You may need a NASD lawyer if:

1. You’re the victim of NASD broker negligence; your broker’s sales efforts are viewed as unethical and dishonest. Broker sales efforts must be judged on the basis of whether they reasonably represent fair treatment for the persons to whom the sales efforts are directed (you), rather than on the argument that they result in profits to customers.
2. Your broker recommended speculative low-priced securities to customers (you) without knowledge of or attempt to obtain information concerning other securities holdings, your financial situation, and other necessary data. This involves a high probability that the recommendation will not always be suitable and most likely involves high pressure telephone sales campaigns.
3. Your broker exercised excessive trading activity (churning or overtrading) unrelated to your objectives and financial situation.
4. Your broker participated in trading in mutual fund shares particularly on a short-term basis. Mutual fund shares are not proper trading vehicles and such activity on its face may raise questions of violation.
5. NASD broker negligence also includes fraudulent activities such as establishing fictitious accounts to execute transactions that otherwise would be prohibited; transactions of discretionary accounts in excess of or without actual customer authority; unauthorized transactions; misuse of customer’s funds or securities by forgery, non-disclosure, manipulation, and deception