 BROADWAY, NEW YORK, NY 10006

LONG ISLAND FINANCIAL GROUP, INC.
2 WOODCREST DRIVE, ROSLYN, NY 11576
Mailing Address: 2 WOODCREST DR, ROSLYN, NY 11576

LONGSHIP ALTERNATIVE ASSET MANAGEMENT
14 CONCORD ROAD, PORT WASHINGTON, NY 11050

LOUIS CAPITAL MARKETS, LP
445 PARK AVENUE, 16TH FLOOR, NEW YORK, NY 10022
Mailing Address: 445 PARK AVENUE, 16 FLOOR, NEW YORK, NY 10022

LYSTER WATSON SECURITIES, INC.
888 SEVENTH AVENUE, 40TH FLOOR, NEW YORK CITY, NY 10019

M&T SECURITIES, INC.
285 DELAWARE AVE., SUITE 2000, BUFFALO, NY 14202

M. GRIFFITH INVESTMENT SERVICES, INC.
555 FRENCH ROAD - BUILDING 2, NEW HARTFORD, NY 13413-0895
Mailing Address: P.O. BOX 895, 555 FRENCH RD., NEW HARTFORD, NY 13413-0895

M. H. LEBLANG, INC.
300 E. 56TH STREET, NEW YORK, NY 10022
Mailing Address: 300 E. 56TH ST #6F, NEW YORK, NY 10022

M. R. BEAL & COMPANY
110 WALL STREET, 6TH FLOOR, NEW YORK, NY 10005

M. ZUCKER, INC.
771 W END AVE, NEW YORK, NY 10025

M.D. SASS SECURITIES, L.L.C.
1185 AVENUE OF THE AMERICAS, NEW YORK, NY 10036-2699

M.E.S.A. SECURITIES, INC.
85 FIFTH AVENUE, SIXTH FLOOR, NEW YORK, NY 10003

M.J. WHITMAN LLC
622 THIRD AVENUE, 32ND FLOOR, NEW YORK, NY 10017-6715

MACALLASTER PITFIELD MACKAY INC.
30 BROAD STREET, NEW YORK, NY 10004
Mailing Address: 30 BROAD ST, NEW YORK, NY 10004

MACQUARIE CAPITAL (USA) INC.
125 WEST 55TH STREET, LEVEL 22, NEW YORK, NY 10019

MACRO RISK ADVISORS LLC
1450 BROADWAY, 28TH FLOOR, NEW YORK, NY 10018

MADISON CAPITAL MARKETS, INC.
666 FIFTH AVENUE 14TH FLOOR, NEW YORK CITY, NY 10103

MADISON PARK GROUP LLC
521 FIFTH AVENUE (17TH FLOOR), NEW YORK, NY 10175

MADISON WILLIAMS AND COMPANY
527 MADISON AVENUE, 14TH FLOOR, NEW YORK, NY 10022

MAHLER & EMERSON INC.
570 LEXINGTON AVENUE, NEW YORK, NY 10022
Mailing Address: P.O. BOX 3146 GRAND CENTRAL STATION, NEW YORK, NY 10163-3146

MAINSAIL GROUP LLC
350 MADISON AVENUE, 9TH FLOOR, NEW YORK, NY 10017

MALKIN SECURITIES CORP.
60 EAST 42ND STREET, NEW YORK, NY 10165-0015

MAN INVESTMENTS INC.
ONE ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK, NY 10022

MANN MANN JENSEN PARTNERS LP
733 THIRD AVENUE, 24TH FLOOR, NEW YORK, NY 10017

MANNING & NAPIER INVESTOR SERVICES, INC.
290 WOODCLIFF DRIVE, FAIRPORT, NY 14450

MANOR PRIVATE CAPITAL, LLC
10 LARCHMONT AVENUE, LARCHMONT, NY 10538-4235

MARBLEHEAD TRADING GROUP, LLC
14 VANDERVENTER AVENUE, SUITE 201, PORT WASHINGTON, NY 11050

MARCO POLO SECURITIES INC.
75 BROAD STREET, 15TH FLOOR, NEW YORK, NY 10004

MARINER GROUP CAPITAL MARKETS, INC.
500 MAMARONECK AVENUE, 1ST FLOOR, HARRISON, NY 10528

MARK J. MULLER EQUITIES, INC.
18 CAYUGA ROAD, SCARSDALE, NY 10583

MARKETAXESS CORPORATION
299 PARK AVENUE, 10TH FLOOR, NEW YORK, NY 10171

MARLIN & ASSOCIATES SECURITIES LLC
600 LEXINGTON, 36TH FLOOR, NEW YORK, NY 10022

MARQUETTE DE BARY CO., INC.
270 MADISON AVENUE, SUITE 1503, NEW YORK, NY 10016

MARQUIS HOLDINGS, INC.
C/O BUTTONWOOD BUSINESS SOLUTIONS, 61 BROADWAY, SUITE 1915, NEW YORK, NY 10006
Mailing Address: 31 APACHE TRAIL, FREEHOLD, NJ 07728

MARTIN CURRIE INVESTOR SERVICES, INC.
1350 AVENUE OF THE AMERICAS, SUITE 3010, NEW YORK, NY 10019

MARV CAPITAL INC.
450 7TH AVENUE, SUITE 601, NEW YORK, NY 10123

MARWOOD GROUP
733 THIRD AVENUE, 11TH FLOOR, NEW YORK, NY 10017

MARWOOD GROUP RESEARCH
733 THIRD AVE., 11TH FLOOR, NEW YORK, NY 10017

MASTERTRADER.COM
7-11 SOUTH BROADWAY, SUITE 210A, WHITE PLAINS, NY 10601

MATRIX CAPITAL GROUP, INC.
420 LEXINGTON AVENUE, SUITE 601, NEW YORK, NY 10170

MAX INTERNATIONAL BROKER/DEALER CORP.
75 MAIDEN LANE STE 503, NEW YORK, NY 10038

MAXIM GROUP LLC
405 LEXINGTON AVENUE, NEW YORK, NY 10174

MAY CAPITAL GROUP, L.L.C.
250 WEST 57TH STRET, SUITE 2322, NEW YORK, NY 10107
Mailing Address: 250 WEST 57TH STREET, SUITE 2322, NEW YORK, NY 10107

MBSC SECURITIES CORPORATION
200 PARK AVENUE, NEW YORK, NY 10166
Mailing Address: 200 PARK AVENUE, 8TH FLOOR, NEW YORK, NY 10166

MC FINANCIAL SERVICES LTD.
655 THIRD AVENUE, 2ND FL., NEW YORK, NY 10017

MCCAULEY SECURITIES, LTD.
80 BROAD STREET, 27TH FL, NEW YORK, NY 10004

MCFARLAND DEWEY SECURITIES CO., L.P.
420 LEXINGTON AVENUE, NEW YORK, NY 10170-2699

MCM SECURITIES LLC
152 W. 57TH STREET, 52ND FLOOR, NEW YORK, NY 10019

MCMANUS & MILES INCORPORATED
575 MADISON AVENUE, 10TH FLOOR, NEW YORK, NY 10022
Mailing Address: 575 MADISON AVENUE 10TH FLOOR, NEW YORK, NY 10022

MD GLOBAL PARTNERS, LLC
275 MADISON AVENUE, 6TH FLOOR-SUITE 627/628, NEW YORK, NY 10016

MEADOWVALE ADVISORS LLC
152 W 57TH ST, 14TH FL, NEW YORK, NY 10019

MEDIOBANCA SECURITIES USA LLC
565 5TH AVENUE 21ST FLOOR, NEW YORK, NY 10017

MEESCHAERT CAPITAL MARKETS, INC.
600 MADISON AVENUE, 23RD FLOOR, NEW YORK, NY 10022

MEI NEW YORK, INC
115 BROADWAY, SUITE 1303, NEW YORK, NY 10006

MERCER ALLIED COMPANY, L.P.
321 BROADWAY, SARATOGA SPRINGS, NY 12866
Mailing Address: P.O. BOX 860, SARATOGA SPRINGS, NY 12866-0860

MERCOR SECURITIES LLC
455 MAIN STREET APT. 4E, NEW YORK, NY 10044
Mailing Address: FDR STATION PO BOX 55, NEW YORK, NY 10150

MERCURY CAPITAL ADVISORS, LLC
2 WORLD FINANCIAL CENTER, 29TH FLOOR, NEW YORK, NY 10281

MERCURY EQUITY GROUP, LLC
380 LEXINGTON AVENUE, SUITE 2020, NEW YORK, NY 10168

MEREDITH WHITNEY SECURITIES, LLC
50 WEST 57TH STREET, 2ND FLOOR, NEW YORK, NY 10019

MERGER & ACQUISITION CAPITAL SERVICES, INC.
336 EAST 53RD STREET, NEW YORK, NY 10022
Mailing Address: 336 EAST 53RD STREET, 4TH FLOOR, NEW YORK, NY 10022

MERIDIAN EQUITY PARTNERS, INC.
5 HANOVER SQUARE, 21ST FLOOR, NEW YORK, NY 10004
Mailing Address: C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 34TH FLOOR, NEW YORK, NY 10005

MERRILL LYNCH GOVERNMENT SECURITIES INC.
ONE BRYANT PARK, NEW YORK, NY 10036
Mailing Address: ONE BRYANT PARK, NY1-100-14-01, NEW YORK, NY 10036

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
222 BROADWAY - 6TH FLOOR, NY3-222-06-17, NEW YORK, NY 10038
Mailing Address: 222 BROADWAY, NY3-222-06-17, NEW YORK, NY 10038

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ONE BRYANT PARK, NEW YORK, NY 10036
Mailing Address: 101 S TRYON ST, NC1-002-19-44, CHARLOTTE, NC 28255

METCIRCLE SECURITIES LLC
103 EAST 84TH STREET, SUITE 5B, NEW YORK, NY 10028
Mailing Address: 103 EAST 84TH STREET, NEW YORK, NY 10028

METLIFE SECURITIES INC.
1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

MEYERS ASSOCIATES, L.P.
45 BROADWAY, 2ND FLOOR, NEW YORK, NY 10006

MF GLOBAL INC.
717 FIFTH AVENUE, 9TH FLOOR, NEW YORK, NY 10022

MFR SECURITIES, INC.
675 THIRD AVENUE, SUITE 1129, NEW YORK, NY 10017

MID-MARKET SECURITIES, LLC
24 JAMES ROAD, MOUNT KISCO, NY 10549

MIDAS SECURITIES GROUP, INC.
11 HANOVER SQUARE, 12TH FLOOR, NEW YORK, NY 10005
Mailing Address: 11 HANOVER SQUARE, NEW YORK, NY 10005

MIDDLEGATE SECURITIES LTD.
8 WEST 40TH STREET, 4TH FLOOR, NEW YORK, NY 10018-3805

MIDTOWN PARTNERS & CO., LLC
380 LEXINGTON AVE., SUITE 1769, NEW YORK, NY 10168

MILLER BUCKFIRE & CO., LLC
601 LEXINGTON AVE, 22ND FLOOR, NEW YORK, NY 10022

MILLER TABAK + CO., LLC
331 MADISON AVE, NEW YORK, NY 10017

MILLER TABAK ROBERTS SECURITIES, LLC
331 MADSON AVE 12TH FLOOR, NEW YORK, NY 10017
Mailing Address: 331 MADISON AVE 12TH FLOOR, NEW YORK, NY 10017

MIRAE ASSET SECURITIES (USA) INC.
1095 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK, NY 10036

MISMI, INC.
810 7TH AVENUE, SUITE 2200, NEW YORK, NY 10019

MITCHELL SECURITIES, INC.
213 VICTOR HERBERT RD, PO BOX 31, LAKE PLACID, NY 12946

MITSUBISHI UFJ SECURITIES (USA), INC.
1633 BROADWAY, 29TH FLOOR, NEW YORK, NY 10019-6708

MIZUHO SECURITIES USA INC.
320 PARK AVENUE, 12TH FLOOR, NEW YORK, NY 10022

MKM PARTNERS LLC
300 FIRST STAMFORD PLACE, 4TH FLOOR EAST WING, STAMFORD, CT 06902

MLV & CO. LLC
1251 AVENUE OF THE AMERICAS, NEW YORK, NY 10020
Mailing Address: 1251 AVENUE OF THE AMERICAS, NEW YORK, NY 10020

MMC SECURITIES CORP.
1166 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

MND PARTNERS, INC.
11 WALL STREET, NEW YORK, NY 10005
Mailing Address: 20 BROAD STREET, 5TH FLOOR, NEW YORK, NY 10005

MOELIS & COMPANY LLC
399 PARK AVENUE, 5TH FLOOR, NEW YORK, NY 10022

MOGAVERO LEE & CO INC.
20 BROAD STREET, 14TH FLOOR, NEW YORK, NY 10005

MOLECULAR SECURITIES INC.
45 ROCKEFELLER PLAZA, 20TH FLOOR, NEW YORK, NY 10111

MOMENTUM TRADING PARTNERS, LLC
17 STATE STREET, 11TH FLOOR, NEW YORK, NY 10004

MONARCH CAPITAL GROUP, LLC
500 FIFTH AVENUE, SUITE 2240, NEW YORK, NY 10110

MONARCH FINANCIAL CORPORATION OF AMERICA
420 LEXINGTON AVENUE, SUITE 300, NEW YORK, NY 10170

MONDIALE SECURITIES, LLC
75 ROCKEFELLER PLAZA, SUITE 2102, NEW YORK, NY 10019

MONNESS CRESPI HARDT & CO., INC.
767 THIRD AVENUE, NEW YORK, NY 10017-2047

MONTAG & JOSELSON
21 PARK DRIVE SOUTH, RYE, NY 10580

MOORGATE SECURITIES LLC
1 ROCKEFELLER PLAZA, 24TH FLOOR, NEW YORK, NY 10020

MORGAN JOSEPH TRIARTISAN CAPITAL LLC
600 FIFTH AVENUE, 14TH FLOOR, NEW YORK, NY 10020

MORGAN JOSEPH TRIARTISAN LLC
600 FIFTH AVENUE, 19TH FLOOR, NEW YORK, NY 10020
Mailing Address: 600 FIFTH AVENUE 19TH FLOOR, NEW YORK, NY 10020

MORGAN STANLEY & CO. LLC
1585 BROADWAY, NEW YORK, NY 10036-8293
Mailing Address: 1300 THAMES STREET WHARF, 6TH FLOOR, C/O NORTH AMERICAN REGISTRATION, BALTIMORE, MD 21231

MORGAN STANLEY DISTRIBUTION, INC.
522 FIFTH AVENUE, NEW YORK, NY 10036
Mailing Address: 201 PLAZA TWO - 2ND FLOOR, JERSEY CITY, NJ 07311

MORGAN STANLEY SMITH BARNEY
2000 WESTCHESTER AVENUE, PURCHASE, NY 10577-2530
Mailing Address: 1300 THAMES STREET, 6TH FLOOR, BALTIMORE, MD 21231

MORGAN WILSHIRE SECURITIES, INC.
960 FRANKLIN AVENUE, 2ND FLOOR, GARDEN CITY, NY 11530

MORNINGSIDE SECURITIES, LLC
30 IRVING PLACE, NEW YORK, NY 10003

MPS FIXED INCOME LLC
101 PARK AVENUE, 14TH FLOOR, NEW YORK, NY 10178
Mailing Address: 101 PARK AVENUE, 14TH FLOOR, NEW YORK, NY 10178

MPS GLOBAL SECURITIES, LLC
101 PARK AVENUE, 14TH FLOOR, NEW YORK, NY 10178

MS GLOBAL FINANCE, LLC
500 FIFTH AVENUE, SUITE 3000, NEW YORK, NY 10110

MS SECURITIES SERVICES INC.
1585 BROADWAY, NEW YORK, NY 10036-8293
Mailing Address: NORTH AMERICAN REGISTRATION, 1300 THAMES STREET, 6TH FLOOR, BALTIMORE, MD 21231

MTS SECURITIES, LLC
623 FIFTH AVENUE, 14TH FLOOR, NEW YORK, NY 10022

MURIEL SIEBERT & CO., INC.
885 THIRD AVENUE STE 1720, NEW YORK, NY 10022

MURPHY & DURIEU
120 BROADWAY, 17TH FLOOR, NEW YORK, NY 10271
Mailing Address: 120 BROADWAY-17TH FL, NEW YORK, NY 10271

MUTUAL FUNDS ASSOCIATES INC.
1701 CHILI AVE, ROCHESTER, NY 14624

MUTUAL OF AMERICA LIFE INSURANCE COMPANY
320 PARK AVENUE, NEW YORK, NY 10022
Mailing Address: 320 PARK AVENUE, NEW YORK, NY 10022-3869

MUTUAL OF AMERICA SECURITIES CORPORATION
320 PARK AVENUE, NEW YORK, NY 10022
Mailing Address: 320 PARK AVENUE, NEW YORK, NY 10022-3869

MVP FINANCIAL, LLC
15 WILLIAM STREET, SUITE 7A, NEW YORK, NY 10005

MYD MARKET, INC
608 5TH AVENUE, SUITE 203, NEW YORK, NY 10020

N. HAHN & CO., INC.
230 PARK AVENUE, NEW YORK, NY 10169
Mailing Address: P.O. BOX 3230, NEW YORK, NY 10163

N.A. INVESTCORP LLC
280 PARK AVENUE, 38TH FLOOR, NEW YORK, NY 10017

N.B. ZOULLAS SECURITIES, INC.
555 MADISON AVENUE, 17TH FLOOR, NEW YORK, NY 10022
Mailing Address: 555 MADISON AVENUNE, 17TH FLOOR, NEW YORK, NY 10022

NABSECURITIES, LLC
245 PARK AVE 28TH FL, NEW YORK, NY 10167

NANES, DELORME CAPITAL MANAGEMENT LLC
400 MADISON AVENUE, SUITE 12C, NEW YORK, NY 10017

NASDAQ EXECUTION SERVICES, LLC
ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK, NY 10006
Mailing Address: ONE LIBERTY PLAZA, 51ST FLOOR, NEW YORK, NY 10006

NASDAQ OPTIONS SERVICES, LLC
ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK, NY 10006
Mailing Address: ONE LIBERTY PLAZA, 51ST FLOOR, NEW YORK, NY 10006

NATIONAL BANK OF CANADA FINANCIAL INC.
65 EAST 55TH STREET, 31ST FLOOR, NEW YORK, NY 10022

NATIVEONE INSTITUTIONAL TRADING, LLC.
30 BROAD STREET, 20TH FLOOR, NEW YORK, NY 10004

NATIXIS SECURITIES AMERICAS LLC
9 W. 57TH STREET, 35TH FLOOR, NEW YORK, NY 10019

NAVPOINT, LLC
70 E. 55TH STREET, 17 FLOOR, NEW YORK, NY 10022

NCB SECURITIES, LLC
330 MADISON AVENUE, 6TH FLOOR, NEW YORK, NY 10017

NEEDHAM & COMPANY, LLC
445 PARK AVENUE, NEW YORK, NY 10022-2602

NELKIN CAPITAL MANAGEMENT, INC.
111 GREAT NECK ROAD, SUITE 304, GREAT NECK, NY 11021

NELSON CAPITAL COMPANY
500 PINE STREET, SUITE 8, JAMESTOWN, NY 14701
Mailing Address: 90 HOWARD STREET, JAMESTOWN, NY 14701

NEUBERGER BERMAN LLC
605 THIRD AVENUE, NEW YORK, NY 10158-3698

NEUBERGER BERMAN MANAGEMENT LLC
605 THIRD AVENUE, NEW YORK, NY 10158-0180

NEW ENGLAND SECURITIES
1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036
Mailing Address: C/O METLIFE SECURITIES, INC., 1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

NEW HORIZONS ASSET MANAGEMENT GROUP, LLC
11 RACQUET ROAD, NEWBURGH, NY 12550
Mailing Address: P.O. BOX 10009, NEWBURGH, NY 12552

NEWCOURT SECURITIES, LTD
23 WARING RD, POUND RIDGE, NY 10576

NEWOAK CAPITAL MARKETS LLC
485 LEXINGTON AVE., 25TH FL., NEW YORK, NY 10017

NGC FINANCIAL, LLC
2444 FRANCIS LEWIS BLVD, WHITESTONE, NY 11357

NIAGARA INTERNATIONAL CAPITAL LIMITED
8940 MAIN STREET, CLARENCE, NY 14031

NOMURA SECURITIES INTERNATIONAL, INC.
2 WORLD FINANCIAL CTR-BLDG B, NEW YORK, NY 10281-1198
Mailing Address: 2 WORLD FINANCIAL CTR-BLDG. B, NEW YORK, NY 10281-1198

NOMURA SECURITIES NORTH AMERICA, LLC
2 WORLD FINANCIAL CENTER, BUILDING B, NEW YORK, NY 10281

NORDBERG CAPITAL PARTNERS, INC.
641 LEXINGTON AVENUE, NEW YORK, NY 10022

NORFOLK MARKETS, LLC
360 MADISON AVENUE, 24TH FLOOR, NEW YORK, NY 10017

NORTH NASSAU ADVISORS, LLC
485 UNDERHILL BLVD,, SUITE 103, SYOSSET, NY 11791

NORTH RIDGE SECURITIES CORP.
1895 WALT WHITMAN RD, MELVILLE, NY 11747-3031

NORTH SEA SECURITIES L.P.
350 MADISON AVENUE, 8TH FLOOR, NEW YORK, NY 10017

NORTHEAST CAPITAL MARKETS CORP.
7 AIRPORT PARK BOULEVARD, FLOOR 2, LATHAM, NY 12110

NORTHEAST SECURITIES, INC.
333 EARLE OVINGTON BLVD, 7TH FLOOR, MITCHELFIELD, NY 11553

NUMIS SECURITIES INC.
275 MADISON AVENUE, 40TH FLOOR, NEW YORK, NY 10016

NW ADVISORS LLC
ONE ROCKEFELLER PLAZA, SUITE 1505, NEW YORK, NY 10020

NYLIFE SECURITIES LLC
51 MADISON AVE., ROOM 713, NEW YORK, NY 10010
Mailing Address: 51 MADISON AVENUE, ROOM 713, NEW YORK, NY 10010

NYPPEX, LLC
800 WESTCHESTER AVENUE, SUITE N 349, RYE BROOK, NY 10573

O'TOOLE INSURANCE & SECURITIES
14-30 COLLEGE POINT BLVD, COLLEGE POINT, NY 11356

OBERON SECURITIES, LLC
1412 BROADWAY, 23RD FLOOR, NEW YORK, NY 10018

OBEX SECURITIES LLC
1865 PALMER AVENUE, SUITE 208, LARCHMONT, NY 10538

OBSIDIAN FINANCIAL GROUP, LLC
1000 WOODBURY ROAD SUITE 110, WOODBURY, NY 11797

OCCOM CAPITAL PARTNERS, LLC
140 BROADWAY, NEW YORK, NY 10005
Mailing Address: 75 PEARL STREET, PORTLAND, ME 04101

OCEANUS SECURITIES, LLC
17 BATTERY PLACE, SUITE 723, NEW YORK, NY 10004

ODDO SECURITIES CORPORATION
150 EAST 52ND STREET, 9TH FLOOR, NEW YORK, NY 10022

ODEON CAPITAL GROUP LLC
750 LEXINGTON AVENUE, 26TH FL., NEW YORK, NY 10022

OLIVETREE USA, LLC
254 WEST 54TH STREET, 17TH FLOOR, NEW YORK, NY 10019

OLSON, CROSS & ALAMO LLC
120 BROADWAY, 10TH FLOOR, NEW YORK, NY 10271

OLSTEIN CAPITAL MANAGEMENT, L.P.
4 MANHATTANVILLE ROAD, PURCHASE, NY 10577-2119
Mailing Address: 4 MANHATTANVILLE ROAD, PURCHASE, NY 10577

OLYMPIA ASSET MANAGEMENT,LTD.
888 7TH AVENUE / 17TH FLOOR, NEW YORK, NY 10019

OMNICAP, LLC
415 MADISON AVE, 7TH FLOOR, NEW YORK, NY 10017

OPENX MARKETS, LLC
101 PARK AVE, 7TH FLR, NEW YORK, NY 10178

OPL SECURITIES, LLC
34 LEONARD STREET, APT. 5A, NEW YORK, NY 10013
Mailing Address: 28808 CLIFFSIDE DRIVE, MALIBU, CA 90265

OPPENHEIMER & CLOSE, INC.
119 WEST 57TH STREET, SUITE 1515, NEW YORK, NY 10019

OPPENHEIMER & CO. INC.
125 BROAD STREET, 16TH FLOOR, NEW YORK, NY 10004
Mailing Address: 125 BROAD STREET, 16TH FLOOR, NY, NY 10004

OPPENHEIMERFUNDS DISTRIBUTOR, INC.
2 WORLD FINANCIAL CENTER, 225 LIBERTY STREET - 11TH FLOOR, NEW YORK, NY 10281-1008
Mailing Address: 6803 SOUTH TUCSON WAY, CENTENNIAL, CO 80112

OPUS POINT & CO., LLC
787 SEVENTH AVENUE, 48TH FLOOR, NEW YORK, NY 10019

OSCAR GRUSS & SON INCORPORATED
292 MADISON AVENUE, 14TH FLOOR, NEW YORK, NY 10017

OTA LLC
ONE MANHATTANVILLE ROAD, PURCHASE, NY 10577

OTKRITIE INC.
1350 AVENUE OF THE AMERICAS, SUITE 730, NEW YORK, NY 10019

OTR GLOBAL TRADING LLC
1 MANHATTANVILLE ROAD, PURCHASE, NY 10577
Mailing Address: 1 MANHATTANVILLE ROAD, PURCHASE, NY 10577

OUNAVARRA CAPITAL LLC
410 PARK AVENUE, SUITE 510, NEW YORK, NY 10022

OXBRIDGE, LLC
420 LEXINGTON AVENUE, SUITE 1425, NEW YORK, NY 10170
Mailing Address: 420 LEXINGTON AVENUE, SUITE 1425, NEW YORK, NY 10170

               
P & A FINANCIAL SECURITIES, INC.
5900 MAIN ST., WILLIAMSVILLE, NY 14221
Mailing Address: 5900 MAIN ST., WILLAIMSVILLE, NY 14221

P. A. N. SECURITIES, LP
233 BROADWAY, 24TH FLOOR, NEW YORK, NY 10279

P. R. HERZIG & CO. INC.
1 EXPRESSWAY PLAZA, SUITE 200, ROSLYN HEIGHTS, NY 11577

PACE CAPITAL CORP.
950 THIRD AVENUE, NEW YORK, NY 10022

PACIFIC EPOCH CAPITAL, LLC
570 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK, NY 10022

PALAZZO SECURITIES LLC
145 WEST 57TH STREET, 17TH FLOOR, NEW YORK, NY 10019
Mailing Address: 145 WEST 57TH STREET, 17TH FLOOR, NEW YORK, NY 10010

PALLADIUM CAPITAL ADVISORS, LLC
230 PARK AVENUE, SUITE 539, NEW YORK, NY 10169
Mailing Address: 230 PARK AVENUE, SUITE 539, NEW YORK, NY 10169

PALMETTO ADVISORY GROUP
210 YELLOWTHROAT LANE, KIAWAH ISLAND, SC 29455

PANAMERICAN CAPITAL SECURITIES LLC
745 5TH AVENUE, SUITE 1406, NEW YORK, NY 10151

PAPAMARKOU WELLNER & CO., INC.
399 PARK AVENUE, 38TH FLOOR, NEW YORK, NY 10022

PARAGON CAPITAL PARTNERS, LLC
450 PARK AVENUE, SUITE 2500, NEW YORK, NY 10022

PARAMAX SECURITIES, LLC
333 INTERNATIONAL DRIVE, SUITE A, WILLIAMSVILLE, NY 14221

PARETO SECURITIES INC.
150 EAST 52ND STREET, 29TH FLOOR, NEW YORK, NY 10022

PARK AVENUE SECURITIES LLC
7 HANOVER SQUARE, NEW YORK, NY 10004

PARK HILL GROUP LLC
101 CALIFORNIA STREET, SUITE 2880, SAN FRANCISCO, CA 94111
Mailing Address: 345 PARK AVENUE, 15TH FLOOR, NEW YORK, NY 10154

PARK HILL REAL ESTATE GROUP LLC
345 PARK AVENUE, 15TH FLOOR, NEW YORK, NY 10154

PARK MADISON PARTNERS LLC
200 HARBOR RD., PORT WASHINGTON, NY 11050

PARK SUTTON SECURITIES, LLC
295 MADISON AVENUE, 12TH FLOOR, NEW YORK, NY 10017

PARKBROOK CAPITAL LLC
450 PARK AVENUE, SUITE 1800, NEW YORK, NY 10022
Mailing Address: 450 PARK AVENUE, SUITE 1800, NEW YORK, NY 10022

PAYCHEX SECURITIES CORPORATION
1175 JOHN STREET, WEST HENRIETTA, NY 14586

PENSERRA SECURITIES, LLC
20 BROAD STREET, SUITE 2602, NEW YORK, NY 10005

PENSION FUND EVALUATIONS, INC.
2450 MIDDLE COUNTRY ROAD, SUITE 102 & 103, CENTEREACH, NY 11720

PENTEGRA DISTRIBUTORS INC.
108 CORPORATE PARK DRIVE, WHITE PLAINS, NY 10604

PERELLA WEINBERG PARTNERS LP
767 FIFTH AVENUE, NEW YORK, NY 10153

PERTH ADVISORS LLC
40 WALL STREET, SUITE 2807, NEW YORK, NY 10005

PETER J. SOLOMON SECURITIES COMPANY, LLC
520 MADISON AVE, NEW YORK, NY 10022

PETER MANCUSO & CO L.P.
C/O ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10005

PETER R. MACK & CO., INC.
19 E. 71ST ST., NEW YORK, NY 10021
Mailing Address: 19 EAST 71ST ST., SUITE 3A, NEW YORK, NY 10021

PETSKY PRUNIER SECURITIES, LLC
60 BROAD STREET, 38TH FLOOR, NEW YORK, NY 10004

PEX GLOBAL INC.
575 LEXINGTON AVENUE, 4TH FLOOR, NEW YORK, NY 10022

PHARUS SECURITIES, LLC
551 5TH AVENUE, SUITE 1125, NEW YORK, NY 10176
Mailing Address: 551 5TH AVENUE, SUITE 1125, NEW YORK, NY 10176

PHD CAPITAL
5 HANOVER SQ, NEW YORK, NY 10004
Mailing Address: 5 HANOVER SQ., NEW YORK, NY 10004

PHOENIX DERIVATIVES GROUP, LLC
315 PARK AVE. SOUTH, NEW YORK, NY 10010

PICKWICK CAPITAL PARTNERS, LLC
445 HAMILTON AVENUE, SUITE 1102, WHITE PLAINS, NY 10601

PICO QUANTITATIVE TRADING LLC
120 BROADWAY 20TH FLR SUITE 2010-01, NEW YORK, NY 10271

PIMCO INVESTMENTS LLC
1633 BROADWAY, 45TH FLOOR, NEW YORK, NY 10019

PIN FINANCIAL, LLC
224 WEST 29TH STREET 12TH FLOOR, NEW YORK, NY 10001

PINEBRIDGE SECURITIES LLC
399 PARK AVENUE, 4TH FLOOR, NEW YORK, NY 10022

PINNACLE INVESTMENTS, LLC
507 PLUM STREET, SUITE 120, SYRACUSE, NY 13204

PIONEER PORTFOLIO CORP.
20 REITH STREET, COPIAGUE, NY 11726
Mailing Address: 20 REITH STREET, COPIAGUE, NY 11726

PIPELINE TRADING SYSTEMS LLC
60 E. 42ND STREET, SUITE 624, NEW YORK, NY 10165
Mailing Address: 60 E. 42ND STREET, SUITE 624, NEW YORK, NY 10165

PLANET BROKERAGE, LLC
50 BATTERY PLACE, #7F, NEW YORK, NY 10280
Mailing Address: 1488 EAST 27TH STREET, BROOKLYN, NY 11210

PLANMEMBER SECURITIES CORPORATION
6187 CARPINTERIA AVENUE, CARPINTERIA, CA 93013-2060

PLANNED FINANCIAL PROGRAMS, INC.
734 WALT WHITMAN ROAD, MELVILLE, NY 11747-2216

PLANNER SECURITIES LLC
150 E. 52ND STREET, 7TH FLOOR, NEW YORK, NY 10022

PLUS SECURITIES LLC
1251 AVENUE OF THE AMERICAS, 50TH FLOOR, NEW YORK, NY 10020

PORTALES PARTNERS, LLC
32 EAST 31ST ST, 10TH FLOOR, NEW YORK, NY 10016
Mailing Address: 32 EAST 31ST ST, NEW YORK, NY 10016

PORTFOLIO ADVISORS ALLIANCE, INC.
360 LEXINGTON AVE, 18TH FLOOR, NEW YORK, NY 10017
Mailing Address: 360 LEXINGTON AVENUE, 18TH FLOOR, NEW YORK, NY 10017

POTEN CAPITAL SERVICES, LLC
805 THIRD AVENUE, NEW YORK, NY 10022

PRAGMA SECURITIES LLC
360 PARK AVE. SOUTH, 20TH FLOOR, NEW YORK, NY 10010

PRIMARY CAPITAL, LLC
80 WALL STREET 5TH FLOOR, NEW YORK, NY 10005

PRIME CAPITAL SERVICES, INC.
11 RAYMOND AVENUE, POUGHKEEPSIE, NY 12603

PRIME DEALER SERVICES CORP.
1221 AVENUE OF THE AMERICAS, NEW YORK, NY 10020
Mailing Address: NORTH AMERICAN REGISTRATION, 1300 THAMES STREET, 6TH FLOOR, BALTIMORE, MD 21231

PRIME EXECUTIONS, INC.
40 WALL STREET - SUITE 1704, NEW YORK, NY 10005
Mailing Address: C/O ACCOUNTING AND COMPLIANCE INTERNATIONAL, 40 WALL STREET - SUITE 1704, NEW YORK, NY 10005

PRIMEX
45 KNOLLWOOD ROAD, 4TH FLOOR, ELMSFORD, NY 10523

PRINCIPLED ADVISORS, INC.
1110 SOUTH AVENUE, STATEN ISLAND, NY 10314

PROFECTUS INVESTMENTS, LLC
100 WALL STREET - 8TH FLOOR, NEW YORK, NY 10005

PROFOR SECURITIES, LLC
708 THIRD AVENUE, 5TH FLOOR, NEW YORK, NY 10017-4201

PUMA CAPITAL, LLC
488 MADISON AVE, SUITE 1706, NEW YORK, NY 10022

PURSHE KAPLAN STERLING INVESTMENTS
18 CORPORATE WOODS BLVD, ALBANY, NY 12211

PYRAMID FUNDS CORPORATION
21 EVERETT ROAD EXTENSION, ALBANY, NY 12205

QUATTRO M SECURITIES INC.
2 WHITE BIRCH ROAD, POUND RIDGE, NY 10576-2324

QUESTRION RESEARCH CORPORATION
150 EAST 52ND STREET, NEW YORK, NY 10022

R. F. LAFFERTY & CO., INC.
80 BROAD ST - 26 FLOOR, NEW YORK, NY 10004

R. L. RENCK & CO., INC.
116 WEST 23RD STREET, SUITE 500, NEW YORK, NY 10011

R.W.PRESSPRICH & CO.
520 MADISON AVENUE - 28TH FLOOR, NEW YORK, NY 10022
Mailing Address: 520 MADISON AVENUE 28TH FLOOR, NEW YORK, NY 10022

RABO SECURITIES USA, INC.
245 PARK AVENUE, NEW YORK, NY 10167-0062

RADIANT SECURITIES LLC
145 WEST 45TH STREET, 10TH FLOOR, NEW YORK, NY 10036

RAFFERTY CAPITAL MARKETS, LLC
59 HILTON AVENUE, GARDEN CITY, NY 11530

RAINE SECURITIES LLC
810 SEVENTH AVENUE, 39TH FLOOR, NEW YORK, NY 10019

RAPHAEL ARYEH AND ASSOCIATES
141-51 72ND CRESCENT, FLUSHING, NY 11367

RAPTORNET
501 MADISON AVENUE, SUITE 201, NEW YORK, NY 10022

RAVEN SECURITIES CORP.
ACCOUNTING & COMPLIANCE INTERNATIONAL, 40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10005

RAYMOND C. FORBES & CO., INC.
30 BROAD STREET, 20TH FLOOR, NEW YORK, NY 10004

RB INTERNATIONAL MARKETS (USA) LLC
1133 AVE. OF THE AMERICAS, 16TH FLOOR, NEW YORK, NY 10036

RBC CAPITAL MARKETS ARBITRAGE, S.A.
3 WORLD FINANCIAL CENTER, 200 VESEY STREET - 14TH FLOOR, NEW YORK, NY 10281

RBC CAPITAL MARKETS, LLC
3 WORLD FINANCIAL CENTER, 200 VESEY ST., NEW YORK, NY 10281

RCAP SECURITIES, INC.
1211 AVENUE OF THE AMERICAS, SUITE 2902, NEW YORK, NY 10036

RCG, LLC
885 THIRD AVENUE, 25TH FLOOR, NEW YORK, NY 10022

REDBURN PARTNERS (USA) LP
565 FIFTH AVENUE, 26 FLOOR, NEW YORK, NY 10017

REICH & TANG DISTRIBUTORS, INC.
1411 BROADWAY, 28TH FLOOR, NEW YORK, NY 10018-3450

REID & RUDIGER LLC
110 WALL STREET, NEW YORK, NY 10005

REID AND ASSOCIATES, LLC
14 COMPUTER DRIVE EAST, ALBANY, NY 12205

REIGNS CAPITAL, LTD.
235 MAIN STREET, SUITE 318, WHITE PLAINS, NY 10601

RELIGARE CAPITAL MARKETS INC.
375 PARK AVENUE, SUITE 2508, NEW YORK, NY 10152

RENAISSANCE INSTITUTIONAL MANAGEMENT LLC
800 THIRD AVENUE, NEW YORK, NY 10022

RENCAP SECURITIES, INC.
780 THIRD AVENUE, 20TH FLOOR, NEW YORK, NY 10017

RENSSELAER SECURITIES CORP.
1000 KENWOOD CT, LATHAM, NY 12110
Mailing Address: PO BOX 928, LATHAM, NY 12110

RESOURCE PRODUCTION ADVISORS, LLC
1230 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK, NY 10020

REUTERS TRANSACTION SERVICES LLC
3 TIMES SQUARE, NEW YORK, NY 10036

REUVEN ENTERPRISES SECURITIES DIVISION, LLC
90 BROAD STREET, SUITE 1504, NEW YORK, NY 10004

REVA CAPITAL MARKETS LLC
230 PARK AVENUE, 10TH FLOOR, NEW YORK, NY 10169

RHINO TRADING PARTNERS, LLC
80 BROAD STREET, 5TH FLOOR, NEW YORK, NY 10004

RHONE GROUP ADVISORS LLC
630 FIFTH AVENUE, SUITE 2710, NEW YORK, NY 10111

RICE FINANCIAL PRODUCTS COMPANY
17 STATE STREET, 40TH FLOOR, NEW YORK, NY 10004

RIDGE CLEARING & OUTSOURCING SOLUTIONS, INC.
1981 MARCUS AVENUE, LAKE SUCCESS, NY 11040
Mailing Address: 2 JOURNAL SQUARE PLAZA, 3RD FLOOR, JERSEY CITY, NJ 07306

RIDGEWAY & CONGER, INC.
2123 MAIN STREET, NEW WOODSTOCK, NY 13122
Mailing Address: 2123 MAIN STREET PO BOX 460, NEW WOODSTOCK, NY 13122

RIM SECURITIES LLC
570 LEXINGTON AVENUE, NEW YORK, NY 10022

RIVERBANK CAPITAL SECURITIES, INC.
689 5TH AVENUE, SUITE #12, NEW YORK, NY 10022

RK EQUITY CAPITAL MARKETS LLC
650 FIFTH AVENUE, 4TH FLOOR, NEW YORK, NY 10019

RNR SECURITIES, L.L.C.
1802 HEMPSTEAD TPKE, EAST MEADOW, NY 11554-1032

ROBECO SECURITIES, L.L.C.
909 THIRD AVENUE, 32ND FLOOR, NEW YORK, NY 10022

ROBERT R. MEREDITH & CO., INC.
100 PARK AVENUE, 20TH FLOOR, NEW YORK, NY 10017

ROBERTS MITANI, LLC
145 WEST 57TH STREET, 21ST FLOOR, NEW YORK, NY 10019

ROBOTTI & COMPANY, LLC
6 EAST 43RD ST., 23RD FLOOR, NEW YORK, NY 10017-4651

ROC GLOBAL SECURITIES LLC
330 MADISON AVENUE, 9TH FLOOR - SUITE 919/984, NEW YORK, NY 10017

ROCKFLEET FINANCIAL SERVICES, INC
515 MADISON AVENUE, 27TH FL, NEW YORK, NY 10022

ROCKWELL GLOBAL CAPITAL LLC
125 BAYLIS ROAD, SUITE 280, MELVILLE, NY 11747

ROCKWELL SECURITIES LLC
1 PENN PLAZA, SUITE 1624, NEW YORK, NY 10119
Mailing Address: 1 PENN PLAZA, SUITE1624, NEW YORK, NY 10119

RODMAN & RENSHAW, LLC
1251 AVENUE OF THE AMERICAS, 20TH FL, NEW YORK, NY 10020

ROOSEVELT & CROSS, INCORPORATED
ONE EXCHANGE PLAZA, 55 BROADWAY, NEW YORK, NY 10006

ROSENBLATT SECURITIES INC.
20 BROAD STREET, 26TH FLOOR, NEW YORK, NY 10005

ROSS SECURITIES CORPORATION
1270 AVENUE OF THE AMERICAS - 20TH FLOOR, NEW YORK, NY 10020

ROSSOFF & CO. LLC
101 CENTRAL PARK WEST APT. 9G, NEW YORK, NY 10023

ROTHSCHILD INC.
1251 AVENUE OF THE AMERICAS, NEW YORK, NY 10020

ROUNDTABLE CAPITAL SERVICES LLC
280 PARK AVENUE, 23RD FLOOR, NEW YORK, NY 10017-1216

ROYAL ALLIANCE ASSOCIATES, INC.
ONE WORLD FINANCIAL CENTER, 15TH FLOOR, NEW YORK, NY 10281

ROYCE FUND SERVICES, INC.
745 5TH AVENUE, NEW YORK, NY 10151

RP&C INTERNATIONAL (SECURITIES), INC.
630 FIFTH AVENUE, 20TH FLOOR, NEW YORK, NY 10111

RS PLATOU MARKETS INC.
410 PARK AVENUE, SUITE 710, NEW YORK, NY 10022

RUANE, CUNNIFF & GOLDFARB LLC
767 FIFTH AVENUE, SUITE 4701, NEW YORK, NY 10153-4798

S. GOLDMAN ADVISORS, LLC
825 THIRD AVENUE, 34TH FLOOR, NEW YORK, NY 10022

S. GOLDMAN CAPITAL LLC
825 THIRD AVENUE, 34TH FLOOR, NEW YORK, NY 10022

S.C. PARKER & CO., INC.
5892 MAIN STREET, WILLIAMSVILLE, NY 14221-8284

S.J. LEVINSON & SONS LLC
2700 WESTCHESTER AVENUE, SUITE 109, PURCHASE, NY 10577
Mailing Address: 2700 WESTCHESTER AVENUE, SUITE 109, PURCHASE, NY 10577

SAFRA SECURITIES LLC
546 FIFTH AVE, NEW YORK, NY 10036

SAGE, RUTTY & CO., INC.
100 CORPORATE WOODS, SUITE 300, ROCHESTER, NY 14623

SAGENT ADVISORS INC.
299 PARK AVENUE, 9TH FLOOR, NEW YORK, NY 10171

SALOMON WHITNEY LLC
15 DEER PARK AVE, SUITE 1, BABYLON VILLAGE, NY 11702

SAMSUNG SECURITIES (AMERICA), INC.
1330 AVENUE OF AMERICAS, 26TH FLOOR, NEW YORK, NY 10019

SAMUEL A RAMIREZ & CO., INC.
61 BROADWAY, SUITE 2924, NEW YORK, NY 10006
Mailing Address: 61 BROADWAY STE 2924, NEW YORK, NY 10006

SAMURAI TRADING, LLC
515 MADISON AVENUE, 22ND FLOOR, NEW YORK, NY 10022
Mailing Address: 515 MADISON AVENUE, NEW YORK, NY 10022

SANDGRAIN SECURITIES, INC.
1050 FRANKLIN AVENUE, SUITE 302, GARDEN CITY, NY 11530-1204

SANDLER, O'NEILL & PARTNERS, L.P.
919 THIRD AVENUE, NEW YORK, NY 10022
Mailing Address: 919 THIRD AVENUE, NEW YORK, NY 10022

SANFORD C. BERNSTEIN & CO., LLC
1345 AVENUE OF THE AMERICAS, NEW YORK, NY 10105
Mailing Address: 1345 AVENUE OF THE AMERICAS, 17TH FLOOR, NEW YORK, NY 10105

SANTANDER INVESTMENT SECURITIES INC.
45 EAST 53RD STREET, NEW YORK, NY 10022

SAPERSTON ASSET MANAGEMENT, INC.
172 LAKE STREEET, HAMBURG, NY 14075
Mailing Address: 172 LAKE STREET, HAMBURG, NY 14075

SARATOGA CAPITAL MARKETS
111 BROADWAY, SUITE 1001, NEW YORK, NY 10006

SAWAYA SEGALAS SECURITIES, LLC
888 SEVENTH AVENUE, 8TH FLOOR, NEW YORK, NY 10019

SAXIS GROUP, LLC.
636 7TH AVENUE NORTH, SAINT PETERSBURG, FL 33701
Mailing Address: 17 STATE ST, 11TH FLOOR, MAILBOX 101, NEW YORK, NY 10004

SCARSDALE EQUITIES LLC
10 ROCKEFELLER PLAZA, SUITE 720, NEW YORK, NY 10020
Mailing Address: 10 ROCKEFELLER PLAZA, SUITE 720, NEW YORK, NY 10020

SCHOTTENFELD GROUP LLC
800 THIRD AVENUE, 10TH FLOOR, NEW YORK, NY 10022

SCHRODER FUND ADVISORS LLC
875 THIRD AVENUE, 22ND FLOOR, NEW YORK, NY 10022-6225

SCIUS SECURITIES LLC
211 MADISON AVENUE, NEW YORK, NY 10016

SCOTIA CAPITAL (USA) INC.
1 LIBERTY PLAZA, 165 BROADWAY, NEW YORK, NY 10006

SCOTT-MACON SECURITIES, INC.
800 THIRD AVE., 16TH FL., NEW YORK, NY 10022
Mailing Address: 800 THIRD AVE.,, 16TH FL., NEW YORK, NY 10022

SCURA PARTNERS SECURITIES LLC
489 FIFTH AVENUE, 15TH FLOOR, NEW YORK, NY 10017

SDDCO BROKERAGE ADVISORS LLC
485 MADISON AVENUE, 2ND FLOOR, NEW YORK, NY 10022

SEA PORT GROUP SECURITIES, LLC
360 MADISON AVE, 22ND FLOOR, NEW YORK, NY 10017

SEAPORT SECURITIES CORP.
60 BROAD STREET, NEW YORK, NY 10004
Mailing Address: 60 BROAD STREET, NEW YORK, NY 10004

SEAVIEW SECURITIES LLC
117 EAST 55TH STREET, 4TH FLOOR, NEW YORK, NY 10022

SEB ENSKILDA, INC.
245 PARK AVENUE, 42ND FLOOR, NEW YORK, NY 10167

SECONDCAP AMERICA LLC
35 PURCHASE STREET, SUITE 202, RYE, NY 10580

SECONDMARKET, INC.
26 BROADWAY, 12TH FLOOR, NEW YORK, NY 10004

SEIDEL & SHAW L.L.C.
40 EXCHANGE PLACE, NEW YORK, NY 10005

SEMAZA SECURITIES, LLC
7101 4TH AVE, UNIT C4, BROOKLYN, NY 11209

SEMINOLE FINANCIAL
ONE SEAPORT PLAZA, 19TH FLOOR, NEW YORK, NY 10038

SENATE SECURITIES
253 WALL STREET, KINGSTON, NY 12401
Mailing Address: 253 WALL STREET, P.O. BOX 3576, KINGSTON, NY 12402

SENTINEL BROKERS COMPANY, INC.
20 BROADWAY, MASSAPEQUA, NY 11758

SENVEST INTERNATIONAL L.L.C.
110 EAST 55TH STREET 16TH FLOOR, NEW YORK, NY 10022

SEVARA CAPITAL MARKETS, LLC
1370 AVENUE OF THE AMERICAS, 20TH FL., NEW YORK, NY 10019

SEVEN POINTS CAPITAL, LLC
825 THIRD AVENUE, 2ND FLOOR, NEW YORK, NY 10022

SG AMERICAS SECURITIES, LLC
1221 AVENUE OF THE AMERICAS, NEW YORK, NY 10020

SGI CAMBIUM SECURITIES LLC
C/O SCHUPAK GROUP INC. 595 MADISON AVE., NEW YORK, NY 10022

SHEARMAN, RALSTON INC.
17 BATTERY PLACE-STE. 923, NEW YORK, NY 10004

SHELBY CULLOM DAVIS & CO., L.P.
620 5TH AVENUE, 2ND FLOOR, NEW YORK, NY 10020

SHINHAN INVESTMENT AMERICA INC.
1325 AVENUE OF THE AMERICAS STE. 702, NEW YORK, NY 10019

SHORT HILLS CAPITAL LLC
251 E. 51ST ST.; STE 9C, NEW YORK, NY 10022

SHUFRO, ROSE & CO., LLC
745 FIFTH AVENUE, 26TH FLOOR, NEW YORK, NY 10151-2600

SIDOTI & COMPANY, LLC
317 MADISON AVENUE SUITE 1410, NEW YORK, NY 10017
Mailing Address: 317 MADISON AVENUE SUITE 1400, NEW YORK, NY 10017

SIG BROKERAGE, LP
140 BROADWAY, 47TH FLOOR, NEW YORK, NY 10005
Mailing Address: 401 CITY LANE AVE, BALA CYNWYD, PA 19004

SIGNATURE SECURITIES
29 WEST 38TH STREET, 9TH FLOOR, NEW YORK, NY 10018

SILVER LANE ADVISORS LLC
515 MADISON AVENUE, 35TH FLOOR, NEW YORK, NY 10022

SILVER LEAF PARTNERS, LLC
420 LEXINGTON AVENUE, SUITE 2225, NEW YORK, NY 10170-2200

SILVERGROVE ADVISORS LLC
275 MADISON AVE., SUITE 1415, NEW YORK, NY 10016

SIXPOINT PARTNERS LLC
909 THIRD AVENUE, 15TH FLOOR, NEW YORK, NY 10022

SLUSSER ASSOCIATES INC.
250 PARK AVENUE, SUITE 7063, NEW YORK, NY 10177

SMBC NIKKO SECURITIES AMERICA, INC.
277 PARK AVENUE FIFTH FLOOR, NEW YORK, NY 10172

SMF TRADING, INC.
11 BROADWAY, SUITE 1532A, NEW YORK, NY 10004

SMITH ASSET MANAGEMENT, INC.
111 BROADWAY, SUITE 808, NEW YORK, NY 10006

SONENSHINE & COMPANY LLC
400 PARK AVENUE, 17TH FLOOR, NEW YORK, NY 10022
Mailing Address: 400 PARK AVENUE, 17TH FLOOR, NEW YORK, NY 10022

SOUTH STREET SECURITIES LLC
825 THIRD AVE, 35TH FLOOR, NEW YORK, NY 10022

SOUTHAMPTON INVESTMENT SERVICES INC.
33 WHITEHALL STREET, 6TH FLOOR, NEW YORK, NY 10004

SPARRING PARTNERS CAPITAL LLC
420 LEXINGTON AVENUE, SUITE 2458, NEW YORK CITY, NY 10170

SPARTAN CAPITAL SECURITIES, LLC
45 BROADWAY, 9TH FLOOR, NEW YORK, NY 10006

SPEAR, LEEDS & KELLOGG SPECIALISTS LLC
200 WEST STREET, NEW YORK, NY 10282-2198
Mailing Address: 30 HUDSON STREET, 27TH FLOOR, JERSEY CITY, NJ 07302-4699

SPEEDROUTE LLC
30 BROAD STREET, 22ND FLOOR, NEW YORK, NY 10005

SPENCER CLARKE LLC
410 PARK AVENUE, SUITE 1500, NEW YORK, NY 10022

SPENCER TRASK VENTURES, INC.
750 THIRD AVE, 11TH FLOOR, NEW YORK, NY 10017

SPENCER-WINSTON SECURITIES CORPORATION
45 WEST 47TH STREET SUITE 402, NEW YORK, NY 10036-2825

SPP CAPITAL PARTNERS L L C
340 MADISON AVENUE, 10TH FLOOR, NEW YORK, NY 10173
Mailing Address: 551 MADISON AVENUE, 7TH FLOOR, NEW YORK, NY 10022

SPREADZERO LLC
1133 BROADWAY, SUITE 1021, NEW YORK, NY 10010

SPRING HILL CAPITAL MARKETS, L.L.C.
1095 AVENUE OF THE AMERICAS, 26TH FLOOR, NEW YORK, NY 10036

SQN SECURITIES LLC
110 WILLIAM STREET, 26 FLOOR, NEW YORK, NY 10038

SRA SECURITIES, LLC
1120 SIXTH AVENUE, 4TH FLOOR, NEW YORK, NY 10036

STACEY BRAUN FINANCIAL SERVICES, INC.
377 BROADWAY, NEW YORK, NY 10013

STANCHART SECURITIES INTERNATIONAL, INC.
1111 BRICKELL AVENUE, 16TH FLOOR, MIAMI, FL 33131
Mailing Address: 1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

STANDARD CHARTERED SECURITIES (NORTH AMERICA) INC.
1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

STANDARD CREDIT SECURITIES INC.
75 PARK PLACE, 4TH FLOOR, NEW YORK, NY 10007

STANDARD NEW YORK SECURITIES, INC.
320 PARK AVENUE, 19TH FLOOR, NEW YORK, NY 10022

STERLING MONROE SECURITIES, LLC
168 FOREST AVENUE, LOCUST VALLEY, NY 11560

STERN CAPITAL LLC
708 THIRD AVENUE, SUITE 1610, NEW YORK, NY 10017

STEVEN J. PERCIBALLI, INC.
C/O ACCOUNTING AND COMPLIANCE INTERNATIONAL, 40 WALL STREET - SUITE 1704, NEW YORK, NY 10005
Mailing Address: STEPHEN PERCIBALLI, 28 FIELDVIEW DRIVE, FORT SALONGA, NY 11768

STEVEN R. JACOBSON, B/D
2600 NETHERLAND AVENUE, APT. 520, RIVERDALE, NY 10463

STOCK USA EXECUTION SERVICES, INC
1717 ROUTE 6 SUITE 102, CARMEL, NY 10512


STOEVER, GLASS & COMPANY INC.
30 WALL STREET, NEW YORK, NY 10005

STONECASTLE SECURITIES, LLC
142 WEST 57TH STREET, 12TH FLOOR, NEW YORK, NY 10019

STONEHAVEN, LLC
275 MADISON AVENUE, SUITE 2002, NEW YORK, NY 10016

STONINGTON CORPORATION
342 WEST 22ND STREET, NEW YORK, NY 10011
Mailing Address: 250 PARK AVENUE, SUITE 700, NEW YORK, NY 10177

STORMHARBOUR SECURITIES LP
140 EAST 45TH STREET, 33RD FLOOR, NEW YORK, NY 10017-0034

STRATEGAS RESEARCH PARTNERS, LLC
52 VANDERBILT AVENUE, 8TH FLOOR, NEW YORK, NY 10017

STRATTON CAPITAL MANAGEMENT, LTD.
575 MADISON AVENUE - SUITE 1006, NEW YORK, NY 10022

STUART FRANKEL & CO., INCORPORATED
60 CUTTER MILL ROAD, SUITE 406, GREAT NECK, NY 11021

STUART PORTFOLIO CONSULTANTS, L.P.
223 EAST 83 STREET, SUITE 2, NEW YORK, NY 10028

STUDNESS RESEARCH, INC.
60 BINGHAM CIRCLE, MANHASSET, NY 11030-2104

SULLIVAN, MORRISSEY & MICKLE SECURITIES CORP.
120 EAST 56TH STREET STE 410, NEW YORK, NY 10022

SUNRISE BROKERS LLC
1500 BROADWAY, 23RD FLOOR, NEW YORK, NY 10036

SUNRISE SECURITIES CORP.
641 LEXINGTON AVENUE, 25TH FLOOR, NEW YORK, NY 10022

SUPERFUND USA, INC.
489 FIFTH AVENUE, NEW YORK, NY 10017

SURETY FINANCIAL SERVICES INC.
3375 PARK AVENUE, SUITE 3006, WANTAGH, NY 11793-3712

SURGE TRADING INC.
885 3RD AVE, 18TH FLOOR, NEW YORK, NY 10022

SURKIS INCORPORATED
C/O BUTTONWOOD BUSINESS SOLUTIONS, 61 BROADWAY - SUITE 1915, NEW YORK, NY 10006

SWARTWOOD, HESSE INC.
720 RT 284, WESTTOWN, NY 10998
Mailing Address: P.O. 247, WESTTOWN, NY 10998

SWEDBANK FIRST SECURITIES, LLC
570 LEXINGTON AVENUE, 35 FLOOR, NEW YORK, NY 10022

SWISS RE CAPITAL MARKETS CORPORATION
55 EAST 52ND STREET, NEW YORK, NY 10055

SYMPHONIC SECURITIES LLC
570 LEXINGTON AVENUE, NEW YORK, NY 10022

SYNERGY CAPITAL I, LLC
40 FULTON STREET, NEW YORK, NY 10038

TACONIC CAPITAL GROUP INC.
911 SEVENTH AVENUE, ROOM 7D, NEW YORK, NY 10019

TAGLICH BROTHERS, INC.
790 NEW YORK AVENUE, SUITE 209, HUNTINGTON, NY 11743

TALENTED TENTH INVESTMENTS INC.
676 RIVERSIDE DR, NEW YORK, NY 10031-0606
Mailing Address: P.O. BOX 606, HAMILTON GRANGE STATION, NEW YORK, NY 10031-0606

TANGENT CAPITAL PARTNERS, LLC
9 W 57TH STREET, 26TH FLOOR, NEW YORK, NY 10019

TAP SECURITIES LLC
375 PARK AVENUE, SUITE 1307, NEW YORK, NY 10152

TBG CAPITAL, INC.
660 MADISON AVENUE, NEW YORK, NY 10065

TD SECURITIES (USA) LLC
31 WEST 52ND STREET, NEW YORK, NY 10019-6101

TEACHERS PERSONAL INVESTORS SERVICES, INC.
730 THIRD AVE, 15 TH FLOOR, NEW YORK, NY 10017-3206
Mailing Address: 8500 ANDREW CARNEGIE BOULEVARD, MAIL STOP SSC/C2/08, CHARLOTTE, NC 28262-8500

TELSEY ADVISORY GROUP LLC
535 FIFTH AVE., 12TH FLOOR, NEW YORK, NY 10017

TEMPER OF THE TIMES INVESTOR SERVICES, INC.
411 THEODORE FREMD AVE., SUITE 132, RYE, NY 10580

TENEO SECURITIES LLC
601 LEXINGTON AVENUE, 55TH FLOOR, NEW YORK, NY 10022

TERRA SECURITIES, LLC
805 THIRD AVENUE, NEW YORK, NY 10022

TESSERA CAPITAL PARTNERS, LLC
121 SULLY'S TRAIL, SUITE 10, PITTSFORD, NY 14534
Mailing Address: 121 SULLY'S TRAIL, SUITE 10, PITTSFORD, NY 14534

TFS DERIVATIVES CORPORATION
32 OLD SLIP 34TH FLOOR, NEW YORK, NY 10005

THE BENCHMARK COMPANY, LLC
40 FULTON STREET, 19TH FLOOR, NEW YORK, NY 10038
Mailing Address: 40 FULTON STREET, 19TH FLOOR, NEW YORK, NY 10038

THE BUCKINGHAM RESEARCH GROUP INCORPORATED
750 THIRD AVENUE, 6TH FLOOR, NEW YORK, NY 10017
Mailing Address: 750 THIRD AVENUE, NEW YORK, NY 10017

THE DARCY GROUP LLC
500 S. SALINA STREET, SYRACUSE, NY 13202

THE DRATEL GROUP, INC.
53345 ROUTE 25, BUILDING 10, #3, SOUTHOLD, NY 11971
Mailing Address: P.O. BOX 1026, SOUTHOLD, NY 11971

THE GRISWOLD COMPANY, INCORPORATED
61 BROADWAY, SUITE 2825, NEW YORK, NY 10006

THE KLEIN GROUP, LLC
590 MADISON AVENUE, 29TH FLOOR, NEW YORK, NY 10022
Mailing Address: 590 MADISON AVENUE, 35TH FLOOR, NEW YORK, NY 10022

THE PRINCERIDGE GROUP LLC
1633 BROADWAY, 28TH FLOOR, NEW YORK, NY 10019

THE REID GROUP LLC
1221 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK, NY 10020

THE ROCKWELL FINANCIAL GROUP, INC.
2 WILLIAM STREET, SUITE # 403, WHITE PLAINS, NY 10601
Mailing Address: 242 W. OLD COUNTRY ROAD, HICKSVILLE, NY 11801

THE SILVERFERN GROUP, INC.
150 EAST 52ND STREET, 32ND FLOOR, NEW YORK, NY 10022

THE TRANSPORTATION GROUP (SECURITIES) LIMITED
1140 AVENUE OF THE AMERICAS, SUITE 1701, NEW YORK, NY 10036

THE VALENCE GROUP, LLC
52 VANDERBILT AVENUE, SUITE 1410, NEW YORK, NY 10017

THE VERTICAL GROUP
417 FIFTH AVENUE, 6TH FLOOR, NEW YORK, NY 10016

THE WILLIAMS CAPITAL GROUP, L.P.
650 FIFTH AVENUE, 11TH FLOOR, NEW YORK, NY 10019

THE WINCHESTER GROUP, INC.
780 THIRD AVENUE, NEW YORK, NY 10017-2024

THE WINDMILL GROUP, INC.
253 ROUTE 202, SOMERS, NY 10589
Mailing Address: P.O. BOX 295, SOMERS, NY 10589

THOMAS P. REYNOLDS SECURITIES LTD.
410 JERICHO TURNPIKE, SUITE 304A, JERICHO, NY 11753

THOMASLLOYD CAPITAL LLC
427 BEDFORD ROAD, PLEASANTVILLE, NY 10570

THS LTD.
9 WEST 8TH STREET, #2, NEW YORK, NY 10011

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC
730 THIRD AVENUE, NEW YORK, NY 10017-3206
Mailing Address: 8500 ANDREW CARNEGIE BOULEVARD, MAIL STOP SSC/C2/08, CHARLOTTE, NC 28262-8500

TICONDEROGA SECURITIES LLC
520 MADISON AVENUE, NEW YORK, NY 10022

TIER ONE PARTNERS, INC.
2500 LANDER CT, MIDLOTHIAN, VA 23113

TIGRESS FINANCIAL PARTNERS, LLC
2 RIVER TERRACE, UNIT 5F, NEW YORK, NY 10282

TIME EQUITIES SECURITIES LLC
55 FIFTH AVENUE, 15TH FLOOR, NEW YORK, NY 10003
Mailing Address: 55 FIFTH AVENUE, 15TH FLOOR, NEW YORK, NY 10003

TIMECAPITAL SECURITIES CORPORATION
ONE ROOSEVELT AVENUE, PORT JEFFERSON STATION, NY 11776-3336

TM CAPITAL CORP.
641 LEXINGTON AVENUE, 30TH FLOOR, NEW YORK, NY 10022

TMC BONDS L.L.C.
825 THIRD AVENUE- 14TH FL., NEW YORK, NY 10022
Mailing Address: 825 THIRD AVENUE- 14TH FL., NEW YORK, NY 10022

TOCQUEVILLE SECURITIES L.P.
40 WEST 57TH STREET, 19TH FLOOR, NEW YORK, NY 10019

TOPEKA CAPITAL MARKETS INC.
40 WALL STREET, 17TH FLOOR, NEW YORK, NY 10006

TORSIELLO SECURITIES, INC.
3 TIMES SQUARE, 14TH FLOOR, NEW YORK, NY 10036

TOUSSAINT CAPITAL PARTNERS, LLC
110 WALL STREET, 2ND FLOOR, NEW YORK, NY 10005

TOWER SQUARE SECURITIES, INC.
1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036
Mailing Address: C/O METLIFE SECURITIES, INC., 1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

TOWERS WATSON CAPITAL MARKETS INC.
335 MADISON AVENUE, NEW YORK, NY 10017-4605

TOWN HALL
570 LEXINGTON AVENUE, 16TH FLOOR, NEW YORK, NY 10022

TRACK DATA SECURITIES CORPORATION
95 ROCKWELL PLACE, BROOKLYN, NY 11217

TRADERFIELD SECURITIES INC.
109 LAFAYETTE ST. #503, NEW YORK, NY 10013-4143

TRADEWEB L.L.C
1177 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

TRADINGSCREEN BROKERAGE SERVICES LLC
30 IRVING PL, FL 4, NEW YORK, NY 10003

TRADITION ASIEL SECURITIES INC.
75 PARK PLACE, 4TH FLOOR, NEW YORK, NY 10007
Mailing Address: 75 PARK PLACE, 4TH FLOOR, NEW YORK, NY 10007

TRANSNATIONAL CAPITAL CORP.
420 LEXINGTON AVENUE, SUITE 300, NEW YORK, NY 10170

TRANSPACIFIC GROUP LLC
485 MADISON AVENUE,, 2ND FLOOR, NEW YORK, NY 10022

TREVOR, COLE, REID, & MONROE, INC.
641 LEXINGTON AVENUE, NEW YORK, NY 10022
Mailing Address: 641 LEXIINGTON AVENUE, NEW YORK, NY 10022

TRIAD SECURITIES CORP
111 BROADWAY 11TH FLOOR, NEW YORK, NY 10006-9401

TRIAGO
499 PARK AVENUE, SUITE 2001, NEW YORK, NY 10022
Mailing Address: 499 PARK AVE, FL 20, NEW YORK, NY 10022-1231

TRIDENT PARTNERS LTD.
181 CROSSWAYS PARK DRIVE, WOODBURY, NY 11797

TRILIAD SECURITIES, LLC
1350 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK, NY 10019

TRIPOINT GLOBAL EQUITIES, LLC
17 STATE STREET, SUITE 2000, NEW YORK, NY 10004

TRITAURIAN CAPITAL, INCORPORATED
1365 YORK AVENUE, SUITE 23B, NEW YORK, NY 10021

TRIUMPH GLOBAL SECURITIES, LTD.
630 NINTH AVENUE, SUITE 402, NEW YORK, NY 10036
Mailing Address: 45 ROCKEFELLER PLAZA, PMB 16, 20TH FLOOR, NEW YORK, NY 10111

TRIUMPH SECURITIES CORPORATION
555 FIFTH AVENUE, 15TH FLOOR, NEW YORK, NY 10017

TROIKA DIALOG USA, INC.
CARNEGIE HALL TOWER, 152 WEST 57TH STREET, 44TH FLOOR, NEW YORK, NY 10019
Mailing Address: CARNEGIE HALL TOWER, 44TH FLOOR, NEW YORK, NY 10019

TROUT CAPITAL LLC
740 BROADWAY, SUITE 903, NEW YORK, NY 10003

TRUBEE, COLLINS & CO., INC.
1350 ONE M&T PLAZA, FAX # 716-849-0144, BUFFALO, NY 14203-2396
Mailing Address: 1350 ONE M&T PLAZA, BUFFALO, NY 14203-2396

TRUMP SECURITIES, LLC
39 BROADWAY, SUITE 3300, NEW YORK, NY 10006

TUOHY BROTHERS INVESTMENT RESEARCH, INC.
575 MADISON AVENUE, NEW YORK, NY 10022

TWEEDY, BROWNE COMPANY LLC
350 PARK AVENUE, NEW YORK, NY 10022-6022
Mailing Address: 350 PARK AVENUE, NEW YORK, NY 10022

TWENTY-FIRST SECURITIES CORPORATION
780 THIRD AVENUE - 15TH FLOOR, NEW YORK, NY 10017

TWO SIGMA SECURITIES, LLC
100 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK, NY 10012

U.S. FINANCIAL INVESTMENTS, INC.
90 BROAD STREET, 17TH FLOOR, NEW YORK, NY 10004

U.S. RE SECURITIES, LLC
ONE BLUE HILL PLAZA, 3RD FLOOR, PEARL RIVER, NY 10965
Mailing Address: ONE BLUE HILL PLAZA, P.O. BOX 1574, PEARL RIVER, NY 10965-1574

U.S. SECURITIES, INTL. CORP.
120 BROADWAY, SUITE 1017, NEW YORK, NY 10271
Mailing Address: 120 BROADWAY, NEW YORK, NY 10271

U.S. STERLING SECURITIES, INC.
1393 VETERANS MEMORIAL HIGHWAY UNIT 412N, HAUPPAUGE, NY 11788

UBS GLOBAL ASSET MANAGEMENT (US) INC.
1285 AVENUE OF THE AMERICAS, 12TH FLOOR, NEW YORK, NY 10019

UNICREDIT CAPITAL MARKETS LLC
15O EAST 42ND STREET, NEW YORK, NY 10017-4679
Mailing Address: 150 EAST 42ND STREET, NEW YORK, NY 10017-4679

UNITED AMERICAN SECURITIES, INC.
441 LEXINGTON AVENUE SUITE 1220, NEW YORK, NY 10017

UNITED FINANCIAL GROUP, LTD
666 OLD COUNTRY ROAD STE 104, GARDEN CITY, NY 11530

UNIVEST SECURITIES, INC. DBA UNIVERSAL FINANCIAL GROUP
330 WEST 38TH STREET, SUITE 238, NEW YORK, NY 10018

UOB GLOBAL EQUITY SALES LLC
592 FIFTH AVENUE, SUITE 602, NEW YORK, NY 10036

UOB KAY HIAN (U.S.) INC.
592 FIFTH AVENUE, 6TH FLOOR, NEW YORK, NY 10036

UPRR SECURITIES, LLC
450 SEVENTH AVENUE, SUITE 1300, NEW YORK, NY 10123

VAN ECK SECURITIES CORPORATION
335 MADISON AVENUE, 19TH FLOOR, NEW YORK, NY 10017

VANDERBILT SECURITIES, LLC
445 BROADHOLLOW ROAD, SUITE 400, MELVILLE, NY 11747
Mailing Address: POST OFFICE BOX 868, MELVILLE, NY 11747

VCAP SECURITIES, LLC
437 MADISON AVENUE, 39TH FLOOR, NEW YORK, NY 10022

VCM SECURITIES, LLC.
44 WALL STREET, 21 FLOOR, NEW YORK, NY 10005
Mailing Address: 44 WALL STREET, NEW YORK, NY 10005

VERITAS SECURITIES CORP.
40 WALL STREET, 28TH FLOOR - SUITE 2819, NEW YORK, NY 10005

VIEW PARTNERS CAPITAL LLC
575 MADISON AVE, 10TH FLOOR, NEW YORK, NY 10022

VINTON STREET CAPITAL CORPORATION
135 SANDS POINT ROAD, PORT WASHINGTON, NY 11050

VIRTU FINANCIAL EXECUTION SERVICES LLC
540 MADISON AVE, SUITE 32B-1, NEW YORK, NY 10022
Mailing Address: 540 MADISON AVE, SUITE 32B-1, NEW YORK, NY 10022

VISCOGLIOSI & COMPANY, LLC
505 PARK AVENUE, 14TH FLOOR, NEW YORK, NY 10022

VTB CAPITAL INC.
THE CHRYSLER CENTER, 405 LEXINGTON AVE, 25TH FLOOR, NEW YORK, NY 10174
Mailing Address: THE CHRYSLER CENTER, 405 LEXINGTON AVE, 26TH FLOOR, NEW YORK, NY 10174

W.J. BLUM & SONS, LLC
81 BROMPTON ROAD, GARDEN CITY, NY 11530
Mailing Address: 81 BROMPTON RAOD, GARDEN CITY, NY 11530

WAFRA SECURITIES CORPORATION
345 PARK AVENUE 41ST FLOOR, NEW YORK, NY 10154-0101

WALL STREET ACCESS
17 BATTERY PLACE 11TH FLOOR, NEW YORK, NY 10004

WALL STREET ADVISOR SERVICES, LLC
17 BATTERY PLACE 11TH FLOOR, NEW YORK, NY 10004

WALL STREET FINANCIAL GROUP, INC.
255 WOODCLIFF DR, FAIRPORT, NY 14450

WALLACHBETH CAPITAL LLC
100 WALL STREET, 6TH FLOOR, NEW YORK, NY 10005

WALLER CAPITAL SECURITIES LLC
1 ROCKEFELLER PLAZA, SUITE #2322, NEW YORK, NY 10020

WALNUT STREET SECURITIES, INC.
1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036
Mailing Address: C/O METLIFE SECURITIES, INC., 1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

WAMPUM GROUP, LLC
71 BROADWAY, STE 12 D, NEW YORK, NY 10006

WANG INVESTMENT ASSOCIATES, INC.
50 BROAD STREET, SUITE 1288, NEW YORK, NY 10004

WARREN D. NADEL & COMPANY
7 WALNUT ROAD, GLEN COVE, NY 11542

WATERMARK SECURITIES, INC.
900 THIRD AVENUE, 31ST FLOOR, NEW YORK, NY 10022

WATERMILL INSTITUTIONAL TRADING LLC
30 WEST 21ST STREET, 12TH FLOOR, NEW YORK, NY 10010

WATSON MANAGEMENT ASSOCIATES, LLC
161 GRAND STREET, #2A, NEW YORK, NY 10013

WATTS CAPITAL, LLC
1350 AVENUE OF THE AMERICAS, 4TH FLOOR, NEW YORK, NY 10019

WEDGE ALTERNATIVES LLC
1230 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK, NY 10020

WEISS MULTI-STRATEGY FUNDS LLC
320 PARK AVENUE, 10TH FLOOR, NEW YORK, NY 10022

WELBORN CAPITAL LLC
230 MIDDLE ROAD, HUDSON, NY 12534

WELLFLEET INVESTMENTS LLC
40 CUTTER MILL RD - SUITE 200, GREAT NECK, NY 11021
Mailing Address: PO BOX 222142, GREAT NECK, NY 11022-2142

WELLINGTON SHIELDS & CO., LLC
140 BROADWAY, SUITE 4400, NEW YORK, NY 10005

WESTCHESTER CAPITAL PLANNING, INC.
21 MILLBROOK LANE, KERHONKSON, NY 12446

WESTCO INVESTMENT CORP.
77 HEMPSTEAD AVE, LYNBROOK, NY 11563

WESTLB SECURITIES INC.
7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK, NY 10007

WESTMINSTER RESEARCH ASSOCIATES LLC
1633 BROADWAY, 48TH FLOOR, NEW YORK, NY 10019

WESTMORELAND CAPITAL CORPORATION
2350 NORTH FOREST ROAD, SUITE 35B, GETZVILLE, NY 14068

WESTON FINANCIAL SERVICES LLC
767 THIRD AVENUE, 25TH FLOOR, NEW YORK, NY 10017

WESTOR CAPITAL GROUP, INC.
1039 ROBINSON ROAD, MOHAWK, NY 13407

WESTROCK CAPITAL MANAGEMENT, INC.
754 CHESTNUT RIDGE RD., CHESTNUT RIDGE, NY 10977

WESTWOOD CAPITAL, LLC
489 FIFTH AVE., 33RD FLOOR, NEW YORK, NY 10017

WHARTON CAPITAL MARKETS LLC
25 KENSINGTON CIRCLE, NORTH HILLS, NY 11030

WHITAKER SECURITIES LLC
233 BROADWAY, 17TH FLOOR, NEW YORK, NY 10279

WHITE MOUNTAIN CAPITAL, LLC
352 7TH AVE, 17TH FL PH, NEW YORK, NY 10001

WHITESTONE SECURITIES INC.
2415 24TH STREET, ASTORIA, NY 11102

WHITEWOOD GROUP, INC
135 MAXESS ROAD, SUITE 100, MELVILLE, NY 11747

WHOTRADES, INC.
1370 BROADWAY, 5TH FLOOR, SUITE 512, NEW YORK, NY 10018

WILLIS SECURITIES, INC.
ONE WORLD FINANCIAL CENTER, 200 LIBERTY STREET, 3RD FLOOR, NEW YORK, NY 10281

WILMINGTON CAPITAL SECURITIES, LLC
600 OLD COUNTRY ROAD, SUITE 200, GARDEN CITY, NY 11530

WINTERFLOOD SECURITIES INCORPORATED
61 BROADWAY, 13TH FLOOR, NEW YORK, NY 10006

WINTOUR & COMPANY, INC.
246 LEWIS AVENUE, WESTBURY, NY 11590

WJB CAPITAL GROUP, INC.
909 THIRD AVENUE, 9TH FLOOR, NEW YORK, NY 10022

WOLF A. POPPER, INC.
99 WALL STREET, 6TH FLOOR, NEW YORK, NY 10005

WOLFENSOHN ADVISORS, L.L.C.
1350 AVENUE OF THE AMERICAS, SUITE 2900, NEW YORK, NY 10019
Mailing Address: 1350 AVENUE OF THE AMERICAS, SUITE 2900, NEW YORK, NY 10019

WOODLAWN ADVISORS LLC
2 OVERHILL ROAD, SUITE 400, SCARSDALE, NY 10583

WOORI INVESTMENT & SECURITIES AMERICA, INC.
120 WEST 45TH STREET, SUITE 3010, NEW YORK, NY 10036

WORDEN CAPITAL MANAGEMENT LLC
1981 MARCUS AVE, SUITE 240, LAKE SUCCESS, NY 11042

WR SECURITIES, LLC
420 LEXINGTON AVENUE, SUITE 648, NEW YORK, NY 10170-0699

WSA FIXED INCOME, LLC
17 BATTERY PLACE, 11TH FLOOR, NEW YORK, NY 10004

WYNSTON HILL CAPITAL, LLC
488 MADISON AVENUE, NEW YORK, NY 10022

WYSER-PRATTE & CO., INC.
410 PARK AVENUE, SUITE 510, NEW YORK, NY 10022

XNERGY FINANCIAL LLC
425 E 58STREET, SUITE 16C, NEW YORK, NY 10022-2300
Mailing Address: 425 E 58 STREET, SUITE 16C, NEW YORK, NY 10022-2300

XP SECURITIES, LLC
200 E. 90TH ST., #10F, NEW YORK, NY 10128
Mailing Address: 200 E. 90TH ST., #10F, NEW YORK, NY 10128

XT CAPITAL PARTNERS, LLC
117 EAST 55TH STREET, NEW YORK, NY 10022

XZERTA TRADING, LLC
546 FIFTH AVENUE, 9TH FLOOR, NEW YORK, NY 10036

 YORK SECURITIES, INC.
160 BROADWAY, NEW YORK, NY 10038

YORK STOCKBROKERS, INC.
610 5TH AVENUE- 6TH FLOOR, NEW YORK, NY 10020
Mailing Address: 610 5TH AVENUE, 6TH FLOOR, NEW YORK, NY 10020

YOUNG & PARTNERS LLC
230 PARK AVENUE - SUITE 1145, NEW YORK, NY 10169
Mailing Address: 230 PARK AVENUE STE. 1145, NEW YORK, NY 10169

YOUNG AMERICA CAPITAL, LLC
141 EAST BOSTON POST ROAD, MAMARONECK, NY 10543

ZENITH AMERICAN SECURITIES CORPORATION
170-19 83RD AVE, JAMAICA, NY 11432
Mailing Address: P O BOX 310180, JAMAICA, NY 11431

ZEUS SECURITIES, INC.
111 SMITHTOWN BYPASS, SUITE 209, HAUPPAUGE, NY 11788-0141
Mailing Address: PO BOX 5335, HAUPPAUGE, NY 11788-0141

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in two Pennsylvania cities: Philadelphia and Pittsburgh.

The Securities Fraud Lawyers at Greco & Greco, P.C. are available to represent Pennsylvania residents in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Pennsylvania, including Philadelphia, Pittsburgh, Allentown, Erie, Reading, Scranton, and Bensalem.

The Pennsylvania Department of Banking and Securities in Harrisburg, Pennsylvania regulates the sales of securities in the state of Pennsylvania. Its website provides information on state securities Statutes and Rules, and information on how to file a complaint.

Common Legal Claims by investors against their financial advisors in Pennsylvania are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

FINRA securities brokerage firms with their main offices in Pennsylvania:

ABERDEEN FUND DISTRIBUTORS, LLC
1735 MARKET STREET, 32 ND FLOOR, PHILADELPHIA, PA 19103

ALLEGHENY INVESTMENTS, LTD.
STONE QUARRY CROSSING, 811 CAMP HORNE ROAD, SUITE 100, PITTSBURGH, PA 15237

AMBASSADOR FINANCIAL GROUP, INC.
1605 NORTH CEDAR CREST BOULEVARD, SUITE 508, ALLENTOWN, PA 18104

AMERICAN FINANCIAL ASSOCIATES, INC.
1700 NORTHAMPTON STREET, SUITE A, EASTON, PA 18042-1659
Mailing Address: 1700 NORTHAMPTON STREET, SUITE A, EASTON, PA 18042-1659

ANTHEM SECURITIES, INC.
1550 CORAOPOLIS HEIGHTS RD., SUITE 300, MOON TOWNSHIP, PA 15108

ARIANE CAPITAL PARTNERS LLC
501 CANDACE LANE, VILLANOVA, PA 19085

BEACONSFIELD FINANCIAL SERVICES, INC.
SOUTHPOINTE INDUSTRIAL PARK, 160 TECHNOLOGY DR., SUITE 101, CANONSBURG, PA 15317
Mailing Address: SOUTHPOINT INDUSTRIAL PARK, 160 TECHNOLOGY DR., SUITE 10, CANONSBURG, PA 15317

BEDMINSTER FINANCIAL GROUP, LIMITED
4920 YORK ROAD, SUITE 2DD1, PO BOX 295, HOLICONG, PA 18928-0295

BERWYN FINANCIAL SERVICES CORP.
1189 LANCASTER AVE, BERWYN, PA 19312-1243
Mailing Address: 1189 LANCASTER AVE., BERWYN, PA 19312-1243

BESTVEST INVESTMENTS, LTD.
600 NORTH JACKSON STREET, SUITE 305, MEDIA, PA 19063

BILL FEW SECURITIES, INC.
107 MT. NEBO POINTE, SUITE 200, PITTSBURGH, PA 15237

BIONDO ASSET MANAGEMENT LLC
540 ROUTE 6 & 209, P.O. BOX 909, MILFORD, PA 18337

BIRCHWOOD SECURITIES CORP.
1900 MARKET ST, SUITE 616, PHILADELPHIA, PA 19103
Mailing Address: 106 NORTH LAKESIDE DRIVE EAST, MEDFORD, NJ 08055

BLACKWOLF ADVISORS
222 EAST MONTGOMERY AVE., SUITE 305, ARDMORE, PA 19003

BNY MELLON DISTRIBUTORS INC.
760 MOORE ROAD, KING OF PRUSSIA, PA 19406

BOE SECURITIES INC.
2 PENN CENTER PLAZA, 1500 JFK BLVD., SUITE 430, PHILADELPHIA, PA 19102

BOENNING & SCATTERGOOD, INC.
4 TOWER BRIDGE-200 BARR HARBOR DR-NO.300, WEST CONSHOHOCKEN, PA 19428-2979

BPU INVESTMENT MANAGEMENT INC.
ONE OXFORD CENTRE, 301 GRANT STREET, SUITE 3300, PITTSBURGH, PA 15219

BRANDYWINE INVESTMENT SECURITIES, LLC
2 PONDS EDGE DRIVE, CHADDS FORD, PA 19317-9667

BRINKER CAPITAL SECURITIES, INC.
1055 WESTLAKES DRIVE, SUITE 250, BERWYN, PA 19312

BRYAN FUNDING, INC.
125 TECHNOLOGY DRIVE, SUITE 105, CANONSBURG, PA 15317-9557

BURKE, LAWTON, BREWER & BURKE, LLC
516 N BETHLEHEM PIKE, AMBLER, PA 19002
Mailing Address: P.O. BOX 950, SPRING HOUSE, PA 19477

CAMELOT INVESTMENT ADVISERS, LTD.
995 OLD EAGLE SCHOOL ROAD, SUITE 320, WAYNE, PA 19087

CMS INVESTMENT RESOURCES, LLC
308 E. LANCASTER AVENUE, SUITE 300, WYNNEWOOD, PA 19096-2145

COHEN & COMPANY SECURITIES, LLC
2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA, PA 19104
Mailing Address: 2929 ARCH STREET, SUITE 1703, PHILADELPHIA, PA 19104

COMMONWEALTH ADVISORS, INC.
1017 MUMMA ROAD, SUITE 302, LEMOYNE, PA 17043

CORESTONE DISTRIBUTORS, LLC
555 EAST LANCASTER AVENUE SUITE 110, RADNOR, PA 19087

COVENTRY SECURITIES, LLC
7111 VALLEY GREEN ROAD, FORT WASHINGTON, PA 19034

CRESAP, INC.
259 N. RADNOR-CHESTER RD. STE. 230, RADNOR, PA 19087

CURTIS SECURITIES, LLC
ONE LIBERTY PLACE, 1650 MARKET STREET, SUITE 4400, PHILADELPHIA, PA 19103

CV BROKERAGE, INC
300 CONSHOHOCKEN STATE ROAD, SUITE 200, WEST CONSHOHOCKEN, PA 19428

DAUTRICH, SEILER FINANCIAL SERVICES, INC.
397 DOGWOOD LANE, NAZARETH, PA 18064

DELAWARE DISTRIBUTORS, L.P.
2005 MARKET ST, 29TH FLOOR, PHILADELPHIA, PA 19103
Mailing Address: 2005 MARKET STREET, 29TH FLOOR, PHILADELPHIA, PA 19103

DELPHX SERVICES CORPORATION
5 GREAT VALLEY PARKWAY, MALVERN, PA 19355

DIRECTED SERVICES LLC
1475 DUNWOODY DRIVE, WEST CHESTER, PA 19380

DREXEL HAMILTON, LLC
2000 MARKET STREET, SUITE 780, PHILADELPHIA, PA 19103

E. E. POWELL & COMPANY INC.
200 NORTHPOINTE CIRCLE, SUITE 304, SEVEN FIELDS, PA 1604

ECM SECURITIES CORP.
4740 PEACH STREET, ERIE, PA 16509-2008

EDGEWOOD SERVICES, INC.
FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH, PA 15222-3779

EMERGING GROWTH EQUITIES, LTD.
1150 FIRST AVE, PARK VIEW TOWER, SUITE 600, KING OF PRUSSIA, PA 19406-2816

FAIRHOLME DISTRIBUTORS, INC.
760 MOORE ROAD, KING OF PRUSSIA, PA 19406

FAIRMOUNT PARTNERS LP
100 FOUR FALLS CORPORATE CENTER, SUITE 660, WEST CONSHOHOCKEN, PA 19248

FARRELL MARSH & CO.
500 THE TIMES BLDG, SUBURBAN SQUARE, ARDMORE, PA 19003

FEDERATED SECURITIES CORP.
FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH, PA 15222-3779

FIDUCIARY ADVISORS, LLC
1500 MARKET STREET, SUITE 3310E, PHILADELPHIA, PA 19102

FIRST AMERICAN MUNICIPALS, INC.
606 CORPORATE DRIVE, LANGHORNE, PA 19047-8013

FORTUNE FINANCIAL SERVICES, INC.
1010 3RD AVENUE, NEW BRIGHTON, PA 15066-2012
Mailing Address: P.O. BOX 296, NEW BRIGHTON, PA 15066-0296

FS2 CAPITAL PARTNERS, LLC
2929 ARCH STREET, SUITE 675, CIRA CENTRE, PHILADELPHIA, PA 19104

FUND INVESTORS, INC.
636 SCALP AVENUE, JOHNSTOWN, PA 15904
Mailing Address: 636 SCALP AVENUE, JOHNSTON, PA 15904

GIRARD CAPITAL, LLC
555 CROTON ROAD, SUITE 210, KING OF PRUSSIA, PA 19406

GRANT STREET SECURITIES, INC.
ALLEGHENY BUILDING, 429 FORBES AVE. - SUITE 1800, PITTSBURGH, PA 15219-1604

GRANT WILLIAMS L.P.
1650 MARKET STREET, 53RD FLOOR, PHILADELPHIA, PA 19103

GREENTREE BROKERAGE SERVICES, INC.
1831 CHESTNUT STREET, SUITE 1002, PHILADELPHIA, PA 19103

GREENTREE INVESTMENT SERVICES, INC.
600 WASHINGTON AVENUE, SUITE 200, BRIDGEVILLE, PA 15017-0088
Mailing Address: P.O. BOX 88, BRIDGEVILLE, PA 15017-0088

GRIFFIN FINANCIAL GROUP, LLC
607 WASHINGTON STREET, READING, PA 19603
Mailing Address: 607 WASHINGTON STREET, READING, PA 19603

GUARDIAN INVESTOR SERVICES LLC
7 HANOVER SQUARE, NEW YORK, NY 10004
Mailing Address: 81 HIGHLAND AVE., BETHLEHEM, PA 18017

HARTFORD LIFE DISTRIBUTORS, LLC
1500 LIBERTY RIDGE DRIVE, STE 100, WAYNE, PA 19087-5592

HARVEST FINANCIAL CORPORATION
1100 SMALLMAN STREET, PITTSBURGH, PA 15222

HAVERFORD TRUST SECURITIES, INC.
THREE RADNOR CORPORATE CENTER STE. 450, RADNOR, PA 19087-4599

HAYDEN STONE & CO., LLC
429 FORBES AVE, SUITE 300, PITTSBURGH, PA 15219

HEFREN-TILLOTSON, INC.
308 SEVENTH AVENUE, PITTSBURGH, PA 15222-3909

HERITAGE FINANCIAL SYSTEMS, INC.
5 GREAT VALLEY PARKWAY, SUITE 334, MALVERN, PA 19355

HIGH SECURITIES, LTD.
1853 WILLIAM PENN WAY, LANCASTER, PA 17605-0008
Mailing Address: P.O. BOX 10008, LANCASTER, PA 17605-0008

HIGHLAND FINANCIAL, LTD.
915 MENOHER BLVD. -STE A, JOHNSTOWN, PA 15905-2800
Mailing Address: 915 MENOHER BLVD.-STE A, JOHNSTOWN, PA 15905-2800

HIGHMARK FUNDS DISTRIBUTORS, INC.
760 MOORE ROAD, KING OF PRUSSIA, PA 19406

HORNOR, TOWNSEND & KENT, INC.
600 DRESHER RD, STE C1C, HORSHAM, PA 19044

HUNTER ASSOCIATES, INC.
436 SEVENTH AVENUE, KOPPERS BUILDING, FIFTH FLOOR, PITTSBURGH, PA 15219-1818
Mailing Address: 436 SEVENTH AVENUE-5TH FLOOR, PITTSBURGH, PA 15219

J. ALDEN ASSOCIATES, INC.
261 OLD YORK ROAD SUITE 837, JENKINTOWN, PA 19046
Mailing Address: P.O. BOX 744, JENKINTOWN, PA 19046

J. D. ANDREWS CO.
290 KING OF PRUSSIA ROAD, BLDG 2, SUITE 300, RADNOR, PA 19087

J.P. MCGOWAN & COMPANY INCORPORATED
1631 LOCUST STREET, 5TH FLOOR, PHILADELPHIA, PA 19103

JANNEY MONTGOMERY SCOTT LLC
1801 MARKET STREET, PHILADELPHIA, PA 19103-1675

JOHNSON SECURITIES, INC.
40 LLOYD AVENUE-STE. 102, MALVERN, PA 19355

JRM SECURITIES
1103 POWELL AVENUE, ERIE, PA 16505

KEVIN HART KORNFIELD & COMPANY, INC.
2137 EMBASSY DRIVE STE 105, LANCASTER, PA 17603-2387
Mailing Address: P.O. BOX 6423, LANCASTER, PA 17607-6423

KILDARE CAPITAL, INC.
555 LANCASTER AVENUE, SUITE 540, RADNOR, PA 19087

KRIEBEL GAS & OIL INVESTMENTS CORP.
633 MAYFIELD DRIVE, CLARION, PA 16214
Mailing Address: P.O. BOX 765, CLARION, PA 16214

LIBUCKI & CO., LLC
1900 MARKET STREET SUITE 113, SUITE 113, PHILADELPHIA, PA 19103
Mailing Address: 1900 MARKET STREET, SUITE 113, PHILADELPHIA, PA 19103

LINCOLN FINANCIAL DISTRIBUTORS, INC.
130 N RADNOR-CHESTER RD, RADNOR, PA 19087
Mailing Address: 350 CHURCH STREET, HARTFORD, CT 06103

LINCOLN INVESTMENT
FORST PAVILION, 218 GLENSIDE AVENUE, WYNCOTE, PA 19095-1595

MANAGED ACCOUNT SERVICES, LLC
565 E. SWEDESFORD RD., SUITE 310, WAYNE, PA 19087

MANOR HOUSE CAPITAL LLC
2005 MARKET STREET, 8TH FLOOR, SUITE 820, PHILADELPHIA, PA 19103

MARKS BAUGHAN SECURITIES LLC
ONE TOWER BRIDGE, CONSHOHOCKEN, PA 19428

MCDERMOTT INVESTMENT SERVICES, LLC
26 WEST BROAD STREET, BETHLEHEM, PA 18018
Mailing Address: P.O. BOX 1889, BETHLEHEM, PA 18016

MGI FUNDS DISTRIBUTORS, INC.
760 MOORE ROAD, KING OF PRUSSIA, PA 19406

MID ATLANTIC CAPITAL CORPORATION
1251 WATERFRONT PLACE, SUITE 510, PITTSBURGH, PA 15222-6368

MONEY MANAGEMENT ADVISORY, INC.
102 W. STREET RD, FEASTERVILLE, PA 19053

MUFSON HOWE HUNTER & PARTNERS LLC
1717 ARCH STREET, 32ND FLOOR, PHILADELPHIA, PA 19103

NATIONWIDE FUND DISTRIBUTORS LLC
1000 CONTINTENTAL DRIVE, SUITE 400, KING OF PRUSSIA, PA 19406

NAVAID FINANCIAL SERVICES, INC.
1522 LOCUST ST., FL. 2, PHILADELPHIA, PA 19102

NESTLERODE & LOY, INC.
430 WEST IRVIN AVENUE, STATE COLLEGE, PA 16801-4642
Mailing Address: P.O. BOX 343, STATE COLLEGE, PA 16804-0343

P.J. ROBB VARIABLE CORPORATION
4135 NORTH FRONT STREET, HARRISBURG, PA 17110

PACER FINANCIAL, INC.
16 INDUSTRIAL BLVD, SUITE 201, PAOLI, PA 19301

PAPALIA SECURITIES
2 WALNUT STREET, DANVILLE, PA 17821

PARK CITY CAPITAL, INC.
261 OLD YORK RD # 914, JENKINTOWN (MONTGOMERY), PA 19046
Mailing Address: 261 OLD YORK RD #914, JENKINTOWN (MONTGOMERY), PA 19046

PETER ELISH INVESTMENTS SECURITIES
165 E. PIKE ST., CANONSBURG, PA 15317-1765

PFA SECURITY ASSET MANAGEMENT, INC.
704 LISBURN ROAD, SUITE 102, CAMP HILL, PA 17011

PFM FUND DISTRIBUTORS, INC.
ONE KEYSTONE PLAZA - SUITE 300, N. FRONT & MARKET STS, HARRISBURG, PA 17101
Mailing Address: ONE KEYSTONE PLAZA - SUITE 300, N. FRONT & MARKET STS, HARRISBRUG, PA 17101

PHILADELPHIA BROKERAGE CORPORATION
2 RADNOR CORPORATE CENTER, SUITE 111, 100 MATSONFORD ROAD, RADNOR, PA 19087

PHILADELPHIA FINANCIAL DISTRIBUTION COMPANY
1650 MARKET STREET, 54TH FLOOR, PHILADELPHIA, PA 19103

PHILADELPHIA INVESTORS, LTD.
1528 WALNUT STREET - SUITE 510, PHILADELPHIA, PA 19102

PM SECURITIES, LLC
110 CHADDS FORD COMMONS, CHADDS FORD, PA 19317

PNC CAPITAL MARKETS LLC
225 FIFTH AVENUE, PITTSBURGH, PA 15222
Mailing Address: 225 FIFTH AVENUE, FIFTH FLOOR, PITTSBURGH, PA 15222

PNC INVESTMENTS
620 LIBERTY AVENUE, 26TH FLOOR, PITTSBURGH, PA 15222

PRISOL SECURITIES, INC.
3415 WEST CHESTER PIKE, SUITE 204, NEWTOWN SQUARE, PA 19073

PROFESSIONAL FUNDS DISTRIBUTOR, LLC
760 MOORE ROAD, KING OF PRUSSIA, PA 19406

PROVIDENT PRIVATE CAPITAL PARTNERS, INC.
3527 WEST 26TH STREET, ERIE, PA 16506

PRUDENT BROKERAGE ASSOCIATES
1735 MARKET STREET, SUITE 3902, PHILADELPHIA, PA 19103-7598

PWA SECURITIES, INC.
4900 PERRY HIGHWAY, SUITE 300, PITTSBURGH, PA 15229

QUOIN CAPITAL LLC
1515 MARKET STREET, SUITE 1808, PHILADELPHIA, PA 19102

RADNOR RESEARCH & TRADING COMPANY LLC
290 KING OF PRUSSIA ROAD, RADNOR STATION 2, SUITE 120, RADNOR, PA 19087

RAMPART FINANCIAL SERVICES, INC.
DOYLESTOWN COMMERCE CENTER, 2005 S. EASTON ROAD, SUITE 202, DOYLESTOWN, PA 18901

RAPTOR PARTNERS LLC
ONE NORTH SHORE CENTER, 12 FEDERAL ST., SUITE 201, PITTSBURGH, PA 15212-5700

REGIONAL BROKERS, INC.
1628 JOHN F KENNEDY BLVD, PHILADELPHIA, PA 19103-2925
Mailing Address: 1628 JOHN F KENNEDY BLVD., SUITE 1901, PHILADELPHIA, PA 19103-2925

RESOURCE SECURITIES, INC.
ONE COMMERCE SQUARE, 2005 MARKET STREET, 15TH FLOOR, PHILADELPHIA, PA 19103

RIVER CROSS SECURITES, LLLP
401 CITY AVENUE, SUITE 220, BALA CYNWYD, PA 19004
Mailing Address: 401 CITY AVENUE, SUITE 912, BALA CYNWYD, PA 19004

ROBINSON & ROBINSON, INC.
1337 HAMILTON STREET, ALLENTOWN, PA 18102

RODGERS BROTHERS, INC.
800 CRANBERRY WOODS DRIVE, SUITE 200, CRANBERRY TOWNSHIP, PA 16066

ROTHMAN SECURITIES, INC.
1111 STREET ROAD, SUITE 201, SOUTHAMPTON, PA 18966

SCHNEIDER DOWNS CORPORATE FINANCE, LP
1133 PENN AVENUE, PITTSBURGH, PA 15222

SEI INVESTMENTS DISTRIBUTION CO.
ONE FREEDOM VALLEY DRIVE, OAKS, PA 19456

SESLIA SECURITIES
2107 CRYSTAL GADE 7A, CHARLOTTE AMALIE, ST THOMAS, VI 00802
Mailing Address: 111 S INDEPENDANCE MALL #830, PHILADELPHIA, PA 19106

SGC SECURITIES LP
107 FORREST AVENUE, STE. 11, NARBERTH, PA 19072

SIG BROKERAGE, LP
140 BROADWAY, 47TH FLOOR, NEW YORK, NY 10005
Mailing Address: 401 CITY LANE AVE, BALA CYNWYD, PA 19004

SOLEBURY CAPITAL LLC
400 SOUTH RIVER ROAD,, SUITE 300, NEW HOPE, PA 18938

SPOUTING ROCK CAPITAL ADVISORS, LLC
100 MATSONFORD ROAD, BUILDING FIVE, SUITE 441, RADNOR, PA 19087

SSG CAPITAL ADVISORS, LLC
300 BARR HARBOR DRIVE, SUITE 420, WEST CONSHOHOCKEN, PA 19428

STANLEY LAMAN GROUP SECURITIES, LLC
1235 WESTLAKES DRIVE, SUITE 295, BERWYN, PA 19312

STERLING CAPITAL DISTRIBUTORS, INC.
760 MOORE ROAD, KING OF PRUSSIA, PA 19406

STROUSE, GREENBERG REALTY INVESTMENTS, INC.
200 S BROAD STREET,  3RD FLOOR, THE BELLEVUE, PHILADELPHIA, PA 19102
Mailing Address: 200 S. BROAD STREET, 3RD FLOOR, THE BELLEVUE, PHILADELPHIA, PA 19102

SUSQUEHANNA CAPITAL GROUP
401 CITY AVENUE, SUITE 220, BALA CYNWYD, PA 19004-1122

SUSQUEHANNA FINANCIAL GROUP, LLLP
401 CITY AVE, SUITE 220, BALA CYNWYD, PA 19004-1122

THE KEYSTONE EQUITIES GROUP, L.P.
1003 EGYPT ROAD, OAKS, PA 19456-1155
Mailing Address: P.O. BOX 1155, OAKS, PA 19456-1155

THOMAS M. NIXON & ASSOCIATES, INC.
4775 WALLINGFORD STREET, PITTSBURGH, PA 15213-1711

TRUSTMONT FINANCIAL GROUP, INC.
SCENIC DRIVE PROFESSIONAL CENTER, 200 BRUSH RUN ROAD, SUITE A, GREENSBURG, PA 15601
Mailing Address: SCENIC DRIVE PROFESSIONAL CENTER, 200 BRUSH RUN ROAD, SUITE A, GREENSBURG, PA 15601

U S PARTICIPATIONS LTD.
3909 HARTZDALE DRIVE, SUITE 901, CAMP HILL, PA 17011

UNIVEST INVESTMENTS, INC.
14 N. MAIN STREET, P.O. BOX 64197, SOUDERTON, PA 18964
Mailing Address: 14 N. MAIN STREET, ATTN: ANNETTE KNIBBS, SOUDERTON, PA 18964

VALLEY FORGE ASSET MANAGEMENT CORP.
150 S. WARNER ROAD, SUITE 200, KING OF PRUSSIA, PA 19406
Mailing Address: P.O. BOX 960, VALLEY FORGE, PA 19482

VALLEY NATIONAL INVESTMENTS, INC.
1605 VALLEY CENTER PARKWAY, SUITE 160, BETHLEHEM, PA 18017

VANGUARD MARKETING CORPORATION
100 VANGUARD BLVD, MALVERN, PA 19355
Mailing Address: 400 DEVON PARK DRIVE- A39, WAYNE, PA 19087

VFIC SECURITIES, INC.
1030 OLD VALLEY FORGE ROAD, KING OF PRUSSIA, PA 19406

WESTMINSTER INVESTMENT GROUP, INC.
23 EAST NORTH STREET, NEW CASTLE, PA 16101

WILDWOOD CAPITAL SECURITIES, INC.
373 EAST MAIN STREET, SUITE 100, COLLEGEVILLE, PA 19426

WINDSOR, SHEFFIELD & CO., INC.
489 DEVON PARK DR., SUITE 316, WAYNE, PA 19087
Mailing Address: 489 DEVON PARK DRIVE, SUITE 316, WAYNE, PA 19087

If an individual investor has a dispute with a FINRA brokerage firm stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in one West Virginia city: Charleston, West Virginia.

The Securities Fraud Lawyers at Greco & Greco, P.C. represent West Virginia residents in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of West Virginia including Charleston, Huntington, Morgantown, Parkersburg, Wheeling, Fairmont, Weirton, and Martinsburg.

The West Virginia Securities Commission, in Charleston, West Virginia, regulates the sales of securities in the state of West Virginia. Its website provides information on state securities Statutes and Rules, and information on how to file a complaint.

West Virginia's Securities Act is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorney's fees, and interest.

Common Legal Claims by investors against their financial advisors in West Virginia are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

The Civil Liability section of the West Virginia Securities Act is as follows:

dz2-4-410. Civil liabilities.

(a) Any person who

(1) Offers or sells a security in violation of section 201(a), 301, 403 or 405(b), or of any condition imposed under section 304(d), 305(g) or 305(h), or

(2) Offers or sells a security by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading (the buyer not knowing of the untruth or omission), and who does not sustain the burden of proof that he did not know, and in the exercise of reasonable care could not have known, of the untruth or omission, is liable to the person buying the security from him, who may assert a claim in a civil action to recover the consideration paid for the security, together with interest at nine percent per year from the date of payment, costs and reasonable attorneys' fees, less the amount of any income received on the security, upon the tender of the security, or for damages if he no longer owns the security. Damages are the amount that would be recoverable upon a tender less the value of the security when the buyer disposed of it and interest at nine percent per year from the date of disposition.

(b) Every person who directly or indirectly controls a seller liable under subsection (a), every partner, officer or director of such a seller, every person occupying a similar status or performing similar functions, every employee of such a seller who materially aids in the sale, and every broker-dealer or agent who materially aids in the sale are also liable jointly and severally with and to the same extent as the seller, unless the nonseller who is so liable sustains the burden of proof that he did not know, and in exercise of reasonable care could not have known, of the existence of the facts by reason of which the liability is alleged to exist. There is contribution as in cases of contract among the several persons so liable.

(c) Any tender specified in this section may be made at any time before entry of judgment.

(d) Every cause of action under this statute survives the death of any person who might have been a plaintiff or defendant.

(e) No person may sue under this section more than three years after the sale.

(f) No person who has made or engaged in the performance of any contract in violation of any provision of this chapter or any rule or order hereunder, or who has acquired any purported right under any such contract with knowledge of the facts by reason of which its making or performance was in violation, may base any suit on the contract.

(g) Any condition, stipulation or provision binding any person acquiring any security to waive compliance with any provision of this chapter or any rule or order hereunder is void.

(h) The rights and remedies provided by this chapter are in addition to any other rights or remedies that may exist at law or in equity, but this chapter does not create any cause of action not specified in this section or section 202(e).

FINRA securities brokerage firms with their main offices in West Virginia:

HAZLETT, BURT & WATSON, INC.
1300 CHAPLINE STREET, WHEELING, WV 26003

KACZMAREK FINANCIAL SERVICES, LLC
309 LIBERTY AVENUE, WEIRTON, WV 26062
Mailing Address: 309 LIBERTY AVENUE, WEIRTON, WV 26062

UNITED BROKERAGE SERVICES, INC
514 MARKET STREET, PARKERSBURG, WV 26101
Mailing Address: P. O. BOX 1508, PARKERSBURG, WV 26102-1508

WESBANCO SECURITIES, INC.
135 WEST MAIN ST, ST CLAIRSVILLE, OH 43950
Mailing Address: 1 BANK PLAZA, WHEELING, WV 26003

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in five Florida cities: Miami, Boca Raton, Jacksonville, Tampa, and Orlando.

The Securities Fraud Lawyers at Greco & Greco, P.C. represent Florida residents in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Florida, including Jacksonville, Miami, Tampa, Orlando, St. Petersburg, Hialeah, Port St. Lucie, Tallahassee, Cape Coral, Fort Lauderdale, Pembroke Pines, Hollywood, Miramar, Gainesville, Coral Springs, Lehigh Acres, and Clearwater.

The Florida Office of Financial Regulation, Division of Securities, regulates the sales of securities in the state of Florida. It has offices in Tallahassee, Orlando, West Palm Beach, Miami and Tampa. Its website provides information on state securities Statutes and Rules, and information on how to file a complaint.

Florida's Securities and Investor Protection Act is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorney's fees, and interest.

Common Legal Claims by investors against their financial advisors in Florida are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

The Florida Securities and Investor Protection Act, Section 517.211, states as follows:

Remedies available in cases of unlawful sale.—
(1) Every sale made in violation of either s. 517.07 or s. 517.12(1), (4), (5), (9), (11), (13), (16), or (18) may be rescinded at the election of the purchaser, except a sale made in violation of the provisions of s. 517.1202(3) relating to a renewal of a branch office notification shall not be subject to this section, and a sale made in violation of the provisions of s. 517.12(13) relating to filing a change of address amendment shall not be subject to this section. Each person making the sale and every director, officer, partner, or agent of or for the seller, if the director, officer, partner, or agent has personally participated or aided in making the sale, is jointly and severally liable to the purchaser in an action for rescission, if the purchaser still owns the security, or for damages, if the purchaser has sold the security. No purchaser otherwise entitled will have the benefit of this subsection who has refused or failed, within 30 days of receipt, to accept an offer made in writing by the seller, if the purchaser has not sold the security, to take back the security in question and to refund the full amount paid by the purchaser or, if the purchaser has sold the security, to pay the purchaser an amount equal to the difference between the amount paid for the security and the amount received by the purchaser on the sale of the security, together, in either case, with interest on the full amount paid for the security by the purchaser at the legal rate, pursuant to s. 55.03, for the period from the date of payment by the purchaser to the date of repayment, less the amount of any income received by the purchaser on the security.
(2) Any person purchasing or selling a security in violation of s. 517.301, and every director, officer, partner, or agent of or for the purchaser or seller, if the director, officer, partner, or agent has personally participated or aided in making the sale or purchase, is jointly and severally liable to the person selling the security to or purchasing the security from such person in an action for rescission, if the plaintiff still owns the security, or for damages, if the plaintiff has sold the security.
(3) In an action for rescission:
(a) A purchaser may recover the consideration paid for the security or investment, plus interest thereon at the legal rate, less the amount of any income received by the purchaser on the security or investment upon tender of the security or investment.
(b) A seller may recover the security upon tender of the consideration paid for the security, plus interest at the legal rate, less the amount of any income received by the defendant on the security.
(4) In an action for damages brought by a purchaser of a security or investment, the plaintiff shall recover an amount equal to the difference between:
(a) The consideration paid for the security or investment, plus interest thereon at the legal rate from the date of purchase; and
(b) The value of the security or investment at the time it was disposed of by the plaintiff, plus the amount of any income received on the security or investment by the plaintiff.
(5) In an action for damages brought by a seller of a security, the plaintiff shall recover an amount equal to the difference between:
(a) The value of the security at the time of the complaint, plus the amount of any income received by the defendant on the security; and
(b) The consideration received for the security, plus interest at the legal rate from the date of sale.

(6) In any action brought under this section, including an appeal, the court shall award reasonable attorneys' fees to the prevailing party unless the court finds that the award of such fees would be unjust.

FINRA securities brokerage firms with their main offices in Florida:

1ST BRIDGEHOUSE SECURITIES, LLC
9881 SW 131 STREET, MIAMI, FL 33176
 
1ST DISCOUNT BROKERAGE, INC.
420 SOUTH STATE ROAD 7, SUITE 114, WELLLINGTON, FL 33414
Mailing Address: 420 SOUTH STATE ROAD 7, SUITE 114, WELLINGTON, FL 33414

1ST MUNICH CAPITAL, LLC
HERZOGSTR. 60, MUNICH, D-80803 GERMANY
Mailing Address: 1499 W PALMETTO PARK ROAD, SUITE 250, BOCA RATON, FL 33486

ACP SECURITIES, LLC
444 BRICKELL AVENUE, SUITE 928, MIAMI, FL 33131

ACTIVA CAPITAL MARKETS, INC.
1110 BRICKELL AVENUE, SUITE 902, MIAMI, FL 33131

AKAR CAPITAL MANAGEMENT, INC.
8551 W. SUNRISE BLVD. #102A, PLANTATION, FL 33322
Mailing Address: 8551 W. SUNRISE BLVD #102A, PLANTATION, FL 33322

ALLEGIANT SECURITIES L.L.C.
100 N. BISCAYNE BLVD., SUITE 2106, MIAMI, FL 33132

ALLEGRO SECURITIES LLC
3 W 57TH ST, FL 10, NEW YORK, NY 10019

ALLEN & COMPANY OF FLORIDA, INC.
1401 SOUTH FLORIDA AVENUE, LAKELAND, FL 33803
Mailing Address: P.O. BOX 387, LAKELAND, FL 33802

ALLEN C. EWING & CO.
50 NORTH LAURA STREET, SUITE 3625, JACKSONVILLE, FL 32202
Mailing Address: 50 N LAURA STREET, SUITE 3625, JACKSONVILLE, FL 32202

AMERICA'S CHOICE EQUITIES LLC
840 US HIGHWAY 1, SUITE 315, PALM BEACH GARDENS, FL 33408

AMERICAN MUNICIPAL SECURITIES, INC.
720 SECOND AVE S., ST. PETERSBURG, FL 33701
Mailing Address: P.O. BOX 11749, ST. PETERSBURG, FL 33733-1749

ARIA CAPITAL ADVISORS, LLC
475 CENTRAL AVENUE, SUITE 400, ST. PETERSBURG, FL 33701

ASG SECURITIES, INC.
218 EAST COMMERCIAL BLVD, SUITE 208-L, FT. LAUDERDALE, FL 33308
Mailing Address: 4737 N. OCEAN DR., #213, LAUDERDALE BY THE SEA, FL 33308

ATLAS ONE FINANCIAL GROUP, LLC
200 SOUTH BISCAYNE BOULEVARD, SUITE 4400, MIAMI, FL 33131

AVENTURA SECURITIES, LLC
2875 NE 191ST STREET, SUITE 524, AVENTURA, FL 33180
Mailing Address: 2875 NE 191ST STREET, SUITE 524, AVENTURA, FL 33180

AVM, L.P.            
777 YAMATO ROAD, SUITE 300, BOCA RATON, FL 33431

B & T SECURITIES, INC.
2799 NW BOCA RATON BLVD, SUITE 206, BOCA RATON, FL 33431

BAC FLORIDA INVESTMENTS
2333 PONCE DE LEON BLVD., SUITE 700, CORAL GABLES, FL 33134

BACHER & CO INC
6B CAY HARBOR, KEY LARGO, FL 33037
Mailing Address: 24 DOCKSIDE LANE, PMB #101, KEY LARGO, FL 33037

BALANCED SECURITY PLANNING, INC.
16956 MCGREGOR BLVD. # 7, FORT MYERS, FL 33908

BANIF SECURITIES INC
1001 BRICKELL BAY DR., SUITE 2904, MIAMI, FL 33131
Mailing Address: 1001 BRICKELL BAY DR., SUITE 2906, MIAMI, FL 33131

BANKERS INTERNATIONAL SECURITIES, INC.
11101 ROOSEVELT BLVD NORTH, 3RD FLOOR, ST. PETERSBURG, FL 33716-2334
Mailing Address: 11101 ROOSEVELT BLVD NORTH, 3RD FLOOR, ST.PETERSBURG, FL 33716-2334

BASIS FINANCIAL, LLC
3363 NE 163RD STREET, SUITE 706, N. MIAMI BEACH, FL 33160

BAYSHORE PARTNERS, LLC
401 EAST LAS OLAS BOULEVARD, SUITE 1160, FORT LAUDERDALE, FL 33301

BETA CAPITAL MANAGEMENT, L.P.
777 BRICKELL AVENUE, SUITE 1201, MIAMI, FL 33131

BG STRATEGIC ADVISORS LLC
525 SOUTH FLAGLER DRIVE, SUITE 200, WEST PALM BEACH, FL 33401

BIANCO FINANCIAL INC.
1691 MICHIGAN AVE. SUITE 240, MIAMI BEACH, FL 33139
Mailing Address: 1691 MICHIGAN AVE. SUITE 240, MIAMI, FL 33139

BIRKELBACH & CO.
8080 CYPRESS HOLLOW COURT, PONTE VEDRA BEACH, FL 32082

BNP PARIBAS INVESTMENT SERVICES, LLC
201 S. BISCAYNE BLVD., SUITE 1800, MIAMI, FL 33131

BROADSPAN SECURITIES LLC
1450 BRICKELL AVENUE, SUITE 2620, MIAMI, FL 33131

BROOKSTONE SECURITIES, INC.
2920 DRANE FIELD ROAD, LAKELAND, FL 33813
Mailing Address: PO BOX 8087, LAKELAND, FL 33802

BULL & BEAR BROKERAGE SERVICES, INC.
6817 SOUTHPOINT PARKWAY, SUITE 1003, JACKSONVILLE, FL 32216

BULLTICK SECURITIES, LLC
701 BRICKELL AVENUE, SUITE 2550, MIAMI, FL 33131

BULLTICK, LLC
PASEO DE LOS TAMARINDOS 400, TORRE A PISO 23, COL. BOSQUES DE LAS LOMAS, MEXICO D.F., 05120 MEXICO
Mailing Address: 701 BRICKELL AVENUE SUITE 2550, MIAMI, FL 33131

CALTON & ASSOCIATES, INC.
14497 N. DALE MABRY HWY STE. 215, TAMPA, FL 33618

CAPITAL & CREDIT INTERNATIONAL, INC.
14600 N.E. 5TH COURT, MIAMI, FL 33161

CAPITAL & ESTATE MANAGEMENT, INC.
7143 MARINER BLVD., SPRING HILL, FL 34609

CARNES CAPITAL CORPORATION
8889 PELICAN BAY BOULEVARD, SUITE 500, NAPLES, FL 34108-7512

CASSEL SALPETER & CO., LLC
801 BRICKELL AVENUE, SUITE 650, MIAMI, FL 33131

CATALYST FINANCIAL
225 N.E. MIZNER BLVD., SUITE 400, BOCA RATON, FL 33432

CBG FINANCIAL GROUP, INC.
2101 NW CORPORATE BLVD, SUITE 402, BOCA RATON, FL 33431

CEA ATLANTIC ADVISORS, LLC
101 EAST KENNEDY BOULEVARD; SUITE 3300, TAMPA, FL 33602

CERTIGROUP, INC
8302 GULF OF MEXICO BLVD, MARATHON, FL 33050
Mailing Address: 8302 GULF OF MEXICO BLVD., MARATHON, FL 33050

CGI MERCHANT CAPITAL, LLC
8400 NORTHWEST 36TH STREET, SUITE 220, MIAMI, FL 33166

CGIS SECURITIES LLC
990 BISCAYNE BLVD, SUITE 0-901, MIAMI, FL 33132
Mailing Address: 941 HARBOR DRIVE, KEY BISCAYNE, FL 33149

CHAMPION CAPITAL CORPORATION     
141 WATERMAN AVE, SUITE 100, MOUNT DORA, FL 32757

CHILIAN PARTNERS, L.P.
1701 S. FLAGLER DRIVE, SUITE 1001, WEST PALM BEACH, FL 33401
Mailing Address: P.O. BOX 2685, PALM BEACH, FL 33480

CLARK NOBIL & CO.
2500 E. HALLANDALE BEACH BLVD. #701, HALLANDALE, FL 33009
Mailing Address: P.O. BOX 1797, HALLANDALE, FL 33008-1797

CNL SECURITIES CORP.
450 SOUTH ORANGE AVENUE, ORLANDO, FL 32801
Mailing Address: P.O BOX 4920, ORLANDO, FL 32802-4920

COBALT CAPITAL, INC.
210 WYMORE ROAD, WINTER PARK, FL 32789

COMMONWEALTH CAPITAL SECURITIES CORP.
400 CLEVELAND STREET, 7TH FLOOR, CLEARWATER, FL 33755-4041

CONVERGENT SECURITIES, LLC
3535 GALT OCEAN DRIVE, SOUTH SUITE, FORT LAUDERDALE, FL 33308

CORNWALL PARTNERS, LLC
12806 TOUCHSTONE PLACE, PALM BEACH GARDENS, FL 33418
Mailing Address: 191 GREAT HILL ROAD, BOX 192, CORNWALL, CT 06753

CP CAPITAL SECURITIES
1428 BRICKELL AVENUE, SUITE 600, MIAMI, FL 33131

CREDICORP SECURITIES, INC.
121 ALHAMBRA PLAZA, SUITE 1200, CORAL GABLES, FL 33134

CROSSTREE CAPITAL SECURITIES, LLC
4301 ANCHOR PARKWAY, SUITE 450, TAMPA, FL 33634

DAKOTA SECURITIES INTERNATIONAL, INC.
9211 SW 72 STREET SUITE 102, MIAMI, FL 33173
Mailing Address: 9211 SW 72 STREET, MIAMI, FL 33173

DAWSON JAMES SECURITIES, INC.
925 SOUTH FEDERAL HIGHWAY, SUITE 600, BOCA RATON, FL 33432

DELANEY EQUITY GROUP LLC
1665 PALM BEACH LAKES BLVD., SUITE 805, WEST PALM BEACH, FL 33401

DIVERSIFIED CAPITAL CORPORATION
2 BISCAYNE BOULEVARD, SUITE #1742, MIAMI, FL 33131

DOUBLE EAGLE SECURITIES OF AMERICA, INC.
6610 N. UNIVERSITY DRIVE, SUITE 250, TAMARAC, FL 33321

DOWNSTATE SECURITIES GROUP, INC.
259 INDIAN ROCKS ROAD NO., BELLEAIR BLUFFS, FL 33770-1729

E.S. FINANCIAL SERVICES, INC.
1395 BRICKELL AVE, SUITE 490, MIAMI, FL 33131
Mailing Address: 1395 BRICKELL AVE 4TH FLOOR, MIAMI, FL 33131

EAGLE FUND DISTRIBUTORS, INC.
880 CARILLON PARKWAY, ST. PETERSBURG, FL 33716

EFG CAPITAL INTERNATIONAL
701 BRICKELL AVE, 9TH FLOOR & SUITE 1350, MIAMI, FL 33131-286

EQUIFINANCIAL LLC
1717 NORTH BAYSHORE DRIVE, SUITE 217, MIAMI, FL 33132

EQUITY STATION, INC.
1200 N. FEDERAL HIGHWAY, SUITE 400, BOCA RATON, FL 33432

FALCON RESEARCH, INC.
1230 SOUTH MYRTLE AVE, SUITE 401, CLEARWATER, FL 33756

FIRST AMERICAN CAPITAL AND TRADING CORPORATION
1499 W. PALMETTO PARK RD, SUITE 250, BOCA RATON, FL 33486

FIRST FLORIDA SECURITIES, INC.
11660 NIGHT HERON DRIVE, NAPLES, FL 34119

FIRST INTEGRITY CAPITAL PARTNERS CORP.
330 CLEMATIS STREET, #210, WEST PALM BEACH, FL 33401

FIRST MUTUAL PLANNING CORP.
7370 SO. ORIOLE BOULEVARD, SUITE 601C, DELRAY BEACH, FL 33446

FIRSTRADE SECURITIES INC.
133-25 37TH AVENUE, FLUSHING, NY 11354

FLORIDA ATLANTIC SECURITIES CORP.
9130 SOUTH DADELAND BLVD., SUITE 1704, MIAMI, FL 33156

FLORIDA INVESTMENT ADVISORS
601 BAYSHORE BLVD., SUITE 960, TAMPA, FL 33606

FMSBONDS, INC.
4775 TECHNOLOGY WAY, BOCA RATON, FL 33431

FRANKLIN CAPITAL INC
5263 CRESTHAVEN BLVD-VILLA H, WEST PALM BEACH, FL 33415

G. A. REPPLE & COMPANY
101 NORMANDY RD, CASSELBERRY, FL 32707

G.F. INVESTMENT SERVICES, LLC
2080 RINGLING BOULEVARD, 3RD FLOOR, SARASOTA, FL 34237

GEOFFREY RICHARDS SECURITIES CORP.
7570 S. FEDERAL HWY, SUITE 3, HYPOLUXO, FL 33462

GFG SECURITIES, LLC
701 BRICKELL AVENUE, SUITE 1730, MIAMI, FL 33131

GLOBAL INVESTOR SERVICES, L.C.
777 BRICKELL AVE. -- SUITE 1010, MIAMI, FL 33131

GLOBAL STRATEGIC INVESTMENTS, LLC
701 BRICKELL AVENUE, SUITE 1420, MIAMI, FL 33131

GOLF HOST SECURITIES, INC.
36750 US HWY 19 N., PALM HARBOR, FL 34684

GRANDVIEW CAPITAL, INC.
300 S PINE ISLAND RD, SUITE 305, FORT LAUDERDALE, FL 33324

GUZMAN & COMPANY
101 ARAGON AVENUE, CORAL GABLES, FL 33134-5426

GWN SECURITIES INC.
11440 NORTH JOG ROAD, PALM BEACH GARDENS, FL 33418-3764

HALEN CAPITAL,INC
301 SOUTH MISSOURI AVENUE, 2ND FLOOR, CLEARWATER, FL 33756

HALPERN CAPITAL, INC.
20900 NE 30TH AVE., SUITE 200, AVENTURA, FL 33180

HAMMERMAN & STRICKLAND SECURITIES, LLC
18544 DALE MABRY HWY N, LUTZ, FL 33548-7900

HARBOR VIEW ADVISORS, LLC
822 A1A NORTH, SUITE 200, PONTE VEDRA, FL 32082

HEDGECO SECURITIES, LLC
400 CLEMATIS STREET, SUITE 205, WEST PALM BEACH, FL 33401

HERITAGE CAPITAL GROUP, INC.
4811 BEACH BOULEVARD, SUITE 300, JACKSONVILLE, FL 32207

HIGH POINT CAPITAL GROUP, INC.
400 HIGH POINT DRIVE, SUITE 375, COCOA, FL 32926
Mailing Address: 400 HIGH POINT DRIVE SUITE 375, COCOA, FL 32926

HUNTER SCOTT FINANCIAL LLC.
500 GULFSTREAM BLVD, STE 105, DELRAY BH, FL 33483

HWJ CAPITAL PARTNERS II, LLC
751 PARK OF COMMERCE DRIVE, SUITE 118, BOCA RATON, FL 33487
Mailing Address: 751 PARK OF COMMERCE DRIVE, SUITE118-A, BOCA RATON, FL 33487

HYDE PARK CAPITAL ADVISORS, LLC
701 N. FRANKLIN STREET, TAMPA, FL 33602

ICD SECURITIES INC.
7301 SW 57TH COURT, SUITE 420, MIAMI, FL 33143

IDC SECURITES CORP.
2103 CORAL WAY, SUITE 202, MIAMI, FL 33145

INLET SECURITIES, LLC
233 NORTH CAUSEWAY SUITE B, NEW SMYRNA BEACH, FL 32169

INTEGRITY INVESTMENTS, INC.
221 PENSACOLA ROAD, VENICE, FL 34285

INTERBOLSA SECURITIES, LLC
1200 BRICKELL AVENUE, SUITE 800, MIAMI, FL 33131

INTERCAM SECURITIES, INC.
1221 BRICKELL AVENUE, SUITE 1070, MIAMI, FL 33131

INTERNATIONAL ASSETS ADVISORY, LLC
300 SOUTH ORANGE AVENUE, STE 1100, ORLANDO, FL 32801
Mailing Address: 300 SOUTH ORANGE AVENUE, SUITE 1100, ORLANDO, FL 32801

INTL TRADING, INC.
329 PARK AVENUE NORTH, SUITE 350, WINTER PARK, FL 32789
Mailing Address: 329 PARK AVENUE NORTH, SUITE 350, WINTER PARK, FL 32789

INVEST FINANCIAL CORPORATION
8745 HENDERSON ROAD, SUITE 300, TAMPA, FL 33634
Mailing Address: 8745 HENDERSON ROAD, SUITE 300, TAMPA, FL 33634

INVESTACORP, INC.
4400 BISCAYNE BLVD, 11TH FLOOR, MIAMI, FL 33137

INVESTMENTS BY PLANNERS, INC.
2500 N. MILITARY TRAIL, SUITE 285, BOCA RATON, FL 33431-6306

INVEX, INC.
601 BRICKELL KEY DRIVE, SUITE 400, MIAMI, FL 33131

ITA FINANCIAL SERVICES, LLC
100 SE 2ND STREET, 46TH FLOOR, MIAMI, FL 33131

ITAU EUROPA SECURITIES INC.
200 S.BISCAYNE BLVD., SUITE 2200, MIAMI, FL 33131

J.W. COLE FINANCIAL, INC.
6928 W. LINEBAUGH AVE. STE. 101, TAMPA, FL 33625

JAE INVESTMENTS, INC.
7310 DOVER COURT, PARKLAND, FL 33067

JAMES I. BLACK & COMPANY
311 SOUTH FLORIDA AVENUE, LAKELAND, FL 33801
Mailing Address: P.O. BOX 24838, LAKELAND, FL 33802

JHS CAPITAL ADVISORS, INC.
501 E. KENNEDY BLVD, SUITE 1400, TAMPA, FL 33602

JVB FINANCIAL GROUP, LLC
2700 N. MILITARY TRAIL, SUITE 200, BOCA RATON, FL 33431

JWH SECURITIES, INC.
301 YAMATO ROAD, SUITE 2200, BOCA RATON, FL 33431-4931

 

KASHNER DAVIDSON SECURITIES CORPORATION
77 SOUTH PALM AVENUE, SARASOTA, FL 34236-7724

KENDRICK PIERCE & CO
511 W. BAY STREET, SUITE 300, TAMPA, FL 33606
Mailing Address: 511 W. BAY STREET, SUITE 300, TAMPA, FL 33606

KENNETH, JEROME & CO.,INC.
147 COLUMBIA TPKE, FLORHAM PK, NJ 07932
Mailing Address: P.O. BOX 38, FLORHAM PK, NJ 07932-0038

KILEY PARTNERS, INC.
13241 OAKMEADE, PALM BEACH GARDENS, FL 33418

KOVACK SECURITIES INC.
6451 N. FEDERAL HWY., SUITE 1201, FT. LAUDERDALE, FL 33308

KOVITZ SECURITIES, LLC
115 S. LASALLE ST., 27TH FLOOR, CHICAGO, IL 60603

KPMG CORPORATE FINANCE LLC
303 EAST WACKER DRIVE, FLOOR 22, CHICAGO, IL 60601

KRAMER SECURITIES CORPORATION
7120 S.W. 95 STREET, MIAMI, FL 33156
Mailing Address: P.O. DRAWER 431456, MIAMI, FL 33243

LAFISE SECURITIES CORPORATION
200 S. BISCAYNE BLVD, SUITE 3550, MIAMI, FL 33131

LAMPOST CAPITAL, L.C.
7777 W. GLADES ROAD, SUITE 213, BOCA RATON, FL 33434

LANE, BERRY & CO. INTERNATIONAL, LLC
225 FRANKLIN STREET, SUITE 2200, BOSTON, MA 02110
Mailing Address: 880 CARILLON PARKWAY, ST. PETERSBURG, FL 33716

LCG CAPITAL ADVISORS, LLC
201 EAST KENNEDY BLVD, SUITE 325, TAMPA, FL 33602

LEGEND EQUITIES CORPORATION
4600 EAST PARK DRIVE, SUITE 300, PALM BEACH GARDENS, FL 33410

LIVINGSTON MONROE CAPITAL GROUP INC.
5550 GLADES ROAD, SUITE 308, BOCA RATON, FL 33431

MAGELLAN GLOBAL PARTNERS INC.
2103 CORAL WAY, SUITE 202, MIAMI, FL 33145

MAITLAND SECURITIES, INC.
1111 DOUGLAS AVENUE, ALTAMONTE SPRINGS, FL 32714

MARTINEZ-AYME SECURITIES
9495 SUNSET DRIVE, SUITE B275, MIAMI, FL 33173

MBS CAPITAL MARKETS, LLC
4890 W. KENNEDY BLVD., SUITE 288, TAMPA, FL 33609

MCDUFFIE/MORRIS FINANCIAL GROUP, INC.
3 BROADRIVER ROAD, ORMOND BEACH, FL 32174-8744

MEDITERRANEAN SECURITIES GROUP, LLC
301 YAMATO ROAD, SUITE 4160, BOCA RATON, FL 33431
Mailing Address: 301 YAMATO ROAD, SUITE 4160, BOCA RATON, FL 33431

MERCANTIL COMMERCEBANK INVESTMENT SERVICES
220 ALHAMBRA CIRCLE, PH FLOOR, CORAL GABLES, FL 33134

MERRIMAC CORPORATE SECURITIES, INC.
1185 SPRING CENTRE SOUTH BLVD, STE 1060, ALTAMONTE SPRINGS, FL 32714

MICHAEL SAUNDERS SECURITIES CORP.
307 S. ORANGE AVENUE, SARASOTA, FL 34236

MONEY CONCEPTS CAPITAL CORP
11440 NORTH JOG ROAD, PALM BEACH GARDENS, FL 33418
Mailing Address: 11440 NORTH JOG ROAD, PALM BEACH GARDENS, FL 33418-3764

MOWELL FINANCIAL GROUP, INC.
407 EAST SIXTH AVENUE, TALLAHASSEE, FL 32303-6312

MSC - BD, LLC
23150 FASHION DRIVE, SUITE 231, ESTERO, FL 33928

MUREX CAPITAL, LLC
2600 DOUGLAS RD., SUITE 1010B, CORAL GABLES, FL 33134

MUTUAL FUND SPECIALISTS, INC.
1531 ALOMA AVE, WINTER PARK, FL 32789
Mailing Address: P.O. BOX 2767, WINTER PARK, FL 32790-2767

MUTUAL TRUST CO. OF AMERICA SECURITIES
2963 GULF TO BAY BLVD., SUITE #330, CLEARWATER, FL 33759
Mailing Address: 2963 GULF TO BAY BOULEVARD, SUITE #330, CLEARWATER, FL 33759

MYSTOCKFUND SECURITIES, INC.
13700 US HIGHWAY ONE, SUITE 202E, JUNO BEACH, FL 33408

NAVAID FINANCIAL SERVICES, INC.
1522 LOCUST ST., FL. 2, PHILADELPHIA, PA 19102

NELSON IVEST BROKERAGE SERVICES, INC.
423 COUNTRY CLUB DRIVE, WINTER PARK, FL 32789-2968

NEWBRIDGE SECURITIES CORPORATION
1451 CYPRESS CREEK ROAD, SUITE 204, FT. LAUDERDALE, FL 33309
Mailing Address: 1451 CYPRESS CREEK ROAD, SUITE 204, FT. LAUDERDALE, FL 33309

NEWPORT GROUP SECURITIES, INC.
300 INTERNATIONAL PARKWAY STE 270, SUITE 270, HEATHROW, FL 32746-5035

NOBLE FINANCIAL CAPITAL MARKETS
951 YAMATO ROAD, SUITE 210, BOCA RATON, FL 33431

NSM SECURITIES, INC.
1700 PALM BEACH LAKES BLVD, SUITE 900, WEST PALM BEACH, FL 33401
Mailing Address: 1700 PALM BEACH LAKES BLVD., SUITE 900, WEST PALM BEACH, FL 33401

ODD LOT BONDS, INC
18851 N.E. 29 AVE., SUITE 721, AVENTURA, FL 33180

OLD GREENWICH PARTNERS, LLC
3563 OLDFIELD LAKE COURT, JACKSONVILLE, FL 32223
Mailing Address: 11111-70 SAN JOSE BLVD, BOX 306, JACKSONVILLE, FL 32223

OSAGE INVESTMENTS, INC.
1200 NORTH FEDERAL HIGHWAY, SUITE 400, BOCA RATON, FL 33432

PAF SECURITIES, LLC
601 BRICKELL KEY DRIVE, SUITE 604, MIAMI, FL 33131

PCE INVESTMENT BANKERS, INC.
200 E. NEW ENGLAND AVENUE, SUITE 400, WINTER PARK, FL 32789

PERAZA CAPITAL AND INVESTMENT, LLC
111 SECOND AVENUE NORTHEAST, SUITE 705, SAINT PETERSBURG, FL 33701

PERIGEE SECURITIES LP
1605 MAIN STREET, SUITE 709, SARASOTA, FL 34236

PMK SECURITIES & RESEARCH, INC.
105 E. ATLANTIC AVENUE, SUITE 200, DELRAY BEACH, FL 33444

POINTE ATLANTIC, INC
601 N LOIS AVENUE, SUITE 26, TAMPA, FL 33609
Mailing Address: 9753 NORTH 66TH STREET, SUITE 200, PINELLAS PARK, FL 33782

PORTFOLIO RESOURCES GROUP, INC.
800 BRICKELL AVENUE, SUITE 903, MIAMI, FL 33131

PROGRESS INVESTMENTS LLC
701 BRICKELL AVENUE, SUITE 2550, MIAMI, FL 33131

QUANTRIVER FINANCIAL, LLC
4048 EVANS AVENUE, SUITE 207, FORT MYERS, FL 33901

R.M. STARK & CO., INC.
701 SE 6TH AVENUE, SUITE 203, DELRAY BEACH, FL 33483-5186
Mailing Address: 701 SE 6TH AVENUE, SUITE 203, DELRAY BEACH, FL 33483

RAYMOND JAMES & ASSOCIATES, INC.
880 CARILLON PARKWAY, ST. PETERSBURG, FL 33716
Mailing Address: P.O. BOX 12749, ST. PETERSBURG, FL 33733-2749

RAYMOND JAMES FINANCIAL SERVICES, INC.
880 CARILLON PARKWAY, ST. PETERSBURG, FL 33716

REPUBLIC SECURITIES OF AMERICA,INC.
600 E. COLONIAL DR. #100, ORLANDO, FL 32803
Mailing Address: 600 EAST COLONIAL DRIVE, SUITE 100, ORLANDO, FL 32803

REVERE SECURITIES CORP.
3200 N. MILITARY TRAIL, STE. 215, BOCA RATON, FL 33431

ROGAN & ASSOCIATES, INC.
200 9TH AVENUE. NORTH, SUITE 150, SAFETY HARBOR, FL 34695-3500

RSG CAPITAL CORP.
7499 WEST ATLANTIC AVENUE, SUITE 208, DELRAY BEACH, FL 33446

SABADELL SECURITIES USA, INC.
1111 BRICKELL AVENUE, 30TH FLOOR, MIAMI, FL 33131

SADDLEBROOK INVESTMENTS, INC.
5700 SADDLEBROOK WAY, WESLEY CHAPEL, FL 33543-4499

SAXIS GROUP, LLC.
636 7TH AVENUE NORTH, SAINT PETERSBURG, FL 33701
Mailing Address: 17 STATE ST, 11TH FLOOR, MAILBOX 101, NEW YORK, NY 10004

SCHLITT INVESTOR SERVICES, INC.
1717 INDIAN RIVER BLVD-STE 300, VERO BEACH, FL 32960-0867

SEACOAST INVESTOR SERVICES, INC.
704 SW PORT ST LUCIE BLVD, PORT ST LUCIE, FL 34953

SECURITIES RESEARCH, INC.
3055 CARDINAL DRIVE, SUITE 104, VERO BEACH, FL 32963

SFI INTERNATIONAL, LLC
10575 STONEBRIDGE BLVD., BOCA RATON, FL 33498

SHAY FINANCIAL SERVICES, INC.
1000 BRICKELL AVE, SUITE 500, MIAMI, FL 33131

SHEARSON FINANCIAL SERVICES, LLC
7000 W. PALMETTO PARK ROAD, SUITE 306, BOCA RATON, FL 33433

SHELTER BAY SECURITIES, LLC
8942 SHENENDOAH CIRCLE, NAPLES, FL 34113

SINGER XENOS SECURITIES, CORP.
800 DOUGLAS ROAD, SUITE 900, CORAL GABLES, FL 33134-3187

SKYWAY ADVISORS, LLC
100 NORTH TAMPA STREET, SUITE 3550, TAMPA, FL 33602

SLAVIC INVESTMENT CORPORATION
1075 BROKEN SOUND PARKWAY NW, SUITE 100, BOCA RATON, FL 33487-3540

SOLOWEY & CO.
6801 S.W. 101 STREET, MIAMI, FL 33156
Mailing Address: P. O. BOX 566060, MIAMI, FL 33256-6060

SOUTHERN TRUST SECURITIES, INC.
145 ALMERIA AVENUE, CORAL GABLES, FL 33134

SOUZA BARROS SECURITIES, INC
1221 BRICKELL AVENUE, SUITE 1120, MIAMI, FL 33131

SOVEREIGN-AMERICAN SECURITIES, INC.
1016 COLLIER CENTER WAY STE 100, NAPLES, FL 34110

SPARTAN SECURITIES GROUP, LTD.
15500 ROOSEVELT BLVD, SUITE 303, CLEARWATER, FL 33760

SPECIALTY FINANCE GROUP, LLC
2505 SOUTH OCEAN BOULEVARD, SUITE 212, PALM BEACH, FL 33480

STANCHART SECURITIES INTERNATIONAL, INC.
1111 BRICKELL AVENUE, 16TH FLOOR, MIAMI, FL 33131
Mailing Address: 1095 AVENUE OF THE AMERICAS, NEW YORK, NY 10036

STATETRUST INVESTMENTS INC.
800 BRICKELL AVENUE - SUITE 100, MIAMI, FL 33131

STERLING ENTERPRISES GROUP, INC.
6827 FIRST AVENUE SOUTH, ST. PETERSBURG, FL 33707
Mailing Address: 138 107TH AVENUE SUITE 335, TREASURE ISLAND, FL 33706

STRATSTONE SECURITIES, LLC
2100 WEST CYPRESS CREEK RD., FT. LAUDERDALE, FL 33309
Mailing Address: 2100 WEST CYPRESS CREEK RD., FT. LAUDERDALE, FL 33309

SUMMIT BROKERAGE SERVICES, INC.
595 S. FEDERAL HIGHWAY, SUITE 500, BOCA RATON, FL 33432
Mailing Address: 595 SOUTH FEDERAL HIGHWAY, SUITE 500, BOCA RATON, FL 33432

TCT SECURITIES & DERIVATIVES, LLC
1110 BRICKELL AVENUE, SUITE 509, MIAMI, FL 33131

TFG EQUITIES, INC.
6111 BROKEN SOUND PARKWAY, NW, SUITE 150, BOCA RATON, FL 33487
Mailing Address: 6111 BROKEN SOUND PARKWAY, SUITE 150, BOCA RATON, FL 33487

THE CARNEY GROUP, INCORPORATED
135 S.E. 5TH AVENUE, SUITE 202, DELRAY BEACH, FL 33483

THE CARSON MEDLIN COMPANY
4100 WEST KENNEDY BLVD., SUITE 305, TAMPA, FL 33609-2290

THE PENNSYLVANIA GROUP, INCORPORATED
4445 NORTH A1A, SUITE 222, VERO BEACH, FL 32963

TIMOTHY PARTNERS, LTD.
1055 MAITLAND CENTER COMMONS, MAITLAND, FL 32751

TRADE-PMR INC.
1015 NW 56TH TERRACE, GAINESVILLE, FL 32605
Mailing Address: P.O. BOX 358230, GAINESVILLE, FL 32635-8230

TRADEKING
888 E. LAS OLAS BLVD, SUITE 300, FORT LAUDERDALE, FL 33301

TRADESPOT MARKETS INC.
13900 SW 24TH STREET, DAVIE, FL 33325

TRADESTATION SECURITIES, INC.
8050 SW 10TH STREET, SUITE 2000, PLANTATION, FL 33324
Mailing Address: 8050 SW 10TH STREET, SUITE 2000, PLANTATION, FL 33324

TRADEWIRE SECURITIES LLC
1441 BRICKELL AVENUE, SUITE 1210, MIAMI, FL 33131

TRADINGSCREEN BROKERAGE SERVICES LLC
30 IRVING PL, FL 4, NEW YORK, NY 10003

TRANSAM SECURITIES, INC.
1111 DOUGLAS AVENUE, ALTAMONTE SPRINGS, FL 32714

TRANSAMERICA FINANCIAL ADVISORS, INC
570 CARILLON PARKWAY, ST. PETERSBURG, FL 33716-1202
Mailing Address: P.O. BOX 9053, CLEARWATER, FL 33758-9053

TRIAGO
499 PARK AVENUE, SUITE 2001, NEW YORK, NY 10022
Mailing Address: 499 PARK AVE, FL 20, NEW YORK, NY 10022-1231

ULTRALAT CAPITAL MARKETS, INC.
801 BRICKELL AVENUE, SUITE 1060, MIAMI, FL 33131
Mailing Address: 801 BRICKELL AVENUE, MIAMI, FL 33131

UNITED CAPITAL MARKETS, INC.
240 CRANDON BLVD., SUITE 167, KEY BISCAYNE, FL 33149

UNITED SECURITY CORPORATION
4400 BISCAYNE BLVD, SUITE 950, MIAMI, FL 33137
Mailing Address: 4400 BISCAYNE BLVD., MIAMI, FL 33137

VALOR FINANCIAL SECURITIES LLC
521 WEST CENTRAL AVENUE, WINTER HAVEN, FL 33880

VARIANT TRADING INSTITUTIONAL GROUP, INC.
225 N.E. MIZNER BOULEVARD, SUITE 730, BOCA RATON, FL 33432

VASILIOU & COMPANY, INC.
1000 SO. POINTE DRIVE, MIAMI BEACH, FL 33139

VCG SECURITIES, LLC
407 S.E. 1ST STREET, DELRAY BEACH, FL 33483

VECTORGLOBAL WMG
801 BRICKELL AVENUE, SUITE 2500, MIAMI, FL 33131

VENECREDIT SECURITIES, INC.
1111 BRICKELL AVENUE, SUITE 1575, MIAMI, FL 33131
Mailing Address: 1111 BRICKELL AVENUE, SUITE 1575, MIAMI, FL 33131

VFINANCE INVESTMENTS, INC
1200 N. FEDERAL HIGHWAY, SUITE 400, BOCA RATON, FL 33432

VIEWTRADE SECURITIES, INC.
7280 W. PALMETTO PARK RD., 105, BOCA RATON, FL 33433

VOGUE CAPITAL MANAGEMENT LLC
18911 COLLINS AVENUE, #1201, SUNNY ISLES BEACH, FL 33160-2389

WALL STREET MONEY CENTER CORP.
2385 EXECUTIVE CENTER DR., SUITE #100, BOCA RATON, FL 33431
Mailing Address: 2385 EXECUTIVE CENTER DRIVE, SUITE #100, BOCA RATON, FL 33431

WEISS CAPITAL SECURITIES, INC.
15430 ENDEAVOUR DRIVE, JUPITER, FL 33478

WELCOME LIFE SECURITIES, LLC
6001 BROKEN SOUND PARKWAY, SUITE 320-A, BOCA RATON, FL 33487

YOUNG, STOVALL AND COMPANY
9627 S. DIXIE HWY-STE 101, MIAMI, FL 33156

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in two Texas locations: Houston and Dallas.

The Securities Fraud Lawyers at Greco & Greco, P.C. represent Texas residents in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Texas including Houston, San Antonio, Dallas, Austin, Fort Worth, El Paso, Arlington, Corpus Christi, Plano, Laredo, Lubbock, Garland, Irving, Frisco, Amarillo, and McKinney.

The Texas State Securities Board, in Austin, Texas, regulates the sales of securities in the state of Texas. Its website provides information on state securities Statutes and Rules, and information on how to file a complaint.

Texas's Securities Act is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security), reasonable attorney's fees, and interest.

Common Legal Claims by investors against their financial advisors in Texas are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

The Civil Liability section of the Texas Securities Act is as follows:

Sec. 33. Civil Liability with Respect to Issuance or Sale of a Security.

A. Liability of Sellers.

(1) Registration and Related Violations. A person who offers or sells a security in violation of Section 7, 9 (or a requirement of the Commissioner thereunder), 12, 23C, or an order under 23A or 23-2 of this Act is liable to the person buying the security from him, who may sue either at law or in equity for rescission or for damages if the buyer no longer owns the security.

(2) Untruth or Omission. A person who offers or sells a security (whether or not the security or transaction is exempt under Section 5 or 6 of this Act) by means of an untrue statement of a material fact or an omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading, is liable to the person buying the security from him, who may sue either at law or in equity for rescission, or for damages if the buyer no longer owns the security. However, a person is not liable if he sustains the burden of proof that either (a) the buyer knew of the untruth or omission or (b) he (the offeror or seller) did not know, and in the exercise of reasonable care could not have known, of the untruth or omission. The issuer of the security (other than a government issuer identified in Section 5M) is not entitled to the defense in clause (b) with respect to an untruth or omission (i) in a prospectus required in connection with a registration statement under Section 7A, 7B, or 7C, or (ii) in a writing prepared and delivered by the issuer in the sale of a security.

B. Liability of Buyers. A person who offers to buy or buys a security (whether or not the security or transaction is exempt under Section 5 or 6 of this Act) by means of an untrue statement of a material fact or an omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading, is liable to the person selling the security to him, who may sue either at law or in equity for rescission or for damages if the buyer no longer owns the security. However, a person is not liable if he sustains the burden of proof that either (a) the seller knew of the untruth or omission, or (b) he (the offeror or buyer) did not know, and in the exercise of reasonable care could not have known, of the untruth or omission.

C. Liability of Nonselling Issuers Which Register.

(1) This Section 33C applies only to an issuer which registers under Section 7A, 7B, or 7C of this Act, or under Section 6 of the U.S. Securities Act of 1933, its outstanding securities for offer and sale by or for the owner of the securities.

(2) If the prospectus required in connection with the registration contains, as of its effective date, an untrue statement of a material fact or an omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading, the issuer is liable to a person buying the registered security, who may sue either at law or in equity for rescission or for damages if the buyer no longer owns the securities. However, an issuer is not liable if it sustains the burden of proof that the buyer knew of the untruth or omission.

D. Rescission and Damages. For this Section 33:

(1) On rescission, a buyer shall recover (a) the consideration he paid for the security plus interest thereon at the legal rate from the date of payment by him, less (b) the amount of any income he received on the security, upon tender of the security (or a security of the same class and series).

(2) On rescission, a seller shall recover the security (or a security of the same class and series) upon tender of (a) the consideration he received for the security plus interest thereon at the legal rate from the date of receipt by him, less (b) the amount of any income the buyer received on the security.

(3) In damages, a buyer shall recover (a) the consideration the buyer paid for the security plus interest thereon at the legal rate from the date of payment by the buyer, less (b) the greater of:

(i) the value of the security at the time the buyer disposed of it plus the amount of any income the buyer received on the security; or

(ii) the actual consideration received for the security at the time the buyer disposed of it plus the amount of any income the buyer received on the security.

(4) In damages, a seller shall recover (a) the value of the security at the time of sale plus the amount of any income the buyer received on the security, less (b) the consideration paid the seller for the security plus interest thereon at the legal rate from the date of payment to the seller.

(5) For a buyer suing under Section 33C, the consideration he paid shall be deemed the lesser of (a) the price he paid and (b) the price at which the security was offered to the public.

(6) On rescission or as a part of damages, a buyer or a seller shall also recover costs.

(7) On rescission or as a part of damages, a buyer or a seller may also recover reasonable attorney's fees if the court finds that the recovery would be equitable in the circumstances.

E. Time of Tender. Any tender specified in Section 33D may be made at any time before entry of judgment.

F. Liability of Control Persons and Aiders.

(1) A person who directly or indirectly controls a seller, buyer, or issuer of a security is liable under Section 33A, 33B, or 33C jointly and severally with the seller, buyer, or issuer, and to the same extent as if he were the seller, buyer, or issuer, unless the controlling person sustains the burden of proof that he did not know, and in the exercise of reasonable care could not have known, of the existence of the facts by reason of which the liability is alleged to exist.

(2) A person who directly or indirectly with intent to deceive or defraud or with reckless disregard for the truth or the law materially aids a seller, buyer, or issuer of a security is liable under Section 33A, 33B, or 33C jointly and severally with the seller, buyer, or issuer, and to the same extent as if he were the seller, buyer, or issuer.

(3) There is contribution as in cases of contract among the several persons so liable.

G. Survivability of Actions. Every cause of action under this Act survives the death of any person who might have been a plaintiff or defendant.

H. Statute of Limitations.

(1) No person may sue under Section 33A(1) or 33F so far as it relates to Section 33A(1):

(a) more than three years after the sale; or

(b) if he received a rescission offer (meeting the requirements of Section 33I) before suit unless he (i) rejected the offer in writing within 30 days of its receipt and (ii) expressly reserved in the rejection his right to sue; or

(c) more than one year after he so rejected a rescission offer meeting the requirements of Section 33I.

(2) No person may sue under Section 33A(2), 33C, or 33F so far as it relates to 33A(2) or 33C:

(a) more than three years after discovery of the untruth or omission, or after discovery should have been made by the exercise of reasonable diligence; or

(b) more than five years after the sale; or

(c) if he received a rescission offer (meeting the requirements of Section 33I) before suit, unless he (i) rejected the offer in writing within 30 days of its receipt, and (ii) expressly reserved in the rejection his right to sue; or

(d) more than one year after he so rejected a rescission offer meeting the requirements of Section 33I.

(3) No person may sue under Section 33B or 33F so far as it relates to Section 33B:

(a) more than three years after discovery of the untruth or omission, or after discovery should have been made by the exercise of reasonable diligence; or

(b) more than five years after the purchase; or

(c) if he received a rescission offer (meeting the requirements of Section 33J) before suit unless he (i) rejected the offer in writing within 30 days of its receipt, and (ii) expressly reserved in the rejection his right to sue; or

(d) more than one year after he so rejected a rescission offer meeting the requirements of Section 33J.

I. Requirements of a Rescission Offer to Buyers. A rescission offer under Section 33H(1) or (2) shall meet the following requirements:

(1) The offer shall include financial and other information material to the offeree's decision whether to accept the offer, and shall not contain an untrue statement of a material fact or an omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading.

(2) The offeror shall deposit funds in escrow in a state or national bank doing business in Texas (or in another bank approved by the Commissioner) or receive an unqualified commitment from such a bank to furnish funds sufficient to pay the amount offered.

(3) The amount of the offer to a buyer who still owns the security shall be the amount (excluding costs and attorney's fees) he would recover on rescission under Section 33D(1).

(4) The amount of the offer to a buyer who no longer owns the security shall be the amount (excluding costs and attorney's fees) he would recover in damages under Section 33D(3).

(5) The offer shall state:

(a) the amount of the offer, as determined pursuant to Paragraph (3) or (4) above, which shall be given (i) so far as practicable in terms of a specified number of dollars and a specified rate of interest for a period starting at a specified date, and (ii) so far as necessary, in terms of specified elements (such as the value of the security when it was disposed of by the offeree) known to the offeree but not to the offeror, which are subject to the furnishing of reasonable evidence by the offeree.

(b) the name and address of the bank where the amount of the offer will be paid.

(c) that the offeree will receive the amount of the offer within a specified number of days (not more than 30) after receipt by the bank, in form reasonably acceptable to the offeror, and in compliance with the instructions in the offer, of:

(i) the security, if the offeree still owns it, or evidence of the fact and date of disposition if he no longer owns it; and

(ii) evidence, if necessary, of elements referred to in Paragraph (a)(ii) above.

(d) conspicuously that the offeree may not sue on his purchase under Section 33 unless:

(i) he accepts the offer but does not receive the amount of the offer, in which case he may sue within the time allowed by Section 33H(1)(a) or 33H(2)(a) or (b), as applicable; or

(ii) he rejects the offer in writing within 30 days of its receipt and expressly reserves in the rejection his right to sue, in which case he may sue within one year after he so rejects.

(e) in reasonable detail, the nature of the violation of this Act that occurred or may have occurred.

(f) any other information the offeror wants to include.

J. Requirements of a Rescission Offer to Sellers. A rescission offer under Section 33H(3) shall meet the following requirements:

(1) The offer shall include financial and other information material to the offeree's decision whether to accept the offer, and shall not contain an untrue statement of a material fact or an omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading.

(2) The offeror shall deposit the securities in escrow in a state or national bank doing business in Texas (or in another bank approved by the Commissioner).

(3) The terms of the offer shall be the same (excluding costs and attorney's fees) as the seller would recover on rescission under Section 33D(2).

(4) The offer shall state:

(a) the terms of the offer, as determined pursuant to Paragraph (3) above, which shall be given (i) so far as practicable in terms of a specified number and kind of securities and a specified rate of interest for a period starting at a specified date, and (ii) so far as necessary, in terms of specified elements known to the offeree but not the offeror, which are subject to the furnishing of reasonable evidence by the offeree.

(b) the name and address of the bank where the terms of the offer will be carried out.

(c) that the offeree will receive the securities within a specified number of days (not more than 30) after receipt by the bank, in form reasonably acceptable to the offeror, and in compliance with the instructions in the offer, of:

(i) the amount required by the terms of the offer; and

(ii) evidence, if necessary, of elements referred to in Paragraph (a)(ii) above.

(d) conspicuously that the offeree may not sue on his sale under Section 33 unless:

(i) he accepts the offer but does not receive the securities, in which case he may sue within the time allowed by Section 33H(3)(a) or (b), as applicable; or

(ii) he rejects the offer in writing within 30 days of its receipt and expressly reserves in the rejection his right to sue, in which case he may sue within one year after he so rejects.

(e) in reasonable detail, the nature of the violation of this Act that occurred or may have occurred.

(f) any other information the offeror wants to include.

K. Unenforceability of Illegal Contracts. No person who has made or engaged in the performance of any contract in violation of any provision of this Act or any rule or order or requirement hereunder, or who has acquired any purported right under any such contract with knowledge of the facts by reason of which its making or performance was in violation, may base any suit on the contract.

L. Waivers Void. A condition, stipulation, or provision binding a buyer or seller of a security or a purchaser of services rendered by an investment adviser or investment adviser representative to waive compliance with a provision of this Act or a rule or order or requirement hereunder is void.

M. Saving of Existing Remedies. The rights and remedies provided by this Act are in addition to any other rights (including exemplary or punitive damages) or remedies that may exist at law or in equity.

N. Limitation of Liability in Small Business Issuances.

(1) For purposes of this Section 33N, unless the context otherwise requires, "small business issuer" means an issuer of securities that, at the time of an offer to which this Section 33N applies:

(a) has annual gross revenues in an amount that does not exceed $25 million; and

(b) does not have a class of equity securities registered, or required to be registered, with the Securities and Exchange Commission under Section 12 of the Securities Exchange Act of 1934, as amended (15 U.S.C. Section 781).

(2) This Section 33N applies only to:

(a) an offer of securities made by a small business issuer or by the seller of securities of a small business issuer that is in an aggregate amount that does not exceed $5 million; and

(b) a person who has been engaged to provide services relating to an offer of securities described by Section 33N(2)(a), including an attorney, an accountant, a consultant, or the firm of the attorney, accountant, or consultant.

(3) The maximum amount that may be recovered against a person to which this Section 33N applies in any action or series of actions under Section 33 relating to an offer of securities to which this Section 33N applies is an amount equal to three times the fee paid by the issuer or other seller to the person for the services related to the offer of securities, unless the trier of fact finds the person engaged in intentional wrongdoing in providing the services.

(4) A small business issuer making an offer of securities shall provide to the prospective buyer a written disclosure of the limitation of liability created by this Section 33N and shall receive a signed acknowledgement that the disclosure was provided.

Sec. 33-1. Civil Liability of Investment Advisers and Investment Adviser Representatives.

A. Liability of Investment Advisers and Investment Adviser Representatives.

(1) An investment adviser or investment adviser representative who renders services as an investment adviser in violation of Section 12 or an order under Section 23B or 23-2 of this Act is liable to the purchaser, who may sue at law or in equity, for damages in the amount of any consideration paid for the services.

(2) Except as provided by Subsection C of this section, an investment adviser or investment adviser representative who commits fraud or engages in a fraudulent practice in rendering services as an investment adviser is liable to the purchaser, who may sue at law or in equity, for damages.

B. Damages. In damages under Subsection A(2) of this section, the purchaser is entitled to recover:

(1) the amount of any consideration paid for the services, less the amount of any income the purchaser received from acting on the services;

(2) any loss incurred by the person in acting on the services provided by the adviser or representative;

(3) interest at the legal rate for judgments accruing from the date of the payment of consideration; and

(4) to the extent the court considers equitable, court costs and reasonable attorney's fees.

C. Untruth or Omission. An investment adviser or investment adviser representative who in rendering services as an investment adviser makes a false statement of a material fact or omits to state a material fact necessary in order to make the statement made, in light of the circumstances under which the statement is made, not misleading, may not be found liable under Subsection A(2) of this section if the adviser or representative proves:

(1) the purchaser knew of the truth or omission; or

(2) the adviser or representative did not know, and in the exercise of reasonable care could not have known, of the untruth or omission.

D. Statute of Limitations.

(1) A person may not sue under Subsection A(1) of this section more than three years after the violation occurred.

(2) A person may not sue under Subsection A(2) of this section more than five years after the violation occurs or more than three years after the person knew or should have known, by the exercise of reasonable diligence, of the occurrence of the violation.

E. Liability of Control Persons and Assistants.

(1) A person who directly or indirectly controls an investment adviser is jointly and severally liable with the investment adviser under this section, and to the same extent as the investment adviser, unless the controlling person sustains the burden of proof that the person did not know, and in the exercise of reasonable care could not have known, of the existence of the facts by reason of which liability is alleged to exist.

(2) A person who directly or indirectly with intent to deceive or defraud or with reckless disregard for the truth or the law materially aids an investment adviser in conduct for which a cause of action is authorized by this section is jointly and severally liable with the investment adviser in an action to recover damages under this section.

F. A remedy provided by this section is not exclusive of any other applicable remedy provided by law.

FINRA securities brokerage firms with their main offices in Texas:

1ST GLOBAL CAPITAL CORP.
8150 N. CENTRAL EXPRESSWAY, SUITE 500, DALLAS, TX 75206

3 MARK EQUITIES, INC.
1600 HWY. 6 SOUTH, SUITE 400, SUGAR LAND, TX 77478

ABSHIER WEBB DONNELLY & BAKER, INC.
2500 CITY WEST BLVD., SUITE 300, HOUSTON, TX 77042
Mailing Address: 2500 CITY WEST BLVD., SUITE 725, HOUSTON, TX 77042

ACQUEST SECURITIES LLC
1221 MCKINNEY STREET, SUITE 3250, HOUSTON, TX 77010

ACTINVER SECURITIES, INC.
5075 WESTHEIMER, SUITE 650, HOUSTON, TX 77056

AFFILIATED BANKERS CAPITAL, L.L.C.
2801 VIA FORTUNA DRIVE, SUITE 625, AUSTIN, TX 78746

ALLIANCE FINANCIAL GROUP, INC.
5950 BERKSHIRE LANE #1060, DALLAS, TX 75225

AMEGY INVESTMENTS, INC.
4400 POST OAK PARKWAY, HOUSTON, TX 77027
Mailing Address: P.O. BOX 27459, HOUSTON, TX 77227-7459

AMERICAN GENERAL DISTRIBUTORS, INC.
2929 ALLEN PARKWAY, HOUSTON, TX 77019
Mailing Address: 2929 ALLEN PARKWAY L4-01, HOUSTON, TX 77019

AMERICAN GENERAL EQUITY SERVICES CORPORATION
2727-A ALLEN PARKWAY, 2-G7, HOUSTON, TX 77019

AMHERST SECURITIES GROUP, L.P.
7801 NORTH CAPITAL OF TEXAS HIGHWAY, SUITE 300, AUSTIN, TX 78731

ASPEN EQUITY PARTNERS, LLC
2828 N. HARWOOD STREET, #1700, DALLAS, TX 75201

ASSOCIATED BOND BROKERS, INC.
3232 MCKINNEY AVE, STE 690, DALLAS, TX 75204

AWM SERVICES, INC.
1330 POST OAK BOULEVARD, SUITE 1550, HOUSTON, TX 77056

BALANCED FINANCIAL SECURITIES CORPORATION
4A LAKEWAY, ROCKWALL, TX 75032
Mailing Address: P.O. BOX 969, ROCKWALL, TX 75087

BALDWIN ANTHONY SECURITIES, INC.
4131 NORTH CENTRAL EXPWY STE 930, DALLAS, TX 75204

BEHRINGER SECURITIES LP
ONE ADDISON CIRCLE, 15601 DALLAS PARKWAY, SUITE 600, ADDISON, TX 75001

BENJAMIN SECURITIES INVESTMENT COMPANY, INC.
3603 RIDGEVIEW DRIVE, MISSOURI CITY, TX 77459

BENNETT ROSS, INC.
100 EAST 15TH STREET, SUITE 405, FORT WORTH, TX 76102

BFT FINANCIAL GROUP, LLC
2312 SCHOOL LANE, BEDFORD, TX 76021

BLACKHILL ADVISORS LP
2602 MCKINNEY, SUITE 400, DALLAS, TX 75204
Mailing Address: 2602 MCKINNEY AVENUE, SUITE 400, DALLAS, TX 75204

BLEY INVESTMENTS GROUP, INC.
4200 S. HULEN ST STE 519, FT. WORTH, TX 76109
Mailing Address: 4200 S. HULEN ST STE 519, FORT. WORTH, TX 76109

BLUE BELLE INVESTMENT CO., INC.
2001 KIRBY DRIVE, SUITE 909, HOUSTON, TX 77019

BLUFFVIEW CAPITAL, LP
1700 PACIFIC, SUITE 2660, DALLAS, TX 75201

BRAYMEN, LAMBERT AND NOEL SECURITIES, LTD.
4123 MCCULLOUGH, SAN ANTONIO, TX 78212

BRAZOS SECURITIES, INC.
12400 COIT ROAD, SUITE 1040, DALLAS, TX 75251
Mailing Address: 6454 VICKERY BLVD., DALLAS, TX 75214

BROWN AND BROWN SECURITIES, INC.
4925 GREENVILLE AVENUE #990, DALLAS, TX 75206-4026

BULLISH BOB BAGLEY SECURITIES, INC.
2535-A CEDAR SPRINGS, DALLAS, TX 75201

CALDWELL INTERNATIONAL SECURITIES
7635 FM 32, FISCHER, TX 78623

CALLAWAY FINANCIAL SERVICES, INC.
721 N. FIELDER RD. #C, ARLINGTON, TX 76012
Mailing Address: 721 N FIELDER RD #C, ARLINGTON, TX 76012

CAMBRIDGE LEGACY SECURITIES L.L.C.
15660 N DALLAS PARKWAY, SUITE 700, DALLAS, TX 75248

CAPITAL INSTITUTIONAL SERVICES, INC.
1601 ELM STREET, SUITE 3900, DALLAS, TX 75201

CAPNET SECURITIES CORPORATION
15721 PARK ROW, SUITE 100, HOUSTON, TX 77084

CAPROCK SECURITIES, INC.
4601 50TH STREET, SUITE 202, LUBBOCK, TX 79414-3518

CAPSTONE ASSET PLANNING COMPANY
3700 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 250, HOUSTON, TX 77042

CBRE CAPITAL ADVISORS, INC.
2100 MCKINNEY AVENUE, SUITE 900, DALLAS, TX 75201

CHALLENGER CAPITAL GROUP, LTD.
2525 MCKINNON ST., SUITE 300, DALLAS, TX 75201

CHARLES W. PACE SECURITIES GROUP, INC.
4650 COLE AVENUE, #115, DALLAS, TX 75205

CHESTNUT ENERGY PARTNERS, INC.
2201 N. CENTRAL EXPRESSWAY, SUITE 240, RICHARDSON, TX 75080

CHOICE INVESTMENTS, INC.
KALEIDO 1, 9390 RESEARCH BLVD, BLDG 1, STE 412, AUSTIN, TX 78759

CLARK SECURITIES, INC.
2100 ROSS AVENUE, SUITE 2200, DALLAS, TX 75201-7906

CLINGER & CO., INC.
6505 CLAWSON ST., HOUSTON, TX 77055-7103

CND FINANCIAL LTD.
7350 CIRCLE OAK DR., BULVERDE, TX 78163

CNS SECURITIES, LLC
1651 N. COLLINS, SUITE 218, RICHARDSON, TX 75080
Mailing Address: 1651 N. COLLINS, SUITE 218, RICHARDSON, TX 75080

COASTAL SECURITIES, INC.
5555 SAN FELIPE, SUITE 2200, HOUSTON, TX 77056

COBRA TRADING, INC.
825 MARKET STREET, SUITE 240, ALLEN, TX 75013

COMMERCE SECURITIES CORPORATION
710 NO. POST OAK RD., SUITE 400, HOUSTON, TX 77024

COMMERCE STREET CAPITAL, LLC
1445 ROSS AVE. SUITE 2700, DALLAS, TX 75202
Mailing Address: 1445 ROSS AVE. SUITE 2700, DALLAS, TX 75202

CONDERA SECURITIES, LLC
4900 WOODWAY DRIVE, SUITE 940, HOUSTON, TX 77056

CP COGENT SECURITIES LP
2101 CEDAR SPRINGS RD STE 1200, DALLAS, TX 75201

CRESCENT SECURITIES GROUP, INC.
8750 N. CENTRAL EXPRESSWAY, SUITE 750, DALLAS, TX 75231

CRUTCHFIELD SECURITIES, L.L.C.
2700 POST OAK BOULEVARD, SUITE 975, HOUSTON, TX 77056

CSP SECURITIES, LP
13355 NOEL ROAD, SUITE 1050, DALLAS, TX 75240

D.H. HILL SECURITIES, LLLP
7821 FM 1960 E. SUITE B, HUMBLE, TX 77346
Mailing Address: 7821 FM 1960 E., SUITE B, HUMBLE, TX 77346

DBA THE DELTA COMPANY
901 NE LOOP 410, SUITE 711, SAN ANTONIO, TX 78209

DCMB SECURITIES LLC
1800 AUGUSTA, STE 107, HOUSTON, TX 77057

DEEP ATS, LLC
6101 W.COURTYARD, BLDG 1, SUITE 110, AUSTIN, TX 78730

DFA SECURITIES LLC
6300 BEE CAVE ROAD, AUSTIN, TX 78746
Mailing Address: 6300 BEE CAVE ROARD, AUSTIN, TX 78746

DILLON - GAGE SECURITIES, INC.
15301 DALLAS PKWY SUITE 200, ADDISON, TX 75001
Mailing Address: 15301 DALLAS PARKWAY SUITE 200, ADDISON, TX 75001

DLS CAPITAL PARTNERS, INC.
7700 GREENWAY TOWNHOUSE B1, DALLAS, TX 75209

DOMINION INVESTOR SERVICES, INC.
1100 NW LOOP 410, SUITE 800, SAN ANTONIO, TX 78213

DOUGLAS SCOTT SECURITIES, INC.
101 WEST RENNER ROAD, SUITE 480, RICHARDSON, TX 75082

E & G INVESTMENTS, LP
230 WESTCOTT, SUITE 220, HOUSTON, TX 77007

EDI FINANCIAL, INC.
12221 MERIT DRIVE, SUITE 1020, DALLAS, TX 75251-2207

EHRENBERG CHESLER SECURITIES, INC
7373 BROADWAY, SUITE 108, SAN ANTONIO, TX 78209
Mailing Address: 223 JUSTIN ROAD, MURPHY, TX 75094

ELTEKON SECURITIES, LLC
900 S. CAPITAL OF TEXAS HWY, SUITE 160, WEST LAKE HILLS, TX 78746

EMPIRIC DISTRIBUTORS, INC.
6300 BRIDGEPOINT PARKWAY, BUILDING 2, SUITE 105, AUSTIN, TX 78730
Mailing Address: 6300 BRIDGEPOINT PARKWAY, BUILDING II, SUITE 105, AUSTIN, TX 78730

ENERGY CAPITAL SOLUTIONS LLC
2651 NORTH HARWOOD, SUITE 410, DALLAS, TX 75201

ENERGY HUNTER SECURITIES, INC.
777 POST OAK BLVD, SUITE 650, HOUSTON, TX 77056

ENERGYNET.COM, INC.
7201 I-40 WEST SUITE 319, AMARILLO, TX 79106

ENSTREAM CAPITAL SECURITIES, LLC
100 CRESCENT COURT, STE. 700, DALLAS, TX 75201

ESPOSITO SECURITIES, LLC
300 CRESCENT COURT, SUITE 650, DALLAS, TX 75201

ESTRADA HINOJOSA & COMPANY, INC.
1717 MAIN STREET LB 47, DALLAS, TX 75201-7361

FAIRFAX SECURITIES CORPORATION
98 SAN JACINTO BLVD STE 2020, AUSTIN, TX 78701
Mailing Address: 1718 CROMWELL HL, AUSTIN, TX 78703

FALCONBRIDGE CAPITAL MARKETS, LLC
5504 DEMOCRACY DRIVE, SUITE 240, PLANO, TX 75024

FINANCIAL PARADIGMS, INC.
4900 WOODWAY, SUITE 550, HOUSTON, TX 77056

FIRST CANTERBURY SECURITIES, INC.
12989 JUPITER ROAD, SUITE 203, DALLAS, TX 75238-3212

FIRST COMMAND FINANCIAL PLANNING, INC.
1 FIRSTCOMM PLAZA, FORT WORTH, TX 76109
Mailing Address: P.O. BOX 2387, FORT WORTH, TX 76113

FIRST DALLAS SECURITIES INCORPORATED
2905 MAPLE AVENUE, DALLAS, TX 75201

FIRST FINANCIAL SECURITIES OF AMERICA, INC.
515 NORTH SAM HOUSTON PARKWAY EAST, STE. 500, HOUSTON, TX 77060
Mailing Address: PO BOX 670329, HOUSTON, TX 77267-0329

FIRST LONDON SECURITIES CORPORATION
2603 FAIRMOUNT ST, DALLAS, TX 75201

FIRST PUBLIC, LLC
12007 RESEARCH BLVD, AUSTIN, TX 78759

FIRST RESEARCH FINANCIAL
4315 BRIARGROVE LANE, DALLAS, TX 75287

FIRST SOUTHWEST COMPANY
325 N. ST. PAUL ST., SUITE 800, DALLAS, TX 75201-4652

FIRST WESTERN SECURITIES, INC.
669 AIRPORT FREEWAY #409, HURST, TX 76053

FOX FINANCIAL MANAGEMENT CORPORATION
2129 NORTH JOSEY LANE, CARROLLTON, TX 75006

FRIEDMAN, LUZZATTO & CO.
14755 PRESTON RD. STE 510, DALLAS, TX 75254
Mailing Address: 14755 PRESTON RD. STE 510, DALLAS, TX 75254

FROST BROKERAGE SERVICES, INC.
100 W. HOUSTON STREET, SAN ANTONIO, TX 78205
Mailing Address: P.O. BOX 2538, SAN ANTONIO, TX 78299

FROST SECURITIES, INC.
2727 N. HARWOOD STE. 1000, DALLAS, TX 75201-1515

FULCRUM CAPITAL MARKETS LLC
111 CONGRESS AVENUE, SUITE 2550, AUSTIN, TX 78704

FUNDS PLACEMENT GROUP, LLC
2200 ROSS AVENUE, SUITE 4900W, DALLAS, TX 75201

GALWAY CAPITAL, L.P.
3050 POST OAK BLVD., SUITE 1300, HOUSTON, TX 77056

GBM INTERNATIONAL, INC.
2700 POST OAK BLVD., SUITE 1110, HOUSTON, TX 77056

GCP SECURITIES, INC.
712 MAIN STREET, SUITE 2500, HOUSTON, TX 77002

GENERATIONAL CAPITAL MARKETS INC.
14241 DALLAS PARKWAY, SUITE 700, DALLAS, TX 75254

GENEVE INTERNATIONAL CORPORATION
111 LONG WOOD AVENUE, LAKEWAY, TX 78734

GLOBAL FINANCIAL SERVICES, L.L.C.
1330 POST OAK BLVD., STE 2100, HOUSTON, TX 77056-3019
Mailing Address: 1330 POST OAK BLVD, STE 2100, HOUSTON, TX 77056-3019

GOLDEN BENEFICIAL SECURITIES CORPORATION
5850 SAN FELIPE, SUITE 111, HOUSTON, TX 77057
Mailing Address: 5850 SAN FELIPE, SUITE111, HOUSTON, TX 77057

GOLDEN STREAM SECURITIES, INC.
5219 WEATHERSTONE CIRCLE, SUGAR LAND, TX 77479

GOVERNMENT CAPITAL SECURITIES CORPORATION
345 MIRON DR, SOUTHLAKE, TX 76092
Mailing Address: 345 MIRON DR., SOUTHLAKE, TX 76092

GRAND FINANCIAL, INC.
15303 DALLAS PARKWAY STE. 1010, ADDISON, TX 75001

GRB FINANCIAL LLC
1415 W. RANDOL MILL, ARLINGTON, TX 76012

GREAT NATION INVESTMENT CORPORATION
5408-A BELL STREET, AMARILLO, TX 79109
Mailing Address: P.O. BOX 7566, AMARILLO, TX 79114-7566

GREENMAN PARKER CONNALLY GREENMAN INCORPORATED
2800 S HULEN SUITE 201, FT. WORTH, TX 76109

GUARDIAN DIRECT ENERGY PROGRAMS, INC.
140 S. VILLAGE CENTER DR., SOUTHLAKE, TX 76092
Mailing Address: 100 S. VILLAGE CENTER DR., SOUTHLAKE, TX 76902

GUIDESTONE FINANCIAL SERVICES
2401 CEDAR SPRINGS ROAD, DALLAS, TX 75201-1498

GULFSTAR GROUP I, LTD.
700 LOUISIANA STREET STE 3800, HOUSTON, TX 77002
Mailing Address: 700 LOUISIANA ST STE 3800, HOUSTON, TX 77002

GUNN & COMPANY INCORPORATED
711 NAVARRO, SUITE 406, SAN ANTONIO, TX 78205

GURUN INVESTMENT ADVISORS, INC.
4925 GREENVILLE AVE, SUITE 1102, DALLAS, TX 75206-4026

H.D. VEST INVESTMENT SERVICES
6333 NORTH STATE HIGHWAY 161, 4TH FLOOR, IRVING, TX 75038-2200

HAND SECURITIES, INC
820 GESSNER, STE 1250, HOUSTON, TX 77024

HBK GLOBAL SECURITIES L.P.
2101 CEDAR SPRINGS ROAD, SUITE 700, DALLAS, TX 75201

HERNDON PLANT OAKLEY, LTD.
800 NORTH SHORELINE BLVD., SUITE 2200 SOUTH, CORPUS CHRISTI, TX 78401

HFBE CAPITAL, LP
815 WALKER STE 1140, HOUSTON, TX 77002

HINES REAL ESTATE INVESTMENTS, INC.
2800 POST OAK BOULEVARD, SUITE 4700, HOUSTON, TX 77056

HUCKIN FINANCIAL GROUP, INC.
3700 BUFFALO SPEEDWAY, SUITE 950, HOUSTON, TX 77098

IICC - TRADECO, INC.
46 CAROLANE TRAIL, HOUSTON, TX 77024
Mailing Address: P.O.BOX 79228, HOUSTON, TX 77279-9228

ILG SECURITIES CORPORATION
200 W CESAR CHAVEZ, 3RD FLOOR, AUSTIN, TX 78701
Mailing Address: P O BOX 149339, AUSTIN, TX 78714-9339

IMS SECURITIES, INC.
10205 WESTHEIMER, SUITE 500, HOUSTON, TX 77042

INDEPENDENT INVESTMENT BANKERS, CORP.
5918 W. COURTYARD DRIVE, SUITE 550, AUSTIN, TX 78730

INSTITUTIONAL CAPITAL MANAGEMENT, INC.
15721 PARK ROW, SUITE 100, HOUSTON, TX 77084

INSTITUTIONAL SECURITIES CORPORATION
3100 MONTICELLO, SUITE 800, DALLAS, TX 75205

INTERCONTINENTAL ASSET MANAGEMENT GROUP, LTD.
300 CONVENT STREET - SUITE 1350, SAN ANTONIO, TX 78205

INTERNATIONAL RESEARCH SECURITIES, INC.
2301 CEDAR SPRINGS - STE. 150, DALLAS, TX 75201-7801

INVESCO DISTRIBUTORS, INC.
11 GREENWAY PLAZA, SUITE 2500, HOUSTON, TX 77046-1173

INVESTMENT PROFESSIONALS, INC.
16414 SAN PEDRO AVE STE. 150, SAN ANTONIO, TX 78232-2245

INVESTORS BROKERAGE OF TEXAS, LTD.
225 S. 5TH ST., WACO, TX 76701
Mailing Address: P.O. BOX 2683, WACO, TX 76702

KENAI INVESTMENTS, INC.
112 SW 8TH AVE STE 301E, AMARILLO, TX 79101

KENT CAPITAL, INC.
7501 TILLMAN HILL ROAD, COLLEYVILLE, TX 76034

KERCHEVILLE & COMPANY, INC.
15750 IH-10 WEST, SAN ANTONIO, TX 78249

KERSHNER SECURITIES, LLC
1825-B KRAMER LANE, SUITE 200, AUSTIN, TX 78758-4281

KIPLING JONES & CO., LTD.
1200 SMITH STREET, STE. 1600, HOUSTON, TX 77002
Mailing Address: 1200 SMITH STREET, STE. 1600, HOUSTON, TX 77002

KIRK SECURITIES CORPORATION
400 N. CARROLL BLVD., STE. 201, DENTON, TX 76201-9041
Mailing Address: P.O. BOX 1934, DENTON, TX 76202

KMHT SECURITIES, INC
1011 PLUM DRIVE, IRVING, TX 75063

KUYKENDALL & SCHNEIDER, INC.
3405 22ND STREET, SUITE 202, LUBBOCK, TX 79410
Mailing Address: 3405 22ND STREET, LUBBOCK, TX 79410

L. B. FISHER & COMPANY
17300 DALLAS PARKWAY, SUITE 3050, DALLAS, TX 75248

L. B. FISHER & COMPANY
17300 DALLAS PARKWAY, SUITE 3050, DALLAS, TX 75248

LARADORBECKER SECURITIES CORPORATION
32 GOLDEN SCROLL CIRCLE, THE WOODLANDS, TX 77382

LCT CAPITAL, LLC
3012 MEANDERING RIVER CT, AUSTIN, TX 78746

LEGACY ASSET SECURITIES, INC.
1800 WEST LOOP SOUTH STE 1790, HOUSTON, TX 77027

LOWELL & COMPANY, INC.
4021 84TH ST, SUITE 100, LUBBOCK, TX 79423

LUCIEN, STIRLING & GRAY FINANCIAL CORPORATION
4005 GUADALUPE STREET, AUSTIN, TX 78751

M. E. ALLISON & CO., INC.
950 EAST BASSE ROAD, SECOND FLOOR, SAN ANTONIO, TX 78209-1831

MADDEN SECURITIES CORPORATION
1901 NORTH AKARD, DALLAS, TX 75201

MAPLEWOOD INVESTMENT ADVISORS, INC.
8750 N. CENTRAL EXPRESSWAY, SUITE 715, DALLAS, TX 75231

MARINER INVESTMENT GROUP
9601 KATY FREEWAY, SUITE 400, HOUSTON, TX 77024

MBM SECURITIES, INC.
440 LOUISIANA - SUITE 2500, HOUSTON, TX 77002
Mailing Address: 440 LOUISIANA, SUITE 2500, HOUSTON, TX 77002

MCNALLY FINANCIAL SERVICES CORPORATION
1115 TRANQUIL TRAIL DRIVE, SAN ANTONIO, TX 78232-5185
Mailing Address: P.O. BOX 701928, SAN ANTONIO, TX 78270-1928

MHT SECURITIES, L.P.
2000 MCKINNEY AVENUE, SUITE 1200, DALLAS, TX 75201

MICROVENTURE MARKETPLACE INC.
5918 W. COURTYARD DRIVE, SUITE 525, AUSTIN, TX 78730
Mailing Address: 12513 UVALDE CREEK DR., AUSTIN, TX 78732

MID-CONTINENT SECURITIES ADVISORS, LTD.
1218 WEBSTER STREET, HOUSTON, TX 77002-8841

MIDKIFF & STONE CAPITAL GROUP, INC.
4808 PALMETTO, BELLAIRE, TX 77401-3414
Mailing Address: P.O. BOX 705, BELLAIRE, TX 77402-0705

MILKIE/FERGUSON INVESTMENTS, INC.
8750 N.CENTRAL EXPRESSWAY, STE. 1700, DALLAS, TX 75231

MILLENNIUM WAVE INVESTMENTS
3204 BEVERLY, DALLAS, TX 75205

MITCHELL ENERGY ADVISORS, LLC
7515 GREENVIILLE AVENUE, SUITE 905, DALLAS, TX 75231

MONEX SECURITIES, INC.
440 LOUISIANA STREET, SUITE 1500, HOUSTON, TX 77002

MOODY SECURITIES, LLC
6363 WOODWAY SUITE 110, HOUSTON, TX 77057

MORRIS ENERGY ADVISORS, INC.
8 GREENWAY PLAZA, SUITE 1105, HOUSTON, TX 77046

MUNICIPAL CAPITAL MARKETS GROUP, INC.
4851 LBJ FREEWAY - SUITE 200, DALLAS, TX 75244

MURRAY SECURITIES, INC.
909 ESE LOOP 323, SUITE 200, TYLER, TX 75701

MV SECURITIES GROUP, INC.
1001 MCKINNEY, SUITE 1200, HOUSTON, TX 77002

NATIONAL ALLIANCE SECURITIES CORPORATION
1605 LBJ FREEWAY, SUITE 710, DALLAS, TX 75234

NETHERLAND SECURITIES, INC.
12720 HILLCREST ROAD STE 900, DALLAS, TX 75230

NEW INVESTOR WORLD INCORPORATED
6210 CAMPBELL ROAD, SUITE 128, DALLAS, TX 75248

NEXBANK SECURITIES INC
13455 NOEL ROAD, SUITE 1710, DALLAS, TX 75240

NEXT FINANCIAL GROUP, INC.
2500 WILCREST DRIVE, SUITE 620, HOUSTON, TX 77042

NEXTREND SECURITIES, INC.
5200 KELLER SPRINGS RD., #812, DALLAS, TX 75248
Mailing Address: 5200 KELLER SPRINGS ROAD, SUITE 812, DALLAS, TX 75248

NFP SECURITIES, INC.
1250 CAPITAL OF TEXAS HWY S. #2-125, AUSTIN, TX 78746

NOBLES & RICHARDS, INC.
801 EAST PLANO PARKWAY, SUITE 220, PLANO, TX 75074

NORTHGATE SECURITIES INC.
14505 TORREY CHASE, #111, HOUSTON, TX 77014
Mailing Address: 14505 TORREY CHASE, #410, HOUSTON, TX 77014

OMEGA SECURITIES, INC.
309 W. 7TH STREET, STE 900, FORT WORTH, TX 76102-6996
Mailing Address: 309 W. 7TH ST-STE. 900, FORT WORTH, TX 76102-6996

PARKMAN WHALING SECURITIES LLC
600 TRAVIS STREET, SUITE 600, HOUSTON, TX 77002

PENSON FINANCIAL SERVICES, INC.
1700 PACIFIC AVENUE - SUITE 1400, DALLAS, TX 75201
Mailing Address: 1700 PACIFIC AVENUE, SUITE 1400, DALLAS, TX 75201

PERRYMAN SECURITIES, INC.
12221 MERIT DRIVE - SUITE 1725, DALLAS, TX 75251

PETRO CAPITAL SECURITIES, LLC
3838 OAK LAWN, SUITE 1775, DALLAS, TX 75219

PETROGROWTH ENERGY ADVISORS, L.L.C.
433 LAS COLINAS BLVD., SUITE 1200, IRVING, TX 75039

PIVOTAL CAPITAL SOLUTIONS LLC
9015 MOUNTAIN RIDGE DRIVE, SUITE 250, AUSTIN, TX 78759

PLAINSCAPITAL SECURITIES, LLC
2323 VICTORY AVENUE, SUITE 1400, DALLAS, TX 75219

PPHB SECURITIES LP
1900 ST. JAMES PLACE, SUITE 125, HOUSTON, TX 77056

PREFERRED CLIENT GROUP, INC.
3707 DARTMOUTH, DALLAS, TX 75205

PRESIDIO FINANCIAL SERVICES, INC.
755 EAST MULBERRY, SUITE 430, SAN ANTONIO, TX 78212

PRIORITY CAPITAL INVESTMENTS, LLC
33300 EGYPT LANE, SUITE L-500, MAGNOLIA, TX 77354

PROFUTURES FINANCIAL GROUP, INC.
11719 BEE CAVE ROAD, SUITE 200, AUSTIN, TX 78738

PROSPERA FINANCIAL SERVICES, INC.
5429 LBJ FREEWAY, SUITE 400, DALLAS, TX 75240

PURITAN BROKERAGE SERVICES, INC.
16801 ADDISON RD., STE 430, ADDISON, TX 75001
Mailing Address: 16801 ADDISON RD., STE 430, ADDISON, TX 75001

QUANTLAB SECURITIES LP
4200 MONTROSE BOULEVARD, SUITE 200, HOUSTON, TX 77006

RED RIVER SECURITIES, LLC
5601 DEMOCRACY DRIVE, SUITE 280, PLANO, TX 75024

REEF SECURITIES, INC.
1901 N CENTRAL EXPRESSWAY, SUITE 400, RICHARDSON, TX 75080-3558

RHODES SECURITIES, INC.
306 WEST 7TH STREET, SUITE 1000, FT WORTH, TX 76102
Mailing Address: 306 WEST 7TH STREET, SUITE 1000, FORT WORTH, TX 76102

RIVERROCK SECURITIES, LLC
3200 SOUTHWEST FREEWAY, SUITE 3120, HOUSTON, TX 77027

RIVERSTONE WEALTH MANAGEMENT, INC.
7801 CAPITAL OF TEXAS HWY., SUITE 310, AUSTIN, TX 78731

RIVIERE SECURITIES LTD.
1250 S. CAPITAL OF TEXAS HWY., BLDG.2, STE. 120, AUSTIN, TX 78746
Mailing Address: 407 DUCK LAKE, LAKEWAY, TX 78734

S&P INVESTORS, INC.
12720 HILLCREST RD. SUITE 108, DALLAS, TX 75230

SALIENT CAPITAL L.P.
4265 SAN FELIPE, 8TH FLOOR, HOUSTON, TX 77027

SAMCO CAPITAL MARKETS, INC.
6805 CAPITAL OF TEXAS HIGHWAY, SUITE 350, AUSTIN, TX 78731

SANDERS MORRIS HARRIS INC.
600 TRAVIS, SUITE 5800, HOUSTON, TX 77002-3003

SAUSLEY SECURITIES, INC.
1201 ENTERPRISE, 644, LEAGUE CITY, TX 77573
Mailing Address: P.O. BOX 57093, WEBSTER, TX 77598

SCOTT T. TAYLOR, LTD.
14482 HILLSHIRE DR., WILLIS, TX 77318-4478

SECURITIES CORPORATION OF AMERICA
1717 MCKINNEY AVE., SUITE 700, DALLAS, TX 75202

SECURITY CHURCH FINANCE, INC.
14615 BENFER ROAD, HOUSTON, TX 77069

SENDERO SECURITIES, LLC
7373 BROADWAY, SUITE 501, SAN ANTONIO, TX 78209

SETHI FINANCIAL INVESTMENTS, INC.
101 E. PARK BLVD, STE 755, PLANO, TX 75074

SHARE FINANCIAL SERVICES, INC.
15770 DALLAS PARKWAY, SUITE 860, DALLAS, TX 75248

SIGNAL SECURITIES, INC.
700 THROCKMORTON STREET, FORT WORTH, TX 76102-5036

SIMMONS & COMPANY INTERNATIONAL
700 LOUISIANA SUITE 1900, HOUSTON, TX 77002-2753

SL DISTRIBUTORS, INC.
12750 MERIT DRIVE, SUITE 500, DALLAS, TX 75251-1209

SOUTH TEXAS SECURITIES CO.
13027 TAYLORCREST, HOUSTON, TX 77079
Mailing Address: PO BOX 79626, HOUSTON, TX 77279

SOUTHLAKE CAPITAL, L.L.C.
1750 SLEEPY HOLLOW TRAIL, SOUTHLAKE, TX 76092

SOUTHSIDE SECURITIES, INC.
1201 S. BECKHAM AVENUE, TYLER, TX 75701
Mailing Address: P.O. BOX 1079, TYLER, TX 75701

SOUTHWEST MERCHANT GROUP, INC.
3422 BINKLEY AVENUE, DALLAS, TX 75205

SOUTHWEST SECURITIES, INC.
1201 ELM ST, SUITE 3500, DALLAS, TX 75270-2180

SOUTHWESTERN CAPITAL MARKETS, INC.
140 E. HOUSTON STREET, SUITE 201, SAN ANTONIO, TX 78205

SP SECURITIES LLC
1800 ST. JAMES PLACE, SUITE 400, HOUSTON, TX 77056

STARLIGHT INVESTMENTS, LLC
510 BERING DRIVE, SUITE #300, HOUSTON, TX 77057

STATESMAN CORPORATE FINANCE, LLC
1900 WEST LOOP SOUTH, SUITE 1010, HOUSTON, TX 77027

STERLING SMITH CORPORATION
4326A SCOTLAND, HOUSTON, TX 77007

STONEGATE SECURITIES, INC.
5950 SHERRY LANE, SUITE 410, DALLAS, TX 75225

SUMMITALLIANCE SECURITIES, L.L.C.
14785 PRESTON ROAD, STE. 1000, DALLAS, TX 75254

SUNBELT SECURITIES, INC.
5065 WESTHEIMER, SUITE 600, HOUSTON, TX 77056

SWBC INVESTMENT SERVICES, LLC
9311 SAN PEDRO, STE 600, SAN ANTONIO, TX 78216

SWS FINANCIAL SERVICES, INC.
1201 ELM STREET, SUITE 3500, DALLAS, TX 75270

TAG SECURITIES, INC.
5429 LBJ FREEWAY, SUITE 400, DALLAS, TX 75240

TEJAS SECURITIES GROUP, INC.
8226 BEE CAVES ROAD, AUSTIN, TX 78746

TEXAKOMA FINANCIAL, INC.
5601 GRANITE PARKWAY, SUITE 600, PLANO, TX 75024

TEXAS CORPORATE CAPITAL ADVISORS
100 CRESCENT COURT, SUITE 700, DALLAS, TX 75201

TEXAS SECURITIES, INC.
4024 NAZARENE, SUITE B, CARROLLTON, TX 75010

THE CHAMPION GROUP, INC.
401 E. SONTERRA BLVD, SUITE 215, SAN ANTONIO, TX 78258
Mailing Address: 401 E. SONTERRA BLVD, SUITE #215, SAN ANTONIO, TX 78258

THE FIG GROUP, LLC
3710 RAWLINS, SUITE 975, DALLAS, TX 75219

THE FINANCIAL ADVANTAGE COMPANY
423 LAZY BLUFF, SAN ANTONIO, TX 78216-1617
Mailing Address: P.O. BOX 160546, SAN ANTONIO, TX 78280-2746

THE PETROLEUM CLEARINGHOUSE, INC.
500 N SAM HOUSTON PKWY, STE 150, HOUSTON, TX 77067
Mailing Address: P.O. BOX 671787, HOUSTON, TX 77267-1787

THE TIDAL GROUP, INC.
5501 MID CITIES PARKWAY, SUITE 100, SCHERTZ, TX 78154-2413

THORNHILL SECURITIES, INC.
336 SOUTH CONGRESS AVE. STE. 200, AUSTIN, TX 78704

TITAN SECURITIES
14801 QUORUM DR, SUITE 260, DALLAS, TX 75254

TITLEIST ASSET MANAGEMENT, LTD.
7373 BROADWAY, SUITE 108, SAN ANTONIO, TX 78209

TOLARUS CAPITAL ADVISORS, LLC
106 EAST SIXTH STREET, SUITE 900, AUSTIN, TX 78701-3665

TORCH SECURITIES, LLC
770 POST OAK LANE, SUITE 101, HOUSTON, TX 77056

TPEG SECURITIES, LLC
700 N. CARROLL AVE., SUITE 110, SOUTHLAKE, TX 76092
Mailing Address: 700 N. CARROLL AVE. SUITE 110, SOUTHLAKE, TX 76092

TPG CAPITAL BD, LLC
301 COMMERCE STREET, STE 3300, FORT WORTH, TX 76102

TPR INVESTMENTS, L.P.
4 WATERWAY COURT, THE WOODLANDS, TX 77380

TRANSCEND CAPITAL
6500 RIVER PLACE BLVD., BLDG 4, SUITE 102, AUSTIN, TX 78730

TREASURE FINANCIAL CORP.
777 S. CENTRAL EXPRESSWAY, SUITE 101, RICHARDSON, TX 75080

TRI-STAR FINANCIAL
5718 WESTHEIMER SUITE 950, HOUSTON, TX 77057

TRINITY SECURITIES, INC.
3303 OAKWELL COURT, SUITE 210, SAN ANTONIO, TX 78218
Mailing Address: 3303 OAKWELL COURT, SUITE 220, SAN ANTONIO, TX 78218

TRYCO SECURITIES, INC.
3504 WATERCREST DRIVE, PLANO, TX 75093

TUDOR, PICKERING, HOLT & CO. SECURITIES, INC.
1111 BAGBY, SUITE 5000, HOUSTON, TX 77002

U.S. GLOBAL BROKERAGE, INC.
7900 CALLAGHAN ROAD, SAN ANTONIO, TX 78229

USAA FINANCIAL ADVISORS, INC.
9800 FREDERICKSBURG RD., SAN ANTONIO, TX 78288-0227

USAA INVESTMENT MANAGEMENT COMPANY
9800 FREDERICKSBURG ROAD, SAN ANTONIO, TX 78288-0227

USCA SECURITIES LLC
1330 POST OAK BLVD., SUITE 900, HOUSTON, TX 77056

USP SECURITIES CORPORATION
15305 DALLAS PARKWAY, SUITE 1600, ADDISON, TX 75001

VALIC FINANCIAL ADVISORS, INC.
2929 ALLEN PARKWAY, HOUSTON, TX 77019-2158
Mailing Address: P.O. BOX 3206, HOUSTON, TX 77253-3206

VALORES FINAMEX INTERNATIONAL, INC.
PASEO DE LA REFORMA #255 PISO 4, COLONIA CUAUHTEMOC, MEXICO CITY, 06500 MEXICO
Mailing Address: 33300 EGYPT LANE, SUITE E-400, MAGNOLIA, TX 77354

VAN KAMPEN FUNDS INC.
11 GREENWAY PLAZA, SUITE 2500, HOUSTON, TX 77046

VCA SECURITIES, LP
2000 MCKINNEY AVENUE, 6TH FLOOR, DALLAS, TX 75201

VERITRUST FINANCIAL, LLC
3755 CAPITAL OF TX HIGHWAY SOUTH, SUITE 130, AUSTIN, TX 78704
Mailing Address: 3755 CAPITAL OF TX HIGHWAY SOUTH, SUITE 130, AUSTIN, TX 78704

VERT SECURITIES, LLC
3939 ESSEX LANE, STE 130, HOUSTON, TX 77027

VISTA SECURITIES, INC.
9400 NORTH CENTRAL EXPRESSWAY, SUITE 1625, DALLAS, TX 75231

WALL AND COMPANY SECURITIES, INC.
11680 STEPHENVILLE DR, FRISCO, TX 75035

WALTON JOHNSON & COMPANY
2911 TURTLE CREEK BLVD, SUITE 405, DALLAS, TX 75219
Mailing Address: P.O. BOX 192687, DALLAS, TX 75219

WATERFORD CAPITAL, INC.
14175 PROTON ROAD, DALLAS, TX 75244

WATERVIEW SECURITIES, INC.
12201 MERIT DRIVE, SUITE 700, DALLAS, TX 75251

WEALTH SOLUTIONS, INC.
10333 RICHMOND AVE, STE 970, HOUSTON, TX 77042-4115

WEALTHFORGE, LLC
501 EAST FRANKLIN STREET, SUITE 118, RICHMOND, VA 23219

WEAVER TIDWELL CAPITAL, LLC
12221 MERIT DRIVE, SUITE 1400, DALLAS, TX 75251
Mailing Address: 12221 MERIT DRIVE, SUITE 1400, DALLAS, TX 75251

WEISSER JOHNSON CAPITAL LLC
1301 MCKINNEY, SUITE 2810, HOUSTON, TX 77010

WELLER, ANDERSON & CO., LTD.
811 RUSK, SUITE 1725, HOUSTON, TX 77002

WESTERN STRATEGIC ADVISORS, L.L.C.
3100 W. SEVENTH STREET SUITE 300, FORT WORTH, TX 76107

WESTLAKE SECURITIES
2700 VIA FORTUNA SUITE 250, AUSTIN, TX 78746

WFG INVESTMENTS, INC.
2711 N HASKELL AVE., SUITE 2900, DALLAS, TX 75204
Mailing Address: 2711 N HASKELL AVE, SUITE 2900, DALLAS, TX 75204

WILSON STEPHENSON INCORPORATED
100 LEXINGTON STREET, SUITE 150, FORT WORTH, TX 76102

WM. H. MURPHY & CO., INC.
770 SOUTH POST OAK LANE, SUITE 690, HOUSTON, TX 77056

WOODLANDS SECURITIES CORPORATION
10077 GROGANS MILL RD #130, THE WOODLANDS, TX 77380

WOODROCK SECURITIES, L.P.
4265 SAN FELIPE STREET, SUITE 600, HOUSTON, TX 77027

WORLD CHOICE SECURITIES, INC.
1420 BROWN TRAIL, BEDFORD, TX 76022

WORTH FINANCIAL GROUP INC.
16660 DALLAS PARKWAY, SUITE 1600, DALLAS, TX 75248

YOUNGBLOOD SECURITIES CORP.
100 N. CENTRAL EXPRESSWAY #403, RICHARDSON, TX 75080

If an individual investor has a dispute with a FINRA brokerage firm or stock broker, he/she most likely will have to arbitrate through FINRA's Dispute Resolution system. FINRA Arbitration holds arbitration hearings in Nashville, Tennessee and Memphis, Tennessee.

The Securities Fraud Lawyers at Greco & Greco, P.C. represent Tennessee residents in disputes with their financial advisors and securities salespersons, involving claims of suitability, violations of FINRA Rules, negligence, fraud, misrepresentation, ponzi schemes, breach of fiduciary duty, professional malpractice, and other claims.  Please contact Scott Greco for a free attorney consultation about your case.  We serve clients from all areas of Tennessee including Nashville, Memphis, Knoxville, Chattanooga, Clarksville, Murfreesboro, Franklin, Jackson, Johnason City, Bartlett, and Hendersonville.

The Tennessee Department of Commerce and Insurance, Securities Division, in Nashville, Tennessee regulates the sales of securities in the state of Tennessee. Its websiteprovides information on consumer protection, state securities Statutes and Rules, and other securities resources.

Tennessee's Uniform Securities Act is similar to many states' Acts with regard to providing for civil liability for the commission of securities fraud in the sale of securities (including untrue statements of material fact or omissions of material fact). The statute provides for rescission (or damages if the investor no longer owns the security) and interest.

Common Legal Claims by investors against their financial advisors in Tennessee are:

A. Suitability. Prior to recommending the purchase of specific investments or a specific investment strategy to a customer, a stock broker is required to determine that the investments are suitable to that particular investor. A suitability determination is based upon many different factors such as age, investment objectives, risk tolerance, employment situation, needs, income, assets, and investment experience. If an advisor’s recommendations of unsuitable investments result in the investor incurring significant losses, that investor may have a suitability claim against the broker and his/her firm.

B. Churning. Churning occurs when a broker exercises control over an account and allows the broker's interest in making commissions to override the investor's interests in the account. When a broker makes a buy or sell recommendation for an account, that broker should have the investor's best interests based on their investment objectives in mind. If the broker makes excessive buy and sell recommendations for the purposes of generating commissions for the broker by each buy and sell, that broker is engaged in churning the account. Excessive turnover in the assets of the account and/or a high cost to equity percentage are often a sign of churning.

C. Unauthorized Trading. Generally, an investor can have two kinds of an account, non-discretionary and discretionary. In a typical non-discretionary account, the broker must consult with and obtain the consent of the customer prior to making a trade in the account. Unauthorized trading occurs when a broker makes trades in a non-discretionary account without the consent of the customer.

D. Securities Fraud. Most of the claims in this list are subsets of securities fraud which is employing a device, scheme, or artifice to defraud, or obtaining money by means of untrue statements of material facts and failure to state material facts in violation of state blue sky / securities laws or federal law (Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5). If a broker makes false statements to an investor or fails to advise the investor of certain important facts, the investor may be able to recover losses incurred resulting from this fraud.

E. Margin Disputes. Margin trading involves borrowing money from the brokerage firm to purchase securities greater in value than the equity in an investor's account. Due to the risky nature of trading on the margin, disputes with brokers often arise as a result of significant losses. If a broker trades on the margin without the knowledge or consent of the investor, the investor may be able to recover the losses resulting from the fraud.

F. Ponzi Scheme Investment Scams. Ponzi schemes generally involve promises of high returns by salespersons over short periods of time, but in reality result in stealing from Peter to pay Paul. Because returns to investors in ponzi schemes are often paid out of new investment monies from new investors, the scheme will ultimately fall apart when the new investors dry up, leaving all investors often holding a worthless investment. Financial Advisors and their brokerage firms who sell ponzi scheme fraudulent investments may be found liable for selling unsuitable investments, securities fraud, sale of unregistered securities, failure to supervise, and other legal violations.

G. Failure to Supervise Broker. FINRA firms have a duty to supervise their registered brokers, and their failure to do so may form the basis of various legal claims against them. FINRA Rule 3110 states: Each member shall establish and maintain a system to supervise the activities of each registered representative, registered principal, and other associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA Rules. Final responsibility for proper supervision shall rest with the member.

Examples of legal grounds for liability of Broker-Dealers in these situations include:

a) under tort and agency law, principals can be found liable for the acts of their agents even if they are entirely innocent and have received no benefit from the transaction;

b) a broker's Broker-Dealer can also be found liable as a control person of that broker under state and federal securities laws; and

c) claims can be pursued in arbitration based on violations of FINRA rules including Rules related to supervision, suitability, and outside business activities.

Obviously, this list is by no means comprehensive and all of the legal requirements of the above claims stated are not completely set out. This web site is not intended to give legal advice or create an attorney-client relationship. Please contact our securities lawyers for a free consultation if you believe your financial advisor broker may be liable under one of the above claims, or for other wrongful conduct.

Tennessee Code Ǡ48-2-122 Civil Liabilities:

(a) (1) Any person who:

(A) Sells a security in violation of ǧ 48-2-104 -- 48-2-109, 48-2-110(f), or of any condition imposed under Ǡ48-2-107(f), or any rule, or order under this part of which the person has notice; or

(B) Sells a security in violation of Ǡ48-2-121(a) (the purchaser not knowing of the violation of Ǡ48-2-121(a), and who does not carry the burden of proof of showing that the person did not know and in the exercise of reasonable care could not have known of the violation of Ǡ48-2-121(a)); shall be liable to the person purchasing the security from the seller to recover the consideration paid for the security, together with interest at the legal rate from the date of payment, less the amount of any income received on the security, upon the tender of the security, or, if the purchaser no longer owns the security, the amount that would be recoverable upon a tender, less the value of the security when the purchaser disposed of it and interest at the legal rate from the date of disposition.

(2) Tender shall require only notice of willingness to exchange the security for the amount specified.

(3) Any notice may be given by service as in civil actions or by certified mail addressed to the last known address of the person liable.

(b) (1) Any person who purchases a security in violation of Ǡ48-2-121(a) (the seller not knowing of the violation of Ǎ 48-2-121(a), and who does not carry the burden of proof of showing that the purchaser did not know and in the exercise of reasonable care could not have known of the violation of Ǡ48-2-121(a)) shall be liable to the person selling the security to the purchaser to return the security, plus any income received by the purchaser thereon, upon tender of the consideration received, or, if the purchaser no longer owns the security, the excess of the value of the security when the purchaser no longer owns the security, the excess of the value of the security when the purchaser disposed of it, plus interest at the legal rate from the date of disposition, over the consideration paid for the security.

(2) Tender requires only notice of willingness to pay the amount specified in exchange for the security.

(3) Any notice may be given by service as in civil actions or by certified mail to the last known address of the person liable.

(c) (1) Any person who willfully engages in any act or conduct which violates Ǡ48-2-121 shall be liable to any other person (not knowing that any such conduct constituted a violation of Ǡ48-2-121) who purchases or sells any security at a price which was affected by the act or conduct for the damages sustained as a result of such act or conduct unless the person sued shall prove that the person sued acted in good faith and did not know, and in the exercise of reasonable care could not have known, that such act or conduct violated Ǡ48-2-121.

(2) Damages shall be the difference between the price at which the other person purchased or sold securities and the market value which the securities would have had at the time of the other person's purchase or sale in the absence of the act or conduct plus interest at the legal rate.

(d) Any person who shall make or cause to be made any statement in any application, report, or document filed pursuant to this part or any rule or order hereunder or any undertaking contained in a registration statement hereunder, or in any advice given in such person's capacity as an investment adviser, which statement was at the time and in the light of the circumstances under which it was made false or misleading with respect to any material fact, shall be liable to any person (not knowing that any such statement was false or misleading) who, in reliance upon such statement, shall have purchased or sold a security at a price which was affected by such statement, for damages (calculated as provided in subsections (a) and (b)) caused by such reliance, unless the person sued shall prove that the person sued acted in good faith and had no knowledge that such statement was false or misleading and in the exercise of reasonable care could not have known that such statement was false or misleading.

(e) A person seeking to enforce any liability under this section may sue either at law or in equity in any court of competent jurisdiction.

(f) In any such suit under this section, the court may, in its discretion, require an undertaking for the payment of the costs of such suit, and assess reasonable costs, including reasonable attorneys' fees, against either party litigant.

(g) Every person who directly or indirectly controls a person liable under this section, every partner, principal executive officer, or director of such person, every person occupying a similar status or performing similar functions, every employee of such person who materially aids in the act or transaction constituting the violation, and every broker-dealer or agent who materially aids in the act or transaction constituting the violation, are also liable jointly and severally with and to the same extent as such person, unless the person who would be liable under this subsection (g) proves that the person who would be liable did not know, and in the exercise of reasonable care could not have known, of the existence of the facts by reason of which the liability is alleged to exist. There is contribution as in cases of contract among the several persons so liable.

(h) No action shall be maintained under this section unless commenced before the expiration of five (5) years after the act or transaction constituting the violation or the expiration of two (2) years after the discovery of the facts constituting the violation, or after such discovery should have been made by the exercise of reasonable diligence, whichever first expires.

(i) Any condition, stipulation, or provision binding any person acquiring any security to waive compliance with any provision of this part or any rule or order hereunder is void.

(j) The rights and remedies under this part are in addition to any other rights or remedies that may exist at law or in equity.

(k) The legal rate of interest shall be that as provided by Ǡ47-14-121.

FINRA securities brokerage firms with their main offices in Tennessee:

AARON CAPITAL, INCORPORATED
5180 PARK, SUITE 130, MEMPHIS, TN 38119

ADVANCED ASSET TRADING, INC
5050 POPLAR AVE, SUITE 528, MEMPHIS, TN 38157
Mailing Address: 5050 POPLAR AVE NO.528, MEMPHIS, TN 38157

ALLUVION SECURITIES, LLC
5101 WHEELIS DRIVE, SUITE 200, MEMPHIS, TN 38117

AVONDALE PARTNERS, LLC
3102 WEST END AVENUE, SUITE 1100, NASHVILLE, TN 37203
Mailing Address: 3102 WEST END AVE, SUITE 1100, NASHVILLE, TN 37203

BRANDON INVESTMENTS, INC.
5101 WHEELIS ROAD, SUITE 112, MEMPHIS, TN 38117
Mailing Address: P O BOX 770870, MEMPHIS, TN 38177-0870

BRIGHTCHOICE FINANCIAL, LLC
618 CHURCH STREET, SUITE 430, NASHVILLE, TN 37219

BROWN ASSOCIATES, INC.
819 BROAD STREET, CHATTANOOGA, TN 37402-2613
Mailing Address: P.O. BOX 11507, CHATTANOOGA, TN 37401-2507

CAPWEALTH INVESTMENT SERVICES, LLC
3000 MERIDIAN BLVD, SUITE 250, FRANKLIN, TN 37067

CARTY & COMPANY, INC.
6263 POPLAR AVENUE, SUITE 800, MEMPHIS, TN 38119
Mailing Address: P.O. BOX 17527, MEMPHIS, TN 38187-0527

CENTER STREET SECURITIES, INC.
26 CENTURY BLVD., SUITE 301, NASHVILLE, TN 37214

CHICKASAW SECURITIES, LLC
6075 POPLAR AVENUE, SUITE 402, MEMPHIS, TN 38119

COMMERCE SQUARE TRADING, LLC
6075 POPLAR AVENUE - CRESCENT CENTER, SUITE 700, MEMPHIS, TN 38119
Mailing Address: 6075 POPLAR - CRESCENT CENTER, SUITE 700, MEMPHIS, TN 38119

CURTISWOOD CAPITAL, LLC
104 WOODMONT BLVD, SUITE 200, NASHVILLE, TN 37205

CW SECURITIES, LLC
8848 CEDAR SPRINGS LANE, SUITE 201, KNOXVILLE, TN 37923

DEARBORN CAPITAL MARKETS GROUP, LLC
3065 EAST CORPORATE EDGE DRIVE, SUITE 101, GERMANTOWN, TN 38138

DECOSIMO CORPORATE FINANCE, LLC
SUITE 902, TALLAN FINANCIAL CENTER, CHATTANOOGA, TN 37402

DUNCAN-WILLIAMS, INC.
6750 POPLAR A VENUE - SUITE 300, MEMPHIS (SHELBY), TN 38138-7424
Mailing Address: 6750 POPLAR AVENUE - SUIITE 300, MEMPHIS (SHELBY), TN 38138-7424

ENERGY SECURITIES, INC.
1612 WESTGATE CIRCLE, SUITE 120, BRENTWOOD, TN 37027
Mailing Address: 1612 WESTGATE CIRLCE, SUITE 120, BRENTWOOD, TN 37027

EXTENSION ADVISORS, LLC
4015 HILLSBORO PIKE, SUITE 214, NASHVILLE, TN 37215

FIRST CITIZENS FINANCIAL PLUS, INC.
2017 ST. JOHN AVE. SUITE A, DYERSBURG, TN 38024
Mailing Address: PO BOX 370, DYERSBURG, TN 38025-0370

FIRST TENNESSEE BROKERAGE, INC.
530 OAK COURT DRIVE, SUITE 200, MEMPHIS, TN 38117
Mailing Address: P.O. BOX 240655, MEMPHIS, TN 38124-0655

FOURBRIDGES CAPITAL ADVISORS, LLC
1300 BROAD STREET, SUITE 201, CHATTANOOGA, TN 37402

FTN FINANCIAL SECURITIES CORP
845 CROSSOVER LANE STE 150, MEMPHIS, TN 38117
Mailing Address: 845 CROSSOVER LANE, SUITE 150, MEMPHIS, TN 38117

HARPETH SECURITIES, LLC
FIFTH THIRD CENTER, 424 CHURCH STREET - SUITE 2900, NASHVILLE, TN 37219-2334

HOME FINANCIAL SERVICES, INC.
507 MARKET STREET, KNOXVILLE, TN 37902

ICBA SECURITIES
775 RIDGE LAKE BLVD., SUITE 200, MEMPHIS, TN 38120

IROQUOIS CAPITAL ADVISORS, LLC
401 COMMERCE STREET, SUITE 740, NASHVILLE, TN 37219

K CAPITAL LLC
425 CUMBERLAND PLACE, NASHVILLE, TN 37215

LOVELL INCORPORATED
1519 LIPSCOMB DRIVE, BRENTWOOD, TN 37027
Mailing Address: P.O. BOX 157, BRENTWOOD, TN 37024

MORGAN KEEGAN & COMPANY, INC.
FIFTY FRONT STREET, MORGAN KEEGAN TOWER, MEMPHIS, TN 38103-9980

PARTNER CAPITAL GROUP, LLC
6368 CHICKERING CIRCLE, NASHVILLE, TN 37215

SANDERLIN SECURITIES, LLC
5170 SANDERLIN AVE. - SUITE 102, MEMPHIS, TN 38117

SECURITIES SERVICE NETWORK, INC.
9729 COGDILL ROAD, SUITE 301, KNOXVILLE, TN 37932
Mailing Address: POST OFFICE BOX 30977, KNOXVILLE, TN 37930

SEVILLE CAPITAL, INC.
124 MABRY HOOD ROAD, KNOXVILLE, TN 37922

SILVER OAK SECURITIES, INCORPORATED
3339 N. HIGHLAND AVE, JACKSON, TN 38305

TAYLOR SECURITIES, INC.
100 WINNERS CIRCLE, SUITE 400, BRENTWOOD, TN 37027

THE SECURITIES GROUP, LLC
6465 NORTH QUAIL HOLLOW ROAD, SUITE 400, MEMPHIS, TN 38120-1417

THOROUGHBRED FINANCIAL SERVICES, LLC
5110 MARYLAND WAY, SUITE 300, BRENTWOOD, TN 37027

TRUSTCORE INVESTMENTS, INC.
105 WESTWOOD PLACE, SUITE 400, BRENTWOOD, TN 37027-1015

TRUSTFIRST
265 BROOKVIEW CENTRE WAY, SUITE 504, KNOXVILLE, TN 37919

VELOCITYHEALTH SECURITIES, INC.
95 WHITE BRIDGE ROAD, SUITE 409, NASHVILLE, TN 37205

VINING SPARKS
775 RIDGE LAKE BLVD., SUITE 200, MEMPHIS, TN 38120

WILEY BROS.-AINTREE CAPITAL, LLC
40 BURTON HILLS BLVD., SUITE 350, NASHVILLE, TN 37215

WUNDERLICH SECURITIES, INC.
6000 POPLAR AVENUE, SUITE 150, MEMPHIS, TN 38119