Richard Frankowski

/Richard Frankowski
Richard Frankowski

About Richard Frankowski

Richard Frankowski is licensed in Alabama and Florida and a Member of The Frankowski Firm, LLC, Mr. Frankowski’s practice focuses on complex consumer and commercial litigation with an emphasis on securities litigation and arbitration. He has participated in class cases pending in Alabama, California, Florida, Massachusetts, New York, North Carolina and West Virginia. Mr. Frankowski has represented hundreds of consumers in over 80 FINRA arbitrations. These cases have involved claims of suitability, churning, fraud, negligence, and violations of state securities acts.

Are Broker-Dealers and Investment Advisors Prepared for Cyber-Attacks?

Last month, the SEC’s Office of Compliance Inspections and Examinations (“OCIE”) published its findings on susceptibility to cyber-attacks, having investigated 57 registered broker-dealers and 49 […]

By |April 14th, 2015|Categories: Advisors|Tags: , , |0 Comments

Update to Accredited Investor Definition Coming

The Securities and Exchange Commission recently met to discuss and hash out whether it should revise the standards that define an “accredited investor”.  Broker dealers […]

Charles Schwab – The Robo-Broker

Charles Schwab is about to roll out a new service, the robo-broker,  they hope will be a small step towards the future of financial advising.  The […]

What to Ask When a Stock Broker Changes Firms

When a stock broker or financial advisor moves from one firm to another, their clients will usually follow them.  However, the clients will often have […]

A Penny for Your Penny Stocks

The Financial Industry Regulatory Authority (FINRA) recently fined a Minneapolis broker-dealer $1 million for not properly supervising its large penny stock business. The action charges that […]

By |September 25th, 2014|Categories: Scams|Tags: , , , , , , , , |0 Comments

Stockbrokers Disclosure Proposed Rule Pulled

FINRA has withdrawn a controversial proposed rule that would have forced stockbrokers to tell their clients why they decided to work at a given brokerage […]