Joey Dale Miller, of Lake Oswego, Oregon, a stockbroker registered with Arete Wealth Management LLC, has been discharged by the securities broker dealer on October 11, 2023, based upon allegations that Miller was not forthcoming during an internal investigation. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Miller was also referenced in a customer…

John H. Klaasen IV, of Hayden Lake, Idaho, a stockbroker registered with Merrill Lynch Pierce Fenner Smith Incorporated, was the subject of a customer initiated investment related complaint filed on September 29, 2023. The customer requested compensatory damages based upon allegations that Klaasen supposedly failed to follow instructions regarding the purchase of certain securities from…

John Sebastion Cangialosi Jr., of New York, NY, a stockbroker registered with SW Financial, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Cangialosi failed to cooperate with an investigation into his potential outside business activities. Letter of Acceptance, Waiver, and Consent No. 2022075928701 (March 6, 2024)….

Julie Anne Darrah (also known as Julie Banuelos), of Orcutt, California, a stockbroker registered with Mutual Securities Inc. and President of Vivid Financial Management Inc., is the subject of an enforcement action initiated by Securities and Exchange Commission (SEC) in which the regulator is seeking sanctions against Darrah based upon allegations that Darrah defrauded her…

Kyle Michael Wool, of New York, New York, a stockbroker registered with Morgan Stanley, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $50,000.00 in damages based upon allegations that Wool engaged in unauthorized trading in stocks during the time that Wool was…

Lacey Elizabeth Buteyn (also known as Lacey Elizabeth DePue), of Plano, Texas, a stockbroker registered with Level Four Financial LLC, was permitted to resign on November 3, 2023, based on allegations that Buteyn violated regulatory standards in connection with the sale of variable annuities. Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally shows that on…

Lawrence Richard Brockman, of Poland, Ohio, a stockbroker registered with Moors Cabot Inc., has been fined $20,000.00 and suspended for 22 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Brockman borrowed money from a customer against Moors Cabot Inc. policies. Letter of Acceptance, Waiver, and Consent No. 2022076528901…

Marion Strickler Adams III (also known as Ma’on Adams), of Mobile, Alabama, a stockbroker registered with Raymond James Associates Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because he failed to cooperate with an investigation into allegations of his potential misappropriation of funds. Letter of Acceptance,…

Michael Joseph Valenta (also known as Mike Valenta), of Westminster, Colorado, a stockbroker registered with Cambridge Investment Research Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Valenta recommended direct investments and oil and gas…

Rakesh Raj Bansal (also known as Rakesh Ransal), of Princeton, New Jersey, a stockbroker registered with NYLIFE Securities LLC, is the subject of a customer initiated investment related complaint filed on October 20, 2023, in which the customer requested compensatory damages based upon allegations that Bansal made the unsuitable investment recommendation of variable annuities when…

Reuben Lamont Brown, of Southlake, Texas, a stockbroker registered with Edward Jones, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Brown failed to testify in a FINRA investigation into allegations of his potential selling away or engaging in private securities transactions during the time that he…

Richard Alan Foss (also known as Dick Foss), of Fort Lauderdale, Florida, a stockbroker registered with UBS Financial Services Inc., is the subject of a customer initiated investment related complaint filed on October 4, 2023, in which the customer requested compensatory damages based upon allegations that Foss supposedly engaged in theft when Foss was associated…

Rodney Otis Kumlien, of Verona, Wisconsin, a stockbroker registered with Woodbury Financial Services Inc., is the subject of a customer initiated investment related complaint filed on September 7, 2023. In this complaint, the customer requested compensatory damages based upon allegations that Kumlien made the unsuitable recommendation of variable annuities during the time that Kumlien was…

Sally Ann Weger (also known as Sarah Ann Weger), of Palm Beach Gardens, Florida, a stockbroker registered with Morgan Stanley, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $350,000.00 in damages based upon alleged unauthorized withdrawals from an individual retirement account during…

Susan Regina Coriale (also known as Susan Coriale-Seweryn), of Princeville, Hawaii, a stockbroker registered with GWN Securities Inc., is the subject of a customer initiated investment related complaint filed on October 17, 2023, in which the customer requested $264,205.00 in damages based upon allegations that Coriale made unsuitable investment recommendations to the customer. According to…

Thomas Bradley Kintz, of Boynton Beach, Florida, a stockbroker registered with Benjamin F. Edwards Company Inc., has been fined $7,500.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Kintz engaged in unauthorized trading during the time that he was associated with Benjamin F. Edwards…

Trey Andrew Toifel, of Mobile, Alabama, a stockbroker registered with Cetera Investment Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Toifel recommended overly concentrated investments in structured bank notes during the time that…

Yong Seok Chang, of Seattle, Washington, a stockbroker registered with Independent Financial Group LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $45,000.00 in damages based upon allegations that Chang made unsuitable recommendations in non-traded real estate investment trusts (REITs) when…

Joshua Lofton Baker (also known as Joshua Baker Ford), of Hoover, Alabama, a stockbroker registered with MML Investors Services LLC, has been permitted to resign on November 7, 2023, based upon allegations that Baker was the subject of customer complaints alleging sales practice violations in connection with the sale of whole life insurance and variable…

Jason Lawrence Mieras, of Lake Como, New Jersey, a stockbroker registered with American Portfolios Financial Services Inc., is the subject of a customer initiated investment related complaint filed on July 21, 2023, in which the customer requested $250,000.00 in damages based upon allegations that Mieras made the unsuitable investment recommendation of certain “stocks” when Mieras…

Todd Mathew Bruns, of Folsom, California, a stockbroker registered with Edward Jones, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $54,403.62 in damages based upon allegations that Bruns failed to follow the customer’s directives of liquidating funds and placing them in…

Joseph C. DeSapio, of New York, New York, a stockbroker registered with Spartan Capital Securities LLC, has been suspended for 15 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because DeSapio engaged in excessive and unsuitable trading in customer accounts and borrowed money from a customer. Letter of Acceptance,…

Jack Robert Thacker Jr. (also known as J.R. Thacker) of Bristol, Virginia, a stockbroker registered with Center Street Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Thacker engaged in the unsuitable recommendation…

Howard Jeffrey Douglas, of Woodbury, New York, a stockbroker registered with Equitable Advisors LLC, was the subject of a customer initiated investment related complaint filed on September 27, 2023, in which the customer requested compensatory damages based upon allegations that Douglas made the unsuitable investment recommendation of in variable annuities when Douglas was associated with…

Harry John Buckman Jr. (also known as Chip Buckman), of Little Silver, New Jersey, the senior vice president at Buckman Buckman & Reid Inc. and Chief Executive Officer (CEO) and Chief Investment Officer (CIO) of Buckman Advisory Group LLC, has been ordered by the United States Securities and Exchange Commission to cease and desist from…