{"id":11248,"date":"2023-11-21T17:26:59","date_gmt":"2023-11-21T22:26:59","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=11248"},"modified":"2023-11-21T17:26:59","modified_gmt":"2023-11-21T22:26:59","slug":"scott-silver-esq-highlights-risk-of-finras-after-the-fact-fines","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/scott-silver-esq-highlights-risk-of-finras-after-the-fact-fines\/","title":{"rendered":"Scott Silver, Esq. Highlights Risk Of FINRA&#8217;s After The Fact Fines"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10372 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall.jpg\" alt=\"Silver Law Group founder and managing partner Scott Silver has been featured in an article on Investment News\u2019 website where he discusses FINRA\u2019s increased scrutiny of brokers and investment advisors who recommended and sold high-risk private placements and other investments from Dallas-based GPB Private Holdings.\n\nScott has been working with some of GPB\u2019s investors to help recoup some of the lost funds. \u201cFrom my clients\u2019 perspective, it\u2019s frustrating to see FINRA charging brokers after the nail is in the coffin of their portfolios due to speculative, overconcentrated positions in risky alternatives,\u201d Mr. Silver said. \u201cIn this day and age, it\u2019s not hard to track brokers doing this kind of behavior that could be prohibited at time of sale. And it gives the investor no solace to see this kind of slap on the wrist years after the fact.\u201d\n\nThe focus on individual brokers who sold GPB may be too little, too late. One of Silver Law Group\u2019s clients is a 67-year-old person who made an investment of $50,000 into one of GPB\u2019s private placements in June of 2015. Despite the requirement that private placements should only be sold to investors with a specific net worth or annual income, or shown to be an accredited wealth investor, this investor was sold a private placement anyway.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall-180x120.jpg 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Silver Law Group founder and managing partner Scott Silver has been featured in <a href=\"https:\/\/www.investmentnews.com\/finra-tags-advisor-for-sales-of-gpb-alternatives-244349\" target=\"_blank\">an article<\/a> on Investment News\u2019 website where he discusses FINRA\u2019s increased scrutiny of brokers and investment advisors who recommended and sold high-risk private placements and other investments from Dallas-based GPB Private Holdings. <a href=\"https:\/\/www.silverlaw.com\/blog\/scott-silver-esq-highlights-risk-of-finras-after-the-fact-fines\/#more-11248\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Silver Law Group founder and managing partner Scott Silver has been featured in an article on Investment News\u2019 website where he discusses FINRA\u2019s increased scrutiny of brokers and investment advisors who recommended and sold high-risk private placements and other investments from Dallas-based GPB Private Holdings. Continue reading \u203a<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[588,699],"tags":[],"class_list":["post-11248","post","type-post","status-publish","format-standard","hentry","category-finra-arbitration","category-private-placement"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Scott Silver, Esq. Highlights Risk Of FINRA&#039;s After The Fact Fines<\/title>\n<meta name=\"description\" content=\"Silver Law Group founder and managing partner Scott Silver has been featured in an article on Investment News\u2019 website where he discusses FINRA\u2019s increased scrutiny of brokers and investment advisors who recommended and sold high-risk private placements and other investments from Dallas-based GPB Private Holdings.\" \/>\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\/scott-silver-esq-highlights-risk-of-finras-after-the-fact-fines\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Scott Silver, Esq. Highlights Risk Of FINRA&#039;s After The Fact Fines\" \/>\n<meta name=\"twitter:description\" content=\"Silver Law Group founder and managing partner Scott Silver has been featured in an article on Investment News\u2019 website where he discusses FINRA\u2019s increased scrutiny of brokers and investment advisors who recommended and sold high-risk private placements and other investments from Dallas-based GPB Private Holdings.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall.jpg\" \/>\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=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Scott Silver, Esq. 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Highlights Risk Of FINRA's After The Fact Fines","twitter_description":"Silver Law Group founder and managing partner Scott Silver has been featured in an article on Investment News\u2019 website where he discusses FINRA\u2019s increased scrutiny of brokers and investment advisors who recommended and sold high-risk private placements and other investments from Dallas-based GPB Private Holdings.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/scott-silver-esq-highlights-risk-of-finras-after-the-fact-fines\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/scott-silver-esq-highlights-risk-of-finras-after-the-fact-fines\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Scott Silver, Esq. 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