Carter David Mansbach of New York New York a stockbroker currently registered with National Securities Corporation is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer sought $300,000.00 in damages supported by allegations of Mansbach’s unsuitable over-the-counter equities transactions while he was associated with National Securities Corp. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-03491 (Oct. 19, 2020). The claim alleges that Mansbach made misrepresentations regarding equity trades.
This is not the first time that Mansbach’s sales practices have been scrutinized by an investor. FINRA Public Disclosure additionally shows that a customer filed an investment related complaint concerning Mansbach’s activities where the customer requested compensatory damages based on accusations of excessive stock trades by Mansbach while he was registered with National Securities Corporation.
Mansbach has been registered with National Securities Corporation as a stockbroker since February 10, 2017, and registered with National Asset Management Inc. as an investment adviser representative since March 23, 2017. Mansbach has been associated with four different securities broker dealers which have been expelled by regulators for violation of federal securities laws or are otherwise defunct.