Broker Stephen Kaufman and Suing LPL Financial For Investment Losses

According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), Stephen Kaufman allegedly exercised discretion without written authorization in the accounts of 12 customers. This is in violation of FINRA rules. For these, Kaufman was fined $5,000 and suspended from associating in any and all capacities with…