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.