The Securities and Exchange Commission (SEC) is an agency of the federal government that is charged with the regulation and oversight of the securities business. It writes rules governing the issuance of securities, securities exchanges, and brokerage firms. The Division of Enforcement of the SEC also investigates violations of the securities laws and rules. However, as a law enforcement agency, the SEC is mainly concerned with punishing and preventing violations of applicable law and rules, not with helping particular investors.

The Securities and Exchange Commision will usually not help you get your money back when your stockbroker has been guilty of fraud or misconduct. While you can file a complaint with the Securities and Exchange Commission, the SEC does not conduct stockbroker arbitrations or mediations, and it will not act as your lawyer, advisor, or attorney.

If you wish recover your losses , you must file a claim, either on your own or with the help of an attorney or lawyer, preferably one who is experienced with representing investors and conducting investment arbitrations before the NASD. There are many such lawyers who are willing to give you a free consultation without any obligation.

You can learn more about how investors can recover losses resulting from broker fraud or misconduct by starting at our home page .

DISCLAIMER: Vincent DiCarlo, who authored and maintained this site, has entered government service and, as of September 1, 2008, is no longer engaged in the private practice of law.  Therefore, this site is no longer being maintained,  may not be accurate, and should not be relied upon.  It is not now and was not ever intended as legal advice.  It is being provided for historical purposes, and for the benefit of those lawyers who are capable of independently verifying the information and judging the opinions in it, and then reaching their own conclusions.  You are strongly advised to consult qualified legal counsel before adopting any of the ideas or suggestions in this material, which may or may not be applicable in your jurisdiction or to your specific situation, and may no longer be accurate or prudent in any case.  The opinions and statements at this site were solely those of the author.  They were not and are not those of, nor were they nor are they made on behalf of, any agency of government or anyone else.

Copyright © 1998-2008 Vincent DiCarlo