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Re: None

Friday, 11/19/2010 2:30:57 PM

Friday, November 19, 2010 2:30:57 PM

Post# of 263707
This is what I recieved from FINRA. FYI

I will be making a case to SEC of the weekend:

I am responding to your email to Todd Saltzman dated November 19, 2010.

In order to pursue this claim further, you would need to initiate a legal proceeding against the firm, as well as any other person or entity you deem as an appropriate party.

FINRA sponsors a forum for securities dispute resolution. Our arbitration program administers claims involving customers of brokerage firms and disputes between brokerage firms and their employees. In a customer case, the respondent should be either a firm and/or someone associated with a firm. To determine whether the respondents you are naming are FINRA firms or associated persons, you may consult the FINRA’s BrokerCheck Program on the Web at www.finra.org/Investors/ToolsCalculators/ BrokerCheck/index.htm, or call the Broker-Check Hotline at (800) 289-9999 Monday through Friday from 8 a.m. to 8 p.m. Eastern Time.

This link describes the arbitration process and the materials you will need to file an arbitration claim:
http://www.finra.org/ArbitrationMediation/Parties/Overview/P007950

Absent a pre-existing agreement to arbitrate disputes between you and the firm, you may also be free to pursue this matter by filing a lawsuit in a court of competent jurisdiction.

FINRA Dispute Resolution is not authorized to give legal advice or to comment on the merits of your case. If you feel that you need legal advice, we recommend that you consult a lawyer.

Additionally, if you believe you have been the subject of unfair or improper business conduct by a brokerage firm or broker, you may file an investor complaint with FINRA by clicking here: https://apps.finra.org/Investor_Information/Complaints/complaintCenter.asp

You are free to also file an investor complaint with the SEC or other appropriate state or federal regulatory agency.

Please do not hesitate to contact me if you have any questions or if I can be of any further assistance.

David Carey
(212) 858- 4333