Cape Securities Inc.

05/08/2026: From July 2020 to March 2023, Cape Securities failed to establish and maintain a supervisory system, including written supervisory procedures, reasonably designed to achieve compliance with Rule 15l-1(a)(1) of the Securities Exchange Act of 1934 (Reg BI). Cape Securities also failed to reasonably supervise its registered representatives’ recommendations to purchase GWG L Bonds and non-traditional exchange-traded products (NT-ETPs) for compliance with Reg BI. As a result, Cape Securities willfully violated Reg BI and violated FINRA Rules 3110 and 2010. In addition, from May 2023 to March 2025, the firm failed to timely respond to eight requests for information made pursuant to FINRA Rule 8210, in violation of FINRA Rules 8210 and 2010. For these violations, the firm is censured and ordered to pay partial restitution of $145,072.62, plus interest...

Reference 2021069370604finra.orgdata-portal.finra.org

05/05/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2013035211002 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Cape Securities, Inc., Respondent BD No. 7072 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Cape Securities, Inc. ("Cape" or "Respondent") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described below.

Reference 2013035211002data-portal.finra.orgfinra.org