Lose money after investing in a GPB Capital Holdings Fund? take action
We can help recover your investment loss. Free consultations, always. CONTACT US

What Are Private Securities Transactions?

As an investor, you’re putting a lot of your trust, not to mention your money, in the hands of your financial advisor or stockbroker. But when your broker defrauds you, you may be able to recover your investment losses by pursuing arbitration with the Financial Industry Regulatory Authority (FINRA).

One of the more common ways that brokers have been known to take advantage of their investors is by engaging in private securities transactions, or selling away. Below, we provide additional information about what private securities transactions are and how to go about initiating a FINRA arbitration complaint.

FINRA Rule 3280: Private Securities Transactions

FINRA Rule 3280 describes the regulations surrounding private securities transactions of an associated person. A private securities transaction occurs when a registered agent or associated person sells an investment opportunity that is not offered by the brokerage firm or financial institution employing the associated person. As mentioned, this is also known as “selling away” within the securities industry.

The trouble with private securities transactions is that they are often unregistered—one of the telltale signs of an unsuitable investment. The brokerage firm hasn’t had the opportunity to do their due diligence and therefore has no idea whether the private security is legitimate.

Recovering Investment Losses Caused by Private Securities Transactions

You may not always be aware of what types of products are offered by your brokerage firm. Some brokers have been known to take advantage of this by selling away under the radar until a considerable loss occurs.

If you have endured losses because your broker suggested private securities transactions without informing you of what they are or the risks associated with them, you may be entitled to full restitution. A FINRA arbitration complaint could be the best way to recover your losses and put this experience behind you.

Get Help from a Lawyer if You’ve Been Defrauded

When you suffer catastrophic losses caused by private securities transaction investments suggested or controlled by your stockbroker, you may be entitled to full restitution. Contact a lawyer at Wolper Law Firm to discuss your path to financial recovery. We can be reached by phone at 800.931.8452 or through the online contact form we have provided below.

Now is the time to talk to an investment loss recovery lawyer. We can help recover your investment loss. Free consultations, always.
or call 800.931.8452
Main Office - Fort Lauderdale

1250 S. Pine Island Road
Suite 325
Plantation, FL 33324
Phone: 800.931.8452

Additional Office Locations (by appointment only)

3355 Lenox Road
Suite 7
Atlanta, GA 30326


13295 N. Illinois St.
Suite 314
Indianapolis, IN 46032

New York City

275 Madison Avenue
Suite 705
New York, NY 10016


3102 Maple Ave.
Suite 400
Dallas, TX 75201


5933 NE Win Sivers Drive
Suite 205
Portland, OR 97220


7900 E. Union Ave.
Suite 1100
Denver, CO 80237


1700 Park Street
Suite 103
Naperville, IL 60563


1001 Fourth Ave.
Seattle, WA 98154