Just getting notice that my IRA Custodian (large discount online brokerage firm) put my 2015 IRA contribution in the wrong account. The check was accompanied by a full size 81/2 x 11 IRA Deposit Form with Traditional IRA and the year marked on the deposit slip and the check. Still waiting for them to provide copies of check and deposit form, but they said I had the wrong account number on the check, (having trouble locating the deposit slip) so it was deposited in my minor daughter's account (UGMA) which is a regular stock account and not an IRA account. As a result it is costing me almost $3,000.00 in taxes, interest and penalties to the IRS. Do you think they were negligent in not depositing it to an IRA account and should have contacted me? If so, would it be appropriate to file a claim with the FINRA (Cost of $175.00) or is this regulatory agency just for securities fraud?
