CP Capital Securities Fined $70,000 for Private Placement Sales

We are currently investigating allegations made against CP Capital Securities, a Miami, Florida-based securities brokerage firm.  FINRA (the Financial Industry Regulatory Authority) brought a regulatory action against CP Capital Securities, making numerous allegations regarding its conduct, including that it failed to maintain an adequate supervisory system in connection with the sale of notes in a Columbian energy company.

FINRA alleged that CP Capital Securities sold $2.53 million in notes of a Columbian energy company from October to December 2011.  CP Capital acted as the co-placement agent for the investment.  FINRA alleged that CP Capital’s supervisory system was inadequate to detect potential violations of securities rules and regulations, including Rule 144A and Regulation S.  To settle these allegations, CP Capital agreed to pay a fine of $70,000.

CP Capital Securities has been involved in a number of securities offerings, including Panamerican Capital Partners, Inc.

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.  Our attorneys have represented over one thousand investors against many brokerage firms in the past, including Legend Securities, LPL Financial, Merrill Lynch, Morgan Stanley, Smith Barney, Stifel Nicolaus & Company, UBS Financial Services, Oppenheimer, Charles Schwab, Wells Fargo Advisors, Ameriprise Financial Services, Raymond James, ProEquities, Securities America, National Securities Corp., and many others.

Click to view:  CP Capital FINRA AWC

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