John Christoforidis, of Garden City, New York, a stockbroker registered with Spartan Capital Securities LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Christoforidis refused to testify during a FINRA investigation. Letter of Acceptance, Waiver, and Consent No. 2018056490313 (August 7, 2024).
FINRA’s action against Christoforidis stemmed from an examination of Spartan Capital Securities that led to an investigation into potential sales practice violations by Christoforidis. As part of this investigation, on June 26, 2024, FINRA requested that Christoforidis provide testimony.
Despite acknowledging the request through his lawyer on July 25, 2024, Christoforidis informed FINRA that he would not appear for the testimony at any time. By refusing to comply with this request, Christoforidis violated FINRA Rules 2010 and 8210.
Christoforidis was also associated with Spartan Capital Securities LLC in Garden City, New York, from July 8, 2016, to August 7, 2024. He has been associated with eleven (11) different broker-dealers, nine (9) which have been expelled by securities regulators for violation of the federal securities laws or are otherwise defunct. #cockroach
