Bo Li, formerly of J.P. Morgan Securities, Barred by FINRA
Have you lost money with financial advisor Bo Li of Salt Lake City, Utah? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Bo S. Li. In July 2016, FINRA filed a complaint and sought to bar Li from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Li regarding allegations that he was fired by his brokerage firm, J.P. Morgan Securities, because he allegedly structured transactions in his personal bank account to avoid federal reporting requirements. On December 6, 2016, FINRA barred him because he did not respond.
Bo Li was a financial advisor and registered representative of J.P. Morgan Securities from October 2012 to November 2014, and with Chase Investment Services from January 2011 to October 2012. He worked at a branch office in Salt Lake City, Utah.
Brokerage firms like J.P. Morgan Securities 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 Denver, Colorado and the Seattle area. We represent investors in FINRA arbitration proceedings in all 50 states, including numerous investors in Utah in the past, including victims of the Dee Randall fraud. Our attorneys have represented over one thousand investors against many brokerage firms in the past.
Click to view: Bo Li FINRA Order
Click to view: Bo Li BrokerCheck 12.9.16
IF YOU LOST MONEY WITH BO LI OR J.P. MORGAN SECURITIES, PLEASE CONTACT US AT 720-599-3505 FOR A FREE EVALUATION OF YOUR CASE.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.