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Juan Liang Named in Pending Arbitration

Nov 15, 2022 Unsuitable Investments

Juan Liang (CRD #: 6860076), a broker registered with NI Advisors, is named in a pending arbitration, according to his BrokerCheck record, accessed on November 4, 2022. Read on if you want to know more about his conduct as a broker.

Pending Arbitration

On September 15, 2022, Juan Liang was named in an arbitration filing alleging fraud, negligence, unsuitability, and other claims with regard to the sale of GWG L bonds in 2019. This arbitration is currently pending.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

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

Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds by seeking out FINRA arbitration.

What is broker negligence?

Broker negligence can come in many forms. Common examples of negligence include misrepresentations and omissions, unauthorized trading, and unsuitable investment recommendations. Investors who have lost money through broker negligence may be able to recover their funds by pursuing FINRA arbitration.

Background Information

Juan Liang has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Juan Liang is a registered broker in California.

Kurta Law Can Help

If you worked with Juan Liang and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and 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.