The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding New York-based brokerage firm Halliday Financial LLC (CRD# 31741).
Formed in New York in 2013, Halliday Financial is headquartered in Glen Head, New York and registered in 33 US states and territories. Sean Shahriar Mohammadi is President and General Securities Principal; Rachel Holste Pino is Financial Operations Principal and Chief Compliance Officer; the direct parent company is HRC Investment Services.
According to the firm’s BrokerCheck report, Halliday Financial is the subject of one regulatory sanction.
In July 2015 the New Hampshire Bureau of Securities sanctioned Halliday Financial following allegations of unlicensed broker activity in one New Hampshire account. The firm was issued a fine of $5,000.
According to FINRA rules and federal securities laws, securities representatives must not only pass examinations to conduct securities business, but also apply for and receive registration in each state they wish to conduct business. Unregistered persons may not conduct securities transactions or even, with few exceptions, contact prospective customers, and may be sanctioned or otherwise disciplined for engaging in unregistered activities. Broker-dealer firms may not pay employees who are unregistered on any basis other than a salary or hourly wage; that is, unregistered persons may not receive commissions or other sales fees for conducting securities transactions. Brokerage firms like Halliday Financial are required to conduct a reasonable investigation to ensure that all employees who conduct securities transactions are properly registered to do so. Brokers, investment advisers, and broker-dealer firms who engage in unregistered activity may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you or someone you know has a complaint regarding Halliday Financial, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.