| Name | Monex Precious Metals (Newport Beach, CA) |
| Address | 4910 Birch Street Newport Beach, CA 92660 |
| Phone | 1-800-444-8317 1-949-752-1400 |
| Owners | Louis E. Carabini (Agent) Michael Carabini (CEO) Brian Jenkins (CFO) |
| DateStarted | 1967 |
| Sales | $2B+/year (~2004->2013) |
| BBB | A+ (1-year: 2, 3-year: 5). BBB complaints do not indicate a pattern of problems |
| BCA | AAA (3-year: 2). Both complaints were nearly 2 years old |
| UCC | Yes: Several banks have secured all Monex assets. |
| GovtAction | Yes: Had an SEC consent issue in 1974. Had a CFTC cease-and-desist in 1984 (CFTC 84-50; $125,000 fine). Currently under investigation by the CFTC (2014). |
| Lawsuits | Yes |
| NFACFTC | Yes: Numerous CFTC reparation sanctions, that appear to be from the late 1970s to early 1990s. |
| ShipDays | <=28 |
| Leverage | Yes: Seems to be typically 30% down. |
| Storage | Yes: Does not state if storage is allocated, segregated, and/or insured. |
| Pool | No |
| Commission | Yes: "Monex sales representatives are paid more for their customers’ financed trades." |
| NameProblems | OK |
| Rare | No |
| Comments | According to Forbes, 'Monex has a long history of suing and being sued'. IRS won a $378M judgement against PCCE, Inc. In September 2017 the CFTC filed a lawsuit alleging $290M fraud. |