Selling Away and Outside Activities

Archive | Selling Away and Outside Activities

Northwestern Mutual Stockbroker Sanctioned By FINRA

October 19, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Northwestern Mutual Stockbroker Sanctioned By FINRA

William A. Fochi Jr. (also known as Bill Fochi Jr.) of Glastonbury Connecticut a stockbroker formerly registered with Northwestern Mutual Investment Services LLC has been fined $10,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he engaged in outside business activities […]

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AXA Advisors Stockbroker Barred In Selling Away Investigation

October 19, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on AXA Advisors Stockbroker Barred In Selling Away Investigation

Edgar A. Kleydman of Brooklyn New York a stockbroker formerly registered with AXA Advisors LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he did not cooperate with FINRA during its investigation into his alleged private securities transactions while registered with AXA Advisors. […]

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FINRA Sanctions Transamerica Stockbroker For Undisclosed Outside Cryptocurrency Activities

October 08, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Sanctions Transamerica Stockbroker For Undisclosed Outside Cryptocurrency Activities

Marceliano Macias of Hollywood Florida a stockbroker formerly registered with Transamerica Financial Advisors Inc. has been fined $7,500.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded upon findings that he engaged in undisclosed outside business activities during the time that he was associated with […]

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Purshe Kaplan Stockbroker Barred In Investigation

October 08, 2021  |   Posted by :   |   Elder Financial Abuse, Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Purshe Kaplan Stockbroker Barred In Investigation

Lee Bryan Taylor of Skippack Pennsylvania a stockbroker formerly registered with Purshe Kaplan Sterling Investments (PKS) has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Taylor failed to cooperate with FINRA’s investigation concerning his possible private securities transactions while associated with Purshe Kaplan Sterling […]

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Huntington Stockbroker Sanctioned By FINRA For Selling Away

October 08, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Huntington Stockbroker Sanctioned By FINRA For Selling Away

William Joseph Kielczewski (also known as Bill Kielczewski) of Toledo Ohio a stockbroker formerly registered with The Huntington Investment Company has been fined $50,000.00 and suspended for 18 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on a FINRA National Adjudicatory Council Decision containing findings that Kielczewski engaged […]

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Transamerica Stockbroker Barred In Promissory Note Investigation

October 08, 2021  |   Posted by :   |   Investment and Regulatory News, Promissory Notes, Selling Away and Outside Activities   |   Comments Off on Transamerica Stockbroker Barred In Promissory Note Investigation

Deborah Lynn Herrmann (also known as Debbie Lynn Gniech) of Wheaton Illinois a stockbroker formerly registered with Transamerica Financial Advisors Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that she did not fully comply with FINRA’s investigation into her potential nondisclosure of a […]

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Allstate Stockbroker Sanctioned For Outside Business Activities

September 16, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Allstate Stockbroker Sanctioned For Outside Business Activities

John Matthew Izzo of Williamsville New York a stockbroker formerly registered with Allstate Financial Services has been fined $5,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that Izzo engaged in outside business activities without permission and had falsified information in compliance […]

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RF Lafferty Stockbroker Sanctioned For Outside Business Activity

September 16, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on RF Lafferty Stockbroker Sanctioned For Outside Business Activity

Athanasios Tomaras (also known as Thanasi Tomaras) of Oldsmar Florida a stockbroker currently registered with RF Lafferty Co. Inc. has been fined $5,000.00 and suspended for 45 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that Tomaras failed to identify outside business activities for RF Lafferty […]

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LPL Stockbroker Barred For Selling Away Promissory Notes

September 16, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Promissory Notes, Selling Away and Outside Activities   |   Comments Off on LPL Stockbroker Barred For Selling Away Promissory Notes

Kerry Lee Hoffman of Mundelein Illinois a stockbroker formerly registered with LPL Financial LLC has been barred by Securities and Exchange Commission (SEC) from being a stockbroker or investment adviser representative and barred from associating with securities firms across the country according to an Order based on allegations of Hoffman violating securities laws relating to […]

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FINRA Sanctions Deutsche Bank Securities Stockbroker

September 03, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Sanctions Deutsche Bank Securities Stockbroker

Garrett Scott Neubart of New York New York a stockbroker formerly registered with Deutsche Bank Securities Inc. has been suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Neubart took part in outside business activities that were not disclosed or otherwise approved by […]

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FINRA Files Complaint Against Mora WM Stockbroker

September 03, 2021  |   Posted by :   |   Customer Loans, Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Files Complaint Against Mora WM Stockbroker

Jorge Antonio Netto of Coral Gables Florida a stockbroker currently registered with Boreal Capital Securities LLC (formerly known as Mora WM Securities Inc.) has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement with engaging in outside business activities that were not authorized and which involved a customer of the securities broker dealer […]

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FINRA Sanctions Andes Capital For Failure To Supervise

September 03, 2021  |   Posted by :   |   Failure To Supervise, Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Sanctions Andes Capital For Failure To Supervise

Andes Capital Group LLC a securities broker dealer headquartered in Chicago Illinois has been censured and fined $15,000.00 by Financial Industry Regulatory Authority (FINRA) supported by findings that Andes Capital Group failed to supervise its stockbroker’s private securities transactions. Letter of Acceptance Waiver and Consent No. 2019064979901 (Aug. 25, 2021). According to the AWC, in […]

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Investors File Arbitration Claim Against American Trust Investment Services

September 03, 2021  |   Posted by :   |   Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News, Selling Away and Outside Activities, Unit Investment Trusts (UITs)   |   Comments Off on Investors File Arbitration Claim Against American Trust Investment Services

David Richard Geake of Northbrook Illinois a stockbroker currently registered with American Trust Investment Services is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages supported by accusations that Geake breached a fiduciary duty and placed the customer into securities that were not suitable for them […]

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Securities America Stockbroker Sanctioned For Selling Away

September 01, 2021  |   Posted by :   |   Elder Financial Abuse, Investment and Regulatory News, Promissory Notes, Selling Away and Outside Activities   |   Comments Off on Securities America Stockbroker Sanctioned For Selling Away

Dale Allen Ramsperger of Scottsdale Arizona a stockbroker formerly registered with Securities America Inc. has been suspended for five months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Ramsperger took part in private securities transactions that were not authorized by Securities America Inc. Letter of Acceptance […]

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FINRA Sanctions Signator Stockbroker For Outside Customer Securities Account

August 26, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Sanctions Signator Stockbroker For Outside Customer Securities Account

Nancy Ann Munro Gaumer (also known as Nancy Ann Munrogaumer) of Media Pennsylvania a stockbroker registered with Signator Investors Inc. and BestVest Investments Ltd. has been fined $7,500.00 and suspended for 45 days from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Gaumer failed to report that […]

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World Choice Stockbroker Barred By FINRA In Scam Promissory Note Investigation

August 26, 2021  |   Posted by :   |   Investment and Regulatory News, Promissory Notes, Selling Away and Outside Activities   |   Comments Off on World Choice Stockbroker Barred By FINRA In Scam Promissory Note Investigation

Thomas Ward Stratton of Melbourne Florida a stockbroker formerly registered with World Choice Securities Inc. has been barred from associating with any FINRA member in any capacity supported by findings that Stratton failed to comply with the regulator during the period that he was under an investigation relating to his sale of promissory notes and […]

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Investors File Arbitration Claim Against Bolton Global For Fraud

August 26, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Investors File Arbitration Claim Against Bolton Global For Fraud

Paul Wescoe Smith of Wayne Pennsylvania a stockbroker formerly registered with Bolton Global Capital is the subject of a customer initiated investment related FINRA securities arbitration claim which was settled for $85,000.00 in damages founded on accusations of the customer’s assets being misappropriated in regard to a fraudulent enterprise known as Haverford Group. Financial Industry […]

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Investors Accuse US Bancorp Of Unauthorized Trading

August 26, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities, Unauthorized Trading   |   Comments Off on Investors Accuse US Bancorp Of Unauthorized Trading

John Mark Ross of Missoula Montana a stockbroker formerly registered with US Bancorp Investments Inc. is the subject of a customer initiated investment related written complaint which was resolved for $127,210.30 in damages on January 9, 2019 founded on allegations of unauthorized trading by Ross while he was associated with Wells Fargo Advisors. According to […]

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Allstate Stockbroker Sanctioned For Outside Business Activities

August 15, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Allstate Stockbroker Sanctioned For Outside Business Activities

David James Williams of Rochester New York a stockbroker formerly registered with Allstate Financial Services has been fined $7,500.00 and suspended for 3.5 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Williams engaged in outside business activities while he was associated with Allstate Financial Services. […]

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Investors File Arbitration Claim Against Dinosaur Financial For Fraud

August 15, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Private Placement Fraud, Selling Away and Outside Activities   |   Comments Off on Investors File Arbitration Claim Against Dinosaur Financial For Fraud

Gerald Lee Brodsky of New York New York a stockbroker formerly registered with Dinosaur Financial Group LLC is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $800,000.00 in damages based on accusations that the customer was placed into Concord Group Holdings through a private placement offering and that […]

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FINRA Bars AGES Stockbroker In Investigation

August 15, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Bars AGES Stockbroker In Investigation

Frank Vincent Sapareto of Derry New Hampshire a stockbroker formerly registered with Advisory Group Equity Services Ltd. has been barred by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in any capacity according to a FINRA Office of Hearing Officers Default Decision containing findings that Sapareto engaged in an undisclosed outside business […]

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Investors Accuse Woodbury Financial Of Misrepresentation

August 15, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities, Variable Annuites   |   Comments Off on Investors Accuse Woodbury Financial Of Misrepresentation

Adam S. Feierstein of Redondo Beach California a stockbroker formerly registered with Woodbury Financial Services Inc. is the subject of a customer initiated investment related complaint in which the customer requested more than $5,000.00 in damages supported by accusations of misrepresentations as it pertained to a variable annuity purchased by them when Feierstein was associated […]

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Money Concepts Capital Corp Stockbroker Sanctioned By Regulator

August 15, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Non-traded REITs, Securities Fraud, Selling Away and Outside Activities   |   Comments Off on Money Concepts Capital Corp Stockbroker Sanctioned By Regulator

Craig Alan Sutherland of Columbus Ohio a stockbroker formerly registered with Money Concepts Capital Corp was fined by Ohio Department of Insurance supported by findings that Sutherland failed to report that another regulator took disciplinary action against him. Case No. 30849 (Nov. 10, 2020). Sutherland has been sanctioned twice before. On July 17, 2017, he […]

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Investors File Arbitration Claim Against CFD Investments For Fraud

August 15, 2021  |   Posted by :   |   Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News, Non-traded REITs, Selling Away and Outside Activities   |   Comments Off on Investors File Arbitration Claim Against CFD Investments For Fraud

Dana Bruce Vietor of Dallas Texas a stockbroker formerly registered with CFD Investments Inc. is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $108,667.00 in damages based upon allegations of fraud and a breach of contract between the customer and the securities broker dealer in regard to […]

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FINRA Bars LPL Stockbroker In Investigation

August 06, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Bars LPL Stockbroker In Investigation

Jason C. LaBelle of Pittsfield Massachusetts a stockbroker formerly registered with LPL Financial LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he failed to comply with FINRA when he was under investigation for violating the terms of a 2020 disciplinary action against […]

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IVC Group Stockbroker Barred In FINRA Investigation

August 06, 2021  |   Posted by :   |   Investment and Regulatory News, Promissory Notes, Selling Away and Outside Activities, Unregistered Securities   |   Comments Off on IVC Group Stockbroker Barred In FINRA Investigation

Robert Cameron Smith (also known as Rob Smith) of New York New York the Chief Executive Officer, Chief Compliance Officer and Board Member of IVC Group Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that he failed to comply with a FINRA investigation […]

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Fortune Financial Services Stockbroker Charged With Fraud

August 06, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Promissory Notes, Securities Fraud, Selling Away and Outside Activities   |   Comments Off on Fortune Financial Services Stockbroker Charged With Fraud

Jonathan Douglas Freeze (also known as Jon Freeze) a former stockbroker of Fortune Financial Services Inc. and representative of Alternative Energy Holdings Inc. has been charged by Securities and Exchange Commission (SEC) with defrauding twenty-five customers through fraudulent promissory notes transactions. Securities and Exchange Commission v. Jonathan D. Freeze et al. Case No. 2:21-cv-720 (June […]

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TOR Stockbroker Barred By FINRA In Selling Away Investigation

August 06, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on TOR Stockbroker Barred By FINRA In Selling Away Investigation

James Francis O’Reilly of Port Jefferson New York a stockbroker formerly registered with TOR Brokerage LLC and Eastgate Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he refused to testify about accusations of his possible outside business activities and private securities […]

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Investors File Arbitration Claim Against PFS Investments

August 06, 2021  |   Posted by :   |   Breach of Fiduciary Duty, FINRA Securities Arbitration, Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Investors File Arbitration Claim Against PFS Investments

Perry De Leeuw (also known as Perry Lynn De Leeun and as Perry Lynn Deleeuw) of Duluth Georgia a stockbroker formerly registered with PFS Investments Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $152,715.00 in damages based on accusations of the customer incurring damages after providing […]

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Investor Files Arbitration Claim Against Wells Fargo For Broker Trading Away

July 31, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Selling Away and Outside Activities, Unsuitable Investment Recommendations   |   Comments Off on Investor Files Arbitration Claim Against Wells Fargo For Broker Trading Away

Adam Petersen Summers of Crown Point Indiana a stockbroker formerly registered with Wells Fargo Clearing Services LLC has been referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested compensatory damages founded on allegations that Summers made unsuitable recommendations for the customer’s account at ETrade. Financial Industry Regulatory Authority (FINRA) […]

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