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 transactions when he was associated with TOR Brokerage and Eastgate Securities. Letter of Acceptance Waiver and Consent No. 2019064977701 (Aug. 2, 2021).
According to the AWC, on May 28, 2021, O’Reilly was asked by FINRA to provide information regarding his private placement offerings. The regulator sought to determine from O’Reilly’s response whether he may have engaged in private securities transactions or outside business activities in violation of FINRA rules. O’Reilly did not provide testimony which obstructed FINRA’s investigation. The stockbroker informed FINRA about his refusal to cooperate in the investigation. O’Reilly violated FINRA Rules 2010 and 8210 for this reason.
O’Reilly was registered with Eastgate Securities between June 23, 2018 and May 7, 2021. He was registered with TOR Brokerage from January 24, 2017 and December 20, 2019, and registered with Lakeridge Capital Inc. between February 24, 2020 and April 2, 2021.
