{"id":10495,"date":"2022-03-24T09:55:27","date_gmt":"2022-03-24T13:55:27","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=10495"},"modified":"2022-03-24T09:55:27","modified_gmt":"2022-03-24T13:55:27","slug":"finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/","title":{"rendered":"FINRA Suspends Broker Alan Feigenbaum After Unauthorized Trading"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10493 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/03\/Alan-Feigenbaum.png\" alt=\"Alan Feigenbaum (Alan Scot Feigenbaum, CRD# 3132230) is a previously registered broker and investment advisor whose last known employer was Newbridge Securities Corporation (CRD#:104065) of Boynton Beach, FL. His previous employers were National Securities Corporation (CRD#:7569) and Prime Capital Services, Inc. (CRD#:18334), also of Boynton Beach. He has been in the industry since 1999.  While employed at National Securities, the firm allowed Feigenbaum to resign on his own. Allegations surfaced that he misused the firm's trading platform to execute trades and client accounts without their written permission nor the firm\u2019s. The reason given on his Form U5 termination form was, \u201cImproper use of the Firm's trading platform to execute trades in client accounts.\u201d  Feigenbaum was then employed with Newbridge Securities Corporation. He continued to enter orders on a discretionary basis for 2,000 trades in 120 customer accounts. Some of these customers were senior citizens. The customers had permitted Feigenbaum to exercise discretion, but none had given him written authorization. Neither National nor Newbridge approved these accounts as discretionary. However, there were no complaints from the customers. Feigenbaum continued to exercise discretion without authorization even after receiving a written letter of caution from his supervisor at National for similar activity in September of 2015.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/03\/Alan-Feigenbaum.png 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/03\/Alan-Feigenbaum-180x120.png 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Alan Feigenbaum (Alan Scot Feigenbaum, <a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/3132230\" target=\"_blank\">CRD# 3132230<\/a>) is a previously registered broker and investment advisor whose last known employer was Newbridge Securities Corporation (CRD#:104065) of Boynton Beach, FL. His previous employers were National Securities Corporation (CRD#:7569) and Prime Capital Services, Inc. (CRD#:18334), also of Boynton Beach. He has been in the industry since 1999. <a href=\"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/#more-10495\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alan Feigenbaum (Alan Scot Feigenbaum, CRD# 3132230) is a previously registered broker and investment advisor whose last known employer was Newbridge Securities Corporation (CRD#:104065) of Boynton Beach, FL. His previous employers were National Securities Corporation (CRD#:7569) and Prime Capital Services, Inc. (CRD#:18334), also of Boynton Beach. He has been in the industry since 1999. Continue [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[580,581],"tags":[],"class_list":["post-10495","post","type-post","status-publish","format-standard","hentry","category-stockbroker-misconduct","category-unauthorized-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FINRA Suspends Broker Alan Feigenbaum After Unauthorized Trading &#8212;<\/title>\n<meta name=\"description\" content=\"Alan Feigenbaum is a former broker and investment advisor whose last known employer was Newbridge Securities of Boynton Beach, FL.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"FINRA Suspends Broker Alan Feigenbaum After Unauthorized Trading &#8212;\" \/>\n<meta name=\"twitter:description\" content=\"Alan Feigenbaum is a former broker and investment advisor whose last known employer was Newbridge Securities of Boynton Beach, FL.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/03\/Alan-Feigenbaum.png\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FINRA Suspends Broker Alan Feigenbaum After Unauthorized Trading &#8212;","description":"Alan Feigenbaum is a former broker and investment advisor whose last known employer was Newbridge Securities of Boynton Beach, FL.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/","twitter_card":"summary_large_image","twitter_title":"FINRA Suspends Broker Alan Feigenbaum After Unauthorized Trading &#8212;","twitter_description":"Alan Feigenbaum is a former broker and investment advisor whose last known employer was Newbridge Securities of Boynton Beach, FL.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/03\/Alan-Feigenbaum.png","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"FINRA Suspends Broker Alan Feigenbaum After Unauthorized Trading","datePublished":"2022-03-24T13:55:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/"},"wordCount":572,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/03\/Alan-Feigenbaum.png","articleSection":["Stockbroker Misconduct","Unauthorized Trading"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/","url":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/","name":"FINRA Suspends Broker Alan Feigenbaum After Unauthorized Trading &#8212;","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/03\/Alan-Feigenbaum.png","datePublished":"2022-03-24T13:55:27+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Alan Feigenbaum is a former broker and investment advisor whose last known employer was Newbridge Securities of Boynton Beach, FL.","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/#primaryimage","url":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/03\/Alan-Feigenbaum.png","contentUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/03\/Alan-Feigenbaum.png"},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/finra-suspends-broker-alan-feigenbaum-after-unauthorized-trading\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"FINRA Suspends Broker Alan Feigenbaum After Unauthorized Trading"}]},{"@type":"WebSite","@id":"https:\/\/www.silverlaw.com\/blog\/#website","url":"https:\/\/www.silverlaw.com\/blog\/","name":"Securities Arbitration Lawyers Blog","description":"Published by Securities Arbitration Lawyers \u2014 Silver Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silverlaw.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752","name":"Silver Law Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","caption":"Silver Law Group"}}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/10495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/comments?post=10495"}],"version-history":[{"count":2,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/10495\/revisions"}],"predecessor-version":[{"id":10497,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/10495\/revisions\/10497"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=10495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=10495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=10495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}