The SEC and FINRA can use extensive investigative means and prosecute churning with severe penalties. This issue makes headlines on Wall Street that extend beyond New York markets and create national or even international attention.
If you are dealing with an investigation or churning charge, contact a federal criminal defense and New York churning defense attorney immediately. Attorney Nishay K. Sanan understands the need to be discrete and has the skill required to effectively defend cases against tough FINRA arbitration panels. In these cases, it is important to take swift legal action and form a sound strategy of defense.
Generating commissions and the inappropriate loss of investor assets from excessive trading is considered stock broker churning. In many jurisdictions, churning is considered a breach of securities law and a federal crime. An allegation of churning is a serious crime with far-reaching implications. Just the allegation alone is significant enough to ruin a career and tarnish a personal reputation. A guilty verdict can be punishable by jail time, penalties and the loss of professional licenses required for work in the financial field.
From more than 15 years of legal experience and a business background in tax accounting, lawyer Nishay K. Sanan understands the complex nature of financial law and the seriousness of an allegation of churning. He has provided knowledgeable representation for clients in Manhattan for a variety of white collar crimes. In every case, he meticulously reviews volumes of documentation to identify a strategic defense. He will do everything possible to avert charges, have cases dismissed, provide effective trial defense or reduce penalties.
Manhattan Broker Churning Attorney
Contact attorney Nishay K. Sanan, Esq., if you are under investigation or accused of stockbroker churning. Please call his Manhattan law office at 646-461-7564 or 888-335-6504 or send an e-mail. While initial consultations are free, clients may be asked to reimburse for travel expenses.
