The Financial Industry Regulatory Authority (FINRA) recently barred Marat Zeltser, who allegedly violated a number of securities laws, including he invested money in triple leveraged ETFs over long periods of time among other claims. FINRA opened their investigation against him in January 2015, before which he was discharged from Pointe Capital Inc. for violating the firm’s advertising policy and the use of unapproved communications. Brokers have a responsibility to treat investors fairly, which includes obligations such as making only suitable investments for the client. There must be a reasonable basis for the recommendation of the product or security and due diligence on the broker’s part.
Zeltser was registered with Meyers Associates, Pointe Capital, Liberty Partners Financial Services, John Thomas Financial, Mercer Capital Ltd., Buckman, Buckman & Reid, Charles Vista LLC, Caldwell International Securities and Meyers Associates in Brookly, New York from October 2014 until April 2015. According to his FINRA online BrokerCheck report, he has one customer dispute against him and it is currently pending. Please call our securities law firm if you would like to bring a claim against Marat Zeltser for investment losses.
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