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Albert Aizin is Involved in an Alternative Investment Dispute

Albert Aizin (CRD #: 4359951), a previously registered broker with FSC Securities Corporation, is the subject of an investor dispute. This is according to her BrokerCheck record, accessed on February 23, 2024. Details concerning this dispute are provided below. 

Alternative Investment Allegations 

On November 28, 2023, an investor alleged that Albert Aizin recommended an unsuitable alternative investment. The investor is seeking $100,000. 

What is an Unsuitable Investment?

Alternative investments are often unsuitable because of their high risk. FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

  • Age
  • Risk tolerance
  • Time horizon (i.e., how long the investor plans to hold the investment)
  • Investing experience
  • Tax status
  • Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

Albert Aizin has passed the following exams: 

  • Series 66 Uniform Combined State Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 
  • Series 6 Investment Company Products/ Variable Contracts Representative Examination 

During his 19 years of experience, Albert Aizin has registered with three firms: 

  • FSC Securities (CRD #: 7461) 
  • Syndicated Capital (CRD #: 29037) 
  • Legacy Financial Services (CRD #: 38697)

Kurta Law Can Help 

If you have worked with Albert Aizin and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.

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