Articles Tagged with microcap securities

You may be able to do so in the Financial Industry Regulatory Authority (FINRA) arbitration forum if you have suffered losses with Puma Capital. According to a recent Letter of Acceptance, Waiver and Consent (AWC) with FINRA, Puma Capital allegedly failed to develop and implement an anti-money laundering program that was reasonably designed to achieve and monitor compliance with the Bank Secrecy Act and implementing regulations. Specifically, the firm failed to implement policies and procedures that could be reasonably expected to detect and cause the reporting of potentially suspicious activity relating to the liquidation of millions of shares of microcap securities. These are in violation of securities laws and internal firm rules. For this, the firm was fined $70,000 and censured. If you or someone you know suffered money losses with Puma Capital, you may be able to recover them on a contingency fee basis, which means we only get paid if you recover your losses.

FOX Business
The Wall Street Journal
FOX News Channel
USA Today
abc NEWS
Contact Information