National investment loss lawyers KlaymanToskes is investigating barred broker Dana Vietor (CRD# 873129) formerly of CFD Investments.
According to FINRA BrokerCheck, broker Dana Vietor has been permanently barred from acting as a broker by FINRA, in connection with findings that he allegedly engaged in the sale of promissory notes called “Deposit Agreements” in connection with at least 40 customers totaling more than $3 million.
Investors that suffered losses with broker Dana Vietor are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor Dana Vietor formerly of CFD Investments has been barred by the Financial Industry Regulatory Authority (“FINRA”). Between January 1, 2014 and November 11, 2018, Vietor allegedly engaged in the sale of promissory notes called “Deposit Agreements” in connection with at least 40 customers totaling more than $3 million. The Deposit Agreements were unregistered securities, and Vietor engaged in these sales without disclosing and receiving approval from his firms for each individual private securities transaction, in violation of NASD Rule 3040 (for conduct prior to September 21, 2015), FINRA Rule 3280 (for conduct on and after September 21, 2015), and FINRA Rule 2010.
The findings stated that Vietor, along with other business partners, was engaged in a start-up business venture that required funding. The deposit agreements raised funds for entities associated with the business venture. Vietor is a member of the management team that manages these entities and has membership interests in each. Therefore, Vietor received indirect selling compensation. According to FINRA BrokerCheck, Vietor was previously registered as a broker with CFD Investments from July 2016 to November 2018 in Dallas, TX.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Dana Vietor, or have concerns regarding your investment portfolio at CFD Investments, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.