Company Information

Get to know Rochdale

Founded in 1975, Rochdale Securities LLC was a US-based institutional brokerage firm headquartered in Stamford, Connecticut. The company provided institutional clients, such as mutual funds and pension funds, with equity research and trade execution services. Its business model focused on an agency-only basis, meaning it executed trades on behalf of clients without trading its own capital. The firm abruptly collapsed in late 2012 after one of its traders executed a massive, unauthorized trade, purchasing what was reported to be $1 billion worth of Apple Inc. stock. The failed trade resulted in a multi-million dollar loss that wiped out the firm's capital, leading to its bankruptcy and subsequent liquidation managed by the Securities Investor Protection Corporation (SIPC).

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Stock BrokerPRIMARY
Financial Other Service

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Rochdale

United States

Founded in

2006 (20 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.