Tag Archives: Further Lane Securities L.P.

Further Lane Securities Sanctioned For Ripping Off Customers

February 14, 2017  |   Posted by :   |   Bond Fraud, Investment and Regulatory News   |   0 Comments

Further Lane Securities, L.P., a brokerage firm headquartered in New York City, New York, was censured and fined $126,673.78 by Financial Industry Regulatory Authority (FINRA) based upon an Office of Hearing Officers’ Default Decision which contained findings that the firm excessively charged customers’ mark-ups in reference to bond transactions, and did not reasonably supervise a […]

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Further Lane Securities Executive Suspended For Failure to Supervise

September 09, 2016  |   Posted by :   |   Bond Fraud, Excessive Markups, Failure To Supervise   |   0 Comments

Joseph Michael Araiz, of New York, New York, the chief executive officer of Further Lane Securities, L.P., was fined $45,000.00 and suspended from associating with a Financial Industry Regulatory Authority in any principal capacity, and had his licensure revoked in connection with an Office of Hearing Officers’ Order Accepting Offer of Settlement containing allegations of […]

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Further Lane Securities Charged With Excessive Markups

Further Lane Securities, L.P., stockbroker James Gabriel Collard, and Chief Executive Officer Joseph Michal Araiz, all of Boerne, Texas, were named in a Complaint containing allegations of excessive markups pertaining to corporate bond transactions and related supervisory failures. Department of Enforcement v. Collard et al., No. 20120342425-01-01- (Mar. 11, 2016). Further. according to the Complaint, […]

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