A broker is, by definition, an intermediary, one who makes his or her money on the commissions obtained from the selling and buying of shares that belong to third parties.
Sometimes, a stockbroker might try to download his or her own holding of a certain security onto an unsuspecting investor; this practice is known as selling away. When selling securities from their own holdings, stockbrokers must make sure they are telling investors so, if not they might be committing fraud.
Schedule A Free Initial Consultation Today
If you are facing a legal dispute related to your investments, it’s in your interest to work with an experienced attorney who can provide you with the advice you need to reach a resolution that reflects your interests. The first step is to meet with a lawyer in person so you can learn more about your legal options.