Gilbert Anthony Kuta of Timonium Maryland a stockbroker formerly registered with Capitol Securities Management Inc. has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that Kuta executed trades in customer accounts without authorization while he was associated with Capitol Securities Management. Letter…
James Brian Moran of Florham Park New Jersey a stockbroker currently employed by Capitol Securities Management Inc. is referenced in a customer initiated investment related arbitration claim which settled for $110,000.00 in damages supported by accusations that the customer was placed in unsuitable oil and gas and stock investments in addition to inappropriate mutual fund…
Ian Greenblatt of Melville New York a stockbroker currently registered with Capitol Securities Management Inc. has been fined $10,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he resolved a customer’s complaint away from Capitol Securities Management Inc. Letter of Acceptance Waiver…
Richard Crescenzo of Melville New York a stockbroker formerly employed by Capitol Securities Management Inc. is referenced in a customer initiated investment related arbitration claim in which the customer sought $400,000.00 in damages based upon allegations that (1) Crescenzo made investment recommendations to the customer that were not suitable given the tax consequences incurred by…
Troy Christopher Baldridge of Richmond Virginia a stockbroker formerly employed by Capitol Securities Management Inc. has been barred by Securities and Exchange Commission (SEC) from associating with any investment adviser or broker in any capacity according to an Order Instituting Administrative Proceedings containing findings that Baldridge misappropriated customer funds. In the Matter of Troy C….
Capitol Securities Management Inc. is a brokerage firm headquartered in Glen Allen Virginia has been censured and fined $100,000.00 by Financial Industry Regulatory Authority (FINRA) based in part on the firm’s consent to findings that it failed to reasonably supervise its business practices to prevent trading of unit investment trusts on an unsuitable basis. Letter…
Steven Dale Heath of Newport News, Virginia, a stockbroker registered with Capitol Securities Management, Inc., has been subject of sanctions imposed by Financial Industry Regulatory Authority (FINRA) including the temporary revocation of his securities licensure for failing to pay a fine pertaining to a FINRA disciplinary action containing findings of his improper conduct (June 1,…