Ernest Julius Romer III of Sterling Heights Michigan a stockbroker formerly employed by CoreCap Investments Inc. is the subject of an enforcement action initiated by Securities and Exchange Commission (SEC) where the regulator is seeking sanctions against Romer based upon accusations that the stockbroker has been convicted of embezzlement. Regulatory Action No. 3-19006 (Feb. 22,…
David Lowell Knutson of Southfield Michigan a stockbroker formerly registered with CoreCap Investments Inc. is the subject of a Financial Industry Regulatory Authority (FINRA) investigation into whether Knutson violated federal securities laws or FINRA rules by engaging in outside business activities that failed to be disclosed by him to his securities broker dealer employer and…
Suresh Basnet of Southfield Michigan a stockbroker formerly employed by Voya Financial Advisors has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Basnet engaged in private securities transactions while associated with CoreCap Investments Inc. Letter of Acceptance Waiver and…
Raymond Max Pett of Southfield Michigan a stockbroker currently registered with CoreCap Investments, Inc. is the subject of a customer initiated investment related arbitration claim which was resolved for $170,000.00 in damages based upon allegations that Pett was liable for a registered representative having stolen the customer’s assets. FINRA Arbitration No. 18-01283 (August 9, 2018)….
Holly Marie Maurer of Southfield Michigan a stockbroker formerly registered with CoreCap Investments Inc. is the subject of a customer initiated investment related arbitration claim in which the customer requested $222,000.00 in damages founded on accusations that Maurer participated in a scheme involving the theft of the customer’s funds. Financial Industry Regulatory Authority (FINRA) Arbitration…