SEC Charges North American Clearing, Inc. With Misusing Customer Funds :: Stock Broker Fraud Blog
SEC Charges North American Clearing, Inc. With Misusing Customer Funds :: Stock Broker Fraud Blog The U.S. District Court for the Middle District of Florida has granted the Securities and Exchange Commission’s motion for emergency relief, including an asset freeze, to prevent North American Clearing Inc. from misusing customer funds. The general securities and clearing brokerage company is accused of using client funds to finance its daily operations and conceal its financial state.
