Practice areas
Unauthorized Trading
Unauthorized trading is any trade a broker makes in your account without your permission. Unless you gave written discretionary authority, your broker must get your approval before each trade. Losses from unauthorized trades can be recovered.
If any of this sounds like your account, the next step costs nothing: a free, honest evaluation. Tell me what happened or call (719) 783-0303.
Common questions
Unauthorized Trading: what clients ask
My broker said he had my verbal okay. Is that enough?
For each individual trade, prior approval is required. Ongoing discretion to trade without asking each time requires written authorization that the firm has accepted. A broker who trades on his own judgment without that authority is breaking the rules.
What if I did not complain right away?
Many investors only notice unauthorized trades later, or were told by the broker that it was handled. A delay can complicate a claim but does not automatically defeat it. Raise it in writing and get the account reviewed as soon as you can.
What should I do if I see a trade I did not approve?
Write to the firm, not just the broker, to dispute it, keep a copy, and save your statements and trade confirmations. Then have the account reviewed before deciding on next steps.
Your move
A free evaluation has no downside other than your time.
Tell me what happened. I will tell you honestly whether you have a case worth pursuing — and every way I can be paid, including contingency: nothing unless you recover.