Broker-Dealer Profiles | Page 7 | Cold Spring Advisory Group

Broker-Dealer Profiles

National Securities Corporation (CRD# 7569) (SEC# 8-164)

National Securities Corporation is a licensed brokerage firm based in Seattle, WA. The firm registered with the Financial Industry Regulatory Authority (FINRA) in 1947, and is licensed to operate in 53 U.S. states and territories.

National Securities has a history of regulatory and customer complaints, and currently has 59 regulatory events, 12 arbitrations and 2 civil disclosure events on its FINRA BrokerCheck report. Of note, in December 2014, FINRA censured and fined National Securities $35,000 for reclassifying customer complaints as sales practice violations and for filing late reports about customer complaints and settlements. The findings stated that National Securities failed to enforce its written supervisory procedures (WSPS) regarding required reporting.

J.D. Nicholas & Associates, Inc. (CRD #44791) (SEC #8-50822)

J.D. Nicholas & Associates, Inc. (JDNAA) is a broker-dealer located in Syosset, NY. JDNAA was formed in Florida and registered with the Federal Industry Regulatory Authority (FINRA) and the Securities Exchange Commission (SEC) in 1998. JDNAA is licensed to operate in 52 U.S. states and territories. J.D. Nicholas, formerly known as A&F Financial, has 6 regulatory events on its FINRA BrokerCheck report, the most recent occurring in March, 2015. J.D.

Meyers Associates, L.P. (CRD# 34171) (SEC# 8-46219)

Meyers Associates, L.P. is a brokerage firm located at 45 Broadway, 2nd Floor, New York, NY. The firm, classified as a partnership, registered with the SEC in 1993 and with FINRA in 1994. Meyers Associates is currently licensed to operate in 52 U.S. states and territories, however a consent order entered on March 24, 2015 suspended the firm's Connecticut broker-dealer registration for 60 days, and ordered the firm's CEO, Bruce Meyers to withdraw his Connecticut registration as a broker-dealer agent of Meyers Associates.