Andrew Kramer, formerly of Capitol Securities Management, Barred from Securities Industry
Have you lost money with financial advisor Andrew Kramer of Brooklyn, New York? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Andrew B. Kramer. FINRA barred Kramer from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Kramer after he was terminated by his brokerage firm, Capitol Securities Management.
Andrew Kramer was a financial advisor and registered representative of Capitol Securities Management from September 2014 to May 2016. Kramer was also affiliated with Northeast Securities from July 2010 to September 2014. He worked at a branch office in Brooklyn, New York. Kramer has been the subject of at least six customer disputes. One of the customer’s alleged that Kramer had employed a strategy thinking that a bear market was coming, and when the bull market continued, the client lost money. Kramer also operated a company called Kramer Capital Management.
Brokerage firms like Capitol Securities Management 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 investors in New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past.
Click to view: Kramer, Andrew FINRA AWC
Click to view: Kramer, Andrew BrokerCheck 4.18.17
If you lost money with Andrew Kramer or Capitol Securities Management, 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.