Daniel M. Soliman, of New York, New York, a stockbroker registered with Traderfield Securities Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that settled for $24,500.00 in damages based upon allegations that Soliman made misrepresentations relating to the recommendation and sale of equity-over-the-counter equities, common stocks and preferred stocks when Soliman was associated with Traderfield Securities Inc. FINRA Arbitration No. 19-01849 (Feb. 22, 2021).
FINRA Public Disclosure shows that Soliman has been barred from associating with any FINRA member in any capacity based upon allegations that Soliman failed to testify when FINRA investigated the stockbroker for possible violations of FINRA rules. Case No. 2018059045002 (June 26, 2019).
According to the AWC, on June 15, 2018, Traderfield Securities Inc. filed a Uniform Termination Notice for Securities Industry Registration (Form U5) with FINRA, indicating that Soliman voluntarily terminated his association with the firm. Within a year, FINRA began an investigation into Soliman. In connection with the investigation, on May 16, 2019, FINRA sent Soliman a request to appear for testimony concerning whether his alleged trading in customer accounts violated securities laws or FINRA Rules. Through his counsel, Soliman indicated on June 2, 2019, that he had received FINRA’s request to appear for testimony but that he would not do so. Soliman violated FINRA Rules 2010 and 8210 as a result.
This is not the first time that Soliman has been referenced in a customer initiated investment related dispute concerning Soliman’s conduct in the securities industry. FINRA Public Disclosure shows that Soliman is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $500,000.00 in damages based upon allegations that Soliman defrauded the customer, and made misrepresentations in connection with the recommendation and sale of equity-over-the-counter equities, common stocks and preferred stocks when Soliman was associated with Traderfield Securities Inc. FINRA Arbitration No. 19-02560 (Aug. 31, 2019).
Daniel Soliman was associated with J.P. Morgan Securities LLC in New York, NY, as a stockbroker from September 26, 2018 to June 28, 2019.
