Selling Away

Private securities transactions (otherwise known as “selling away”) are outside business activities involving securities transactions and are governed by NASD Conduct Rules. Broker/dealers have very strict rules on the sale of securities that are not reported to the company and representatives are precluded from engaging in any private securities transactions without prior written permission from the company. Oftentimes, stock brokers are involved in the improper recommendation of securities such as Private Placements and/or Ponzi schemes that cause substantial damages.

If your registered representative recommended an outside investment (such as a Ponzi scheme) to you which resulted in substantial damages, immediately contact the attorneys at Mathews Giberson LLP to learn more about your rights.

Please contact us at 954-463-1929 to discuss your particular needs. We look forward to hearing from you.