The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Indiana-based brokerage firm CFD Investments (CRD# 25427).
Formed in Indiana in 1986, CFD Investments is headquartered in Kokomo, Indiana and registered with 52 US states and territories. Brent Owens is President; Matthew Bahrenburg is Chief Compliance Officer; Terry May is Treasurer. According to the firm’s BrokerCheck report, CFD Investments is the subject of four regulatory sanctions.
In 2014 the Oklahoma Insurance Commissioner sanctioned CFD Investments following allegations the firm submitted a materially inaccurate application. The firm was issued a fine of $300.
In 2014 the Financial Industry Regulatory Authority (FINRA) sanctioned CFD Investments following allegations the firm executed transactions in Trade Reporting and Compliance Engine (TRACE)-eligible securities that it did not report to the TRACE system, and failed to have any written supervisory procedures pertaining to the reporting of such. The firm was censured and issued a fine of $12,500.
In 2014 the Ohio Department sanctioned CFD Investments following allegations it failed to timely file a regulatory action. The firm was issued a $400 fine.
In 2013 FINRA sanctioned CFD Investments following allegations the firm failed to respond to red flags pertaining to a former registered representative’s involvement in the conversion of funds. CFD Investments was censured and issued a fine of $100,000.
If you have complaints regarding or have lost money investing with CFD Investments, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. Fitapelli Kurta takes every case on a contingency basis, which means Fitapelli Kurta only gets paid if and when you collect money. By law there may be a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.