Unauthorized Trading
Your broker cannot make trades in your account without your prior authorization.
Unauthorized trading occurs when a broker executes trades in a customer's account without obtaining prior authorization. Unless you have given your broker written discretionary authority, every trade requires your approval. Unauthorized trading is a clear violation of securities regulations and can result in significant investor losses.
Think You Have a Claim?
Tracy Stoneman offers free initial consultations. With over 30 years of exclusive securities litigation experience, she can quickly assess the merits of your case.