VFinance Investments, Inc. (VFinance) of Boca Raton, Florida submitted a Letter of Acceptance, Waiver and Consent (AWC) to the Financial Industry Regulatory Authority (FINRA) for allegedly failing to timely execute client orders.
FINRA found that on eight occasions, VFinance failed to execute customers’ orders in Over-The-Counter (OTC) securities. VFinance allegedly did not execute customer orders at the same price or a better price than what they had been trading in the market. This conduct is a violation of FINRA Rule 5320 and 2010. Continue Reading