Home \ Keywords \ Rule 4111

You are here

Rule 4111

Stopping 'Predatory Wolf Packs' from Ripping You Off

It’s hard to believe, but some brokerage firms specialize in hiring recidivist brokers ⁠— those with 3, 4, 5 and even more customer-related disciplinary infractions on their record. These “predator wolf-pack” firms populated with recidivist brokers have a business model that maximizes profits by targeting and ripping off unsuspecting, vulnerable and often elderly investors, breaking FINRA and other rules along the way.