Tag Archives: Sands Brothers

Laidlaw Broker Suspended For Unauthorized Trading

November 28, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Michael James RescinitiĀ of Melville, New York, a stockbroker formerly registered with Laidlaw & Company (UK) Ltd., has been suspended for seven months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he executed trades in customer accounts without their permission. Letter of Acceptance, Waiver and […]

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Laidlaw And Company Fined For Overcharging Customers

Laidlaw & Company LTD., headquartered in London, England, was censured and fined $10,000.00 by Financial Industry Regulatory Authority (FINRA) after consenting to findings that the firm had charged customers with excessive commissions on equity transactions. Letter of Acceptance, Waiver and Consent, No. 2014040622201 (July 21, 2016). According to the AWC, from April 2013 through June […]

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