San Diego, CA (PRWEB) July 30, 2009
On Tuesday, July 28, 2009 FINRA Securities Regulators announced that UBS Financial Services, Inc. and Merrill Lynch have been fined in connection with unsuitable short term trading of Closed End Fund Initial Public Offerings.
Miller & Milove, leading San Diego based (http://www.cmofraud.com) Securities Attorneys, currently represent a former retail customer of UBS Financial Services, Inc. (formerly known as PaineWebber) in connection with the short term trading and repeated "swapping" of Closed End Fund IPO's and high quality Municipal Bonds at the UBS Century City, California branch (FINRA Case No. 08-00273).
Miller & Milove continues its investigation of unlawful sales practices of UBS Financial Services, Inc. and encourages victims of unsuitable and short term trading of Closed End Bond Funds, Municipal Bonds or IPO's of Closed End Funds to contact Miller & Milove.
The nationally recognized Law Firm of Miller & Milove represents investors victimized by financial fraud and mismanagement. Conservative bond, income and stock investors continue to become aware of fraudulent practices of Securities Brokers, Investment Advisors and Wall Street firms in the wake of the national financial crisis. Investors have been misled and suffered substantial losses in various Closed End Bond and Mutual Funds, Structured Investment Products, purported Income Funds and the like that were represented as safe havens for conservative investors.
Securities Regulators and investors' attorneys such as Miller & Milove continue to discover fraudulent sales practices which have caused substantial damage to the investing public.
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