Andrea Wood, previously with Integrity Brokerage Services, Suspended by FINRA
Have you lost money with financial advisors Andrea Wood and Marc Jaffe? We are looking into allegations made about Andrea Wood from Indianapolis, Indiana. FINRA (the Financial Industry Regulatory Authority) suspended Wood from the securities industry for twelve months and fined her $5,000. FINRA was investigating Wood regarding allegations that she permitted and enabled another advisor, Marc Jaffe, with securities business, despite the fact that Jaffe was disqualified from the securities industry.
Andrea Wood was a financial advisor and registered representative of Integrity Brokerage Services from December 2015 to November 2020. She worked in branch offices in Indianapolis, Indiana. Wood was also involved with Integrity Capital Management, Finance 500, and F500 Advisory Services.
Brokerage firms like Integrity Brokerage Services have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Ann Arbor, Michigan; Denver, Colorado; Seattle, Washington; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including Indiana. Our attorneys have represented over one thousand investors against many brokerage firms in the past.