{"id":2621,"date":"2017-01-17T00:00:00","date_gmt":"2017-01-17T05:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/finra-sanctions-cetera\/"},"modified":"2018-10-08T12:38:32","modified_gmt":"2018-10-08T16:38:32","slug":"finra-sanctions-cetera","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/finra-sanctions-cetera\/","title":{"rendered":"Cetera Investment Services, LLC Sanctioned by FINRA for Failure to Notify of Material Changes to Accounts"},"content":{"rendered":"

Cetera Investment Services, LLC (CRD# 15340)<\/a> entered into a Letter of Acceptance, Waiver and Consent (\u201cAWC\u201d)<\/a> with FINRA after the regulatory body alleged it failed to notify account owners regarding changes to their account records.<\/p>\n

According to the AWC, from October 1, 2008 through November 15, 2013, Cetera failed to mail or otherwise furnish 57,881 notifications to account owners of record regarding changes to their accounts, including, changes in the name of the account holder, address changes and more importantly, investment objective changes in the account.\u00a0 The significance of this that any change in the investment objectives in the account would affect what would be considered a suitable investment<\/a>.<\/p>\n

As part of the AWC, Cetera agreed to a censure and a fine in the amount of $75,000.\u00a0 Since Cetera\u2019s formation in November 2012, it has been subject to nine (9) disclosures on its FINRA BrokerCheck report.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Cetera Investment Services, LLC (CRD# 15340) entered into a Letter of Acceptance, Waiver and Consent (\u201cAWC\u201d) with FINRA after the regulatory body alleged it failed to notify account owners regarding changes to their account records. According to the AWC, from October 1, 2008 through November 15, 2013, Cetera failed to mail or otherwise furnish 57,881 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[577,595,580],"tags":[105,106,265,266],"class_list":["post-2621","post","type-post","status-publish","format-standard","hentry","category-finra-disciplinary-actions","category-investment-fraud","category-stockbroker-misconduct","tag-cetera-advisor-networks","tag-cetera-financial-group","tag-cetera-investment-services","tag-fined-by-finra"],"yoast_head":"\nCetera Sanctioned by FINRA for Failure to Provide Account Notifications for Material Changes to the Account<\/title>\n<meta name=\"description\" content=\"Cetera Investment Services, LLC (CRD# 15340) entered into a Letter of Acceptance, Waiver and Consent (\u201cAWC\u201d) with FINRA after the regulatory body alleged — January 17, 2017\" \/>\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-sanctions-cetera\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cetera Sanctioned by FINRA for Failure to Provide Account Notifications for Material Changes to the Account\" \/>\n<meta name=\"twitter:description\" content=\"Cetera Investment Services, LLC (CRD# 15340) entered into a Letter of Acceptance, Waiver and Consent (\u201cAWC\u201d) with FINRA after the regulatory body alleged — January 17, 2017\" \/>\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=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cetera Sanctioned by FINRA for Failure to Provide Account Notifications for Material Changes to the Account","description":"Cetera Investment Services, LLC (CRD# 15340) entered into a Letter of Acceptance, Waiver and Consent (\u201cAWC\u201d) with FINRA after the regulatory body alleged — January 17, 2017","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-sanctions-cetera\/","twitter_card":"summary_large_image","twitter_title":"Cetera Sanctioned by FINRA for Failure to Provide Account Notifications for Material Changes to the Account","twitter_description":"Cetera Investment Services, LLC (CRD# 15340) entered into a Letter of Acceptance, Waiver and Consent (\u201cAWC\u201d) with FINRA after the regulatory body alleged — January 17, 2017","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/finra-sanctions-cetera\/","url":"https:\/\/www.silverlaw.com\/blog\/finra-sanctions-cetera\/","name":"Cetera Sanctioned by FINRA for Failure to Provide Account Notifications for Material Changes to the Account","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"datePublished":"2017-01-17T05:00:00+00:00","dateModified":"2018-10-08T16:38:32+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Cetera Investment Services, LLC (CRD# 15340) entered into a Letter of Acceptance, Waiver and Consent (\u201cAWC\u201d) with FINRA after the regulatory body alleged — January 17, 2017","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/finra-sanctions-cetera\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/finra-sanctions-cetera\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/finra-sanctions-cetera\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Cetera Investment Services, LLC Sanctioned by FINRA for Failure to Notify of Material Changes to Accounts"}]},{"@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:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/image\/","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\/2621","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=2621"}],"version-history":[{"count":4,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/2621\/revisions"}],"predecessor-version":[{"id":6947,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/2621\/revisions\/6947"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=2621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=2621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=2621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}