Bancorp International Group Inc (fka BCIT)

[AlanC]

Expect little help from FINRA as they are captured regulators owned by the very firms they are supposed to regulate. Tf you think they are going to protect investors, think again. They protect their own. Your brokerage account requires you to file for arbitration however the good news is once you have done this you can then go to the courts seeking justice. The more FINRA is exposed and the more cases filed the more folks hear about this case. The industry which is already considered rigged and ripe with fraud and criminal acts doesn't need more negative publicity but they will not pay us unless ordered to do so imho.
Check this out:
PRESSURE ON FINRA TO ISSUE HIGHER FINES

The Financial Industry Regulatory Authority didn’t discipline any Wall Street executives in the five years leading up to 2013 — and the pressure is mounting on the Wall Street watchdog to toughen up. WSJ’s Jean Eaglesham: “Finra, an industry-funded regulator, levied big penalties during that period at a rate that badly trailed the Securities and Exchange Commission, according to an analysis by The Wall Street Journal of the two regulators’ enforcement actions. Finra imposed fines of $1 million or more 55 times through 2013, or less than once a month on average, compared with 259 times for the SEC over the same period, the analysis showed.

“The SEC’s fines against financial firms in that period reached as high as $300 million, dwarfing Finra’s highest of $12 million, the analysis shows.”
http://on.wsj.com/1nRRlLv

Pressure on the SEC and more cases being filed could prompt action. Go BCIT!!!