HAT TIP: BH Group Direct Email Solicitation
What we like about Brad Huebner and his BH Group (what an “original” name) is that he is an EXCELLENT “Example” of what we feel are Con Men who will be running “Cons” on this Dinarian Community AFTER our highly anticipated RV event and blessing!!!
Those of you who are unfortunately “suckered” in to following this man who seems to have an endless supply of “legidimate sounding” con schemes – best of luck to you, maybe he is not lieing and maybe he has your best interests at heart and will make you rich beyond belief!!! Of course, maybe pink Unicorns are real too…….
So, we were minding our own business and then we received this email, and have already issued a warning last week (see Post) about this latest “LDHL” scheme!
But, we know he will be selling this strong to those unfortunate enough to listen to his newest Conference Calls or receive future emails. I bet Brad would just love to know which email in his list is ours… LOL!!!
Well, anyways, we have many concerns about the nature of his email below.
We could not help but wonder how FINRA Compliant his email is, and is Brad even properly Licensed by FINRA to make such a solicitation of Securities???
IN OTHER WORDS, DID BRAD JUST BREAK THE LAW WITH THIS EMAIL???
Securities are among the highest regulated product of anything – this is not like selling a widget over the internet – there are rules and laws that MUST BE ADHERED TO!!!
One Exmaple (of many) From Finra’s Website (LINK):
Approval and Supervision (NASD Rules 2210(b) and 3010)
Web communications that meet the definitions of advertisements, sales literature or independently prepared reprints set forth in NASD Rule 2210(a) must be approved prior to use and in writing by a registered principal of the broker dealer. For example, a website or search engine advertisement must be approved before use. In addition, the rules require that correspondence (which can include email and instant messages) distributed to more than 25 individuals within a 30-day period also receive prior-to-use principal approval. For example, an email message that contains a recommendation of a security and is distributed to more than 25 existing clients must be approved. Firms may employ an electronic system to capture and document these approvals.
Now, there is a lot of regulation, so lets break this down to hopefully a little more simple outline for you:
You must be Licensed to sell or advertise Securities (link to FAQ for Guidelines) – even if you are not directly selling Securities, but are working as an “Adviser” (i.e. Radio Host, Author, Writer, etc.) you must be Series 65 Licensed.
Any offer to sell Securities must be made to a client that is “known”. What does “known” mean, well in simple terms that means that they have you take a survey of questions that asks you your name, age, financial condition, family status (i.e. kids, other dependents), retirement goals, amount of earnings, amount of debt, assets, etc.
We don’t know if Brad Huber or BH Group is properly licensed to sell securities – let him prove that to you!
We also don’t believe that Brad “knew” you. Since we are sure he sent this email out to more than 25 people within a 30 day period – we believe Brad has violated SEC / FINRA Rules!
But, who are we to “judge”, we will let the SEC / FINRA decide for themselves, and we encourage you to report his email to you as well. (LINK To File A Complaint)
This may be “Strike Two” for this man – see our earlier post which exposes Brad for being Investigated by the FBI for $3,000,000.00 in “missing” Investor’s Funds!!!
Question – No matter how “slick” Brad sounds – do you want to trust him anymore?
~ Mr. IQD
NOTE / DISCLAIMER: THE REPRINT BELOW IS THE COPIED EMAIL SENT BY BRAD HUEBNER / BH GROUP – WE DO NOT ENDORSE OR APPROVE ANY OF ITS CONTENT AND HAVE REPRINTED IT FOR ILLUSTRATION PURPOSES ONLY – WE ARE NOT SOLICITING FOR SALES OF SECURITIES.
For those of you considering diversifying your investment money both pre and post RV, I would like to present a “ground floor” opportunity with a Public company that I’ve personally invested in. This says a lot because I normally don’t invest in the stock market.
In the last 60 days this thinly traded stock has gone from .02 cents to Continue reading