TFS Securities, Inc. Financial Advisor William Greenfield Sanctioned By The Securities Exchange Commission For Violation Of The Investment Advisers Act
The Wolper Law Firm is currently investigating claims against William Greenfield, a Financial Advisor at TFS Securities, Inc. in Cherry Hill, New Jersey. William Greenfield has been in the financial services industry since 1987 and previously worked for Network 1 Financial Securities and 1st Global Capital Corp. He is also the owner of WealthBridge Advisory Services, LLC.
According to publicly available records released by the Securities Exchange Commission (SEC), on July 10, 2018, the SEC instituted proceedings against William Greenfield, ordering him to cease and desist the activities that constituted alleged violations of the Investment Advisers Act of 1940. Specifically, it was alleged:
“Greenfield caused TFS’s violations of Section 206(4) of the Advisers Act and Rule 206(4)-1(a)(1) thereunder, which states that it shall constitute a fraudulent, deceptive, or manipulative act, practice, or course of business for any investment adviser registered or required to be registered under the Advisers Act, directly or indirectly, to publish, circulate, or distribute any advertisement which refers, directly or indirectly, to any testimonial of any kind concerning the investment adviser or concerning any advice, analysis, report or other service rendered by such investment adviser.”
Contemporaneous with the filing of the aforementioned cease and desist proceeding, William Greenfield agreed to resolve the claims brought by the SEC through the payment of a fine.
If you or someone you know was a customer of William Greenfield, and you experienced investment losses, please contact the Wolper Law Firm at 800.931.8452 or by email at email@example.com to discuss your specific situation and the legal options available. The Wolper Law Firm represents investors nationwide in securities litigation and arbitration.
Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyers who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. His industry insight, experience and knowledge gives his clients a competitive advantage
- Former Vestech Securities Broker, Randy T. Carpen, Barred By FINRA For Failure To Cooperate Into Investigation Of Alleged Excessive Trading
- Former Van Clemens Broker, Peter D. Monson, Suspended Six Months By FINRA For Alleged Excessive And Unsuitable Trading
- The Wolper Law Firm Files $1 Million FINRA Arbitration Claim Against Lighthouse Capital Group Based On The Recommendations Of Financial Advisors, Rena Morris And Stephen Holt
- Former National Securities Corp. Broker, Jason Hawke, Has Eight Customer Complaints, Two Employment Terminations And A Regulatory Sanction
- Former Valic Financial Advisors Broker, Antonio Gutierriez Puente, Barred By FINRA For Failing To Cooperate In Investigation Into Whether He Engaged In Private Securities Transaction
- Cetera Advisor Networks Broker, Victor Rigoni, Has Six Disclosed Customer Complaints, Including Two Pending And Three Settled Complaints
- Investors In Market Linked Notes And Steepener Notes Continue To Experience Loss Of Principal And Income
- Investors In Market Linked CDs Continue To Experience Loss Of Principal And Income
- Recovery Options For Investors Who Purchases GPB Capital Through Kalos Broker, Gary Imel
- Former Cape Securities And Current IBN Financial Services Broker, Kevin Meadows, Suspended Three Months By FINRA