{"id":2703,"date":"2016-08-26T00:00:00","date_gmt":"2016-08-26T04:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/silver-law-group-files-finra-arbitration-claim-involving-churning-two-national-brokerdealers-financial-advisor-curtis-milakovich\/"},"modified":"2016-08-26T00:00:00","modified_gmt":"2016-08-26T04:00:00","slug":"silver-law-group-files-finra-arbitration-claim-involving-churning-two-national-brokerdealers-financial-advisor-curtis-milakovich","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-files-finra-arbitration-claim-involving-churning-two-national-brokerdealers-financial-advisor-curtis-milakovich\/","title":{"rendered":"Silver Law Group Files FINRA Arbitration Claim Involving Churning Against Two National Broker\/Dealers and Financial Advisor Curtis Milakovich"},"content":{"rendered":"<\/p>\n

The Silver Law Group has filed an arbitration claim before FINRA on behalf of two Florida teachers alleging, among other things, that financial advisor Curtis Milakovich (CRD# 5471527)<\/a> churned their accounts while two national broker\/dealers turned a blind eye.<\/p>\n

The claim also alleges that the two national broker\/dealers did not follow adequate policies and procedures to address the misconduct and failed to follow up on the red flags that would have alerted them to the misconduct being perpetrated on the clients who lost significant portions of their retirement savings.\u00a0 At times, Milakovich operated as Aspire Wealth Management.<\/a><\/p>\n

Excessive trading or \u201cchurning<\/a>,\u201d as it is known in the industry, is the act of a broker who excessively and needlessly engages in trading in a client\u2019s account primarily to generate commissions for the broker on each trade without regard for the client\u2019s financial well-being.\u00a0 Churning is an illegal and unethical practice that violates SEC rules and securities laws.<\/p>\n

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

The Silver Law Group has filed an arbitration claim before FINRA on behalf of two Florida teachers alleging, among other things, that financial advisor Curtis Milakovich (CRD# 5471527) churned their accounts while two national broker\/dealers turned a blind eye. The claim also alleges that the two national broker\/dealers did not follow adequate policies and procedures […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[589],"tags":[300,301,302,131],"class_list":["post-2703","post","type-post","status-publish","format-standard","hentry","category-churning-2","tag-aspire-wealth-management","tag-churning","tag-curtis-milakovich","tag-finra-arbitration-2"],"yoast_head":"\nSilver Law Group Files FINRA Arbitration Claim Involving Churning Against Two National Broker\/Dealers and Financial Advisor Curtis Milakovich — Securities Arbitration Lawyers Blog — August 26, 2016<\/title>\n<meta name=\"description\" content=\"The Silver Law Group has filed an arbitration claim before FINRA on behalf of two Florida teachers alleging, among other things, that financial advisor — August 26, 2016\" \/>\n<meta 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