Stockbroker Misconduct and Investment Fraud Blog

FINRA Expels Broker and Fines Brokerage Firm

FINRA Expels Broker and Fines Brokerage Firm

FINRA has fined Miami-based securities brokerage firm NSM Securities and expelled West Palm Beach-resident Naveen K. Bhagwani. According to FINRA, Bhagwani and another broker made hundreds of unauthorized trades, churned customer accounts, and...