ATTENTION HJ SIMS BOCA RATON FL CUSTOMERS: KlaymanToskes Announces Investigation of HJ Sims’s Boca Raton, FL Branch in Light of the SEC’s Recent $250,000 Fine for Unsuitable Variable Interest Rate Structured Products Recommendations

ATTENTION HJ SIMS BOCA RATON FL CUSTOMERS: KlaymanToskes Announces Investigation of HJ Sims’s Boca Raton, FL Branch in Light of the SEC’s Recent $250,000 Fine for Unsuitable Variable Interest Rate Structured Products Recommendations

National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation (“HJ Sims Boca Raton FL Investigation”) into the Boca Raton, Florida branch of Herbert J. Sims & Co., Inc. (“HJ Sims”) in light of the SEC’s recent $250,000 fine of the brokerage firm relating to its failure to supervise their registered representatives’ unsuitable recommendations of variable interest rate structured products to certain customers. What Are Variable Interest Rate Structured Products? Variable Interest Rate Structured Products, or VRSPs, sold by HJ Sims were structured securities typically issued by large well-known financial institutions with stated fixed maturity periods and periodic interest…