Tag Archives: JP Morgan Securities LLC.

FINRA Bars JP Morgan Stockbroker In Investigation

March 18, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Bars JP Morgan Stockbroker In Investigation

Nedjeen Baptiste of Lantana Florida a stockbroker formerly registered with JP Morgan Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that she failed to follow FINRA’s instructions during the period that she was under investigation for possibly violating FINRA rules on outside […]

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FINRA Sanctions JP Morgan Stockbroker For Unauthorized Trading

October 08, 2020  |   Posted by :   |   Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on FINRA Sanctions JP Morgan Stockbroker For Unauthorized Trading

Deborah Leah Beal of Downers Grove Illinois a stockbroker formerly registered with JP Morgan Securities LLC has been fined $5,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that she engaged in unauthorized transactions in the accounts of JP Morgan Securities customers. […]

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JP Morgan Stockbroker Barred In FINRA Investigation

August 27, 2020  |   Posted by :   |   Investment and Regulatory News   |   Comments Off on JP Morgan Stockbroker Barred In FINRA Investigation

Forouzan Pooladi (also known as Forouzan Sharma) of Great Neck New York a stockbroker formerly registered with JP Morgan Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Pooladi refused to cooperate with FINRA personnel when she was investigated for engaging in […]

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FINRA Bars JP Morgan Stockbroker In Forgery Investigation

July 11, 2020  |   Posted by :   |   Forgery   |   Comments Off on FINRA Bars JP Morgan Stockbroker In Forgery Investigation

Timothy A. Crowley of Chicago Illinois a stockbroker formerly registered with JP Morgan Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that he failed to provide FINRA with information that had been requested of him. Case No. 2018059605401 (Apr. 16, 2020). FINRA […]

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FINRA Sanctions JP Morgan For Failure To Supervise

July 11, 2020  |   Posted by :   |   Failure To Supervise, Inverse/Leveraged ETF Funds   |   Comments Off on FINRA Sanctions JP Morgan For Failure To Supervise

JP Morgan Securities LLC a securities broker dealer headquartered in New York City New York has been censured and fined $325,000.00 by Financial Industry Regulatory Authority (FINRA) based upon findings that JP Morgan Securities did not supervise sales of volatility-linked exchange traded products to make sure that stockbrokers and its customers knew about the risks […]

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JP Morgan Stockbroker Barred In Theft Investigation

July 11, 2020  |   Posted by :   |   Misappropriation of Funds, Stockbroker Theft   |   Comments Off on JP Morgan Stockbroker Barred In Theft Investigation

Wesley James Evans of Seattle Washington a stockbroker formerly registered with JP Morgan Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he obstructed a FINRA investigation concerning allegations of his misappropriation of a customer’s funds. Letter of Acceptance Waiver […]

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FINRA Sanctions PFS Stockbroker In Loan Referral Kickback Scheme

July 11, 2020  |   Posted by :   |   Selling Away and Outside Activities   |   Comments Off on FINRA Sanctions PFS Stockbroker In Loan Referral Kickback Scheme

Keith Trevor Rich of Marietta Georgia a stockbroker formerly employed by PFS Investments Inc. and JP Morgan Securities LLC 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 Rich engaged in an undisclosed outside business activity while employed by PFS Investments […]

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FINRA Bars JP Morgan Stockbroker For Conversion

June 22, 2020  |   Posted by :   |   Forgery, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on FINRA Bars JP Morgan Stockbroker For Conversion

David Harry-Nelson Austin of Grand Rapids Michigan a stockbroker formerly registered with JP Morgan Securities has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he converted funds belonging to three customers of JP Morgan. Letter of Acceptance Waiver and Consent No. 2020066576401 […]

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J.P. Morgan Stockbroker Barred In Forgery Investgation

June 08, 2020  |   Posted by :   |   Forgery   |   Comments Off on J.P. Morgan Stockbroker Barred In Forgery Investgation

Adrienne Jaime Mak of Hacienda Heights California a stockbroker formerly registered with J.P. Morgan Securities LLC has been charged in a Complaint by Financial Industry Regulatory Authority (FINRA) Department of Enforcement who alleges that Mak failed to cooperate with FINRA’s information and documentation requests during the time that she was under investigation for allegedly violating […]

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Investors Accuse J.P. Morgan Of Private Placement Fraud

June 08, 2020  |   Posted by :   |   Private Placement Fraud, Securities Arbitration Claims, Securities Fraud   |   Comments Off on Investors Accuse J.P. Morgan Of Private Placement Fraud

Trevor Bradner Rahn of Los Angeles California a stockbroker formerly employed by J.P. Morgan Securities LLC has been identified in a customer initiated investment related written complaint on April 1, 2020 where the customer sought $125,000.00 in damages founded on accusations that a private securities transaction concerning a private placement was facilitated by Rahn outside […]

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JP Morgan Stockbroker Barred For Lying About Customer’s Will

April 23, 2020  |   Posted by :   |   Breach of Fiduciary Duty   |   Comments Off on JP Morgan Stockbroker Barred For Lying About Customer’s Will

Steve Jun Lu of Altadena California a stockbroker formerly registered with JP Morgan Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he lied to the securities broker dealer about his relationships and fiduciary responsibilities with an elderly and disabled […]

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JP Morgan Stockbroker Accused Of Unauthorized Trading

April 08, 2020  |   Posted by :   |   Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on JP Morgan Stockbroker Accused Of Unauthorized Trading

Eric Daniel Silvestre of Santa Monica California a stockbroker formerly associated with JP Morgan Securities LLC has been referenced in a customer initiated investment related complaint which was settled on December 5, 2019 for $47,217.54 in damages supported by allegations that between March 14, 2018 and June 27, 2019, options transactions were facilitated in the […]

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JP Morgan Sued By Investors For Over-Concentration

Rick Douglas Konecny of Chicago Illinois a stockbroker formerly associated with JP Morgan Securities LLC has been referenced in a customer initiated investment related arbitration claim which was resolved for $30,000.00 in damages supported by allegations of an overconcentration of the customer’s assets in high-risk investments which led the customer to experience losses. Financial Industry […]

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J.P. Morgan Sued By Investors For Unauthorized Trading

Barry Steven Synder of Palm Beach Gardens Florida a stockbroker formerly registered with J.P. Morgan Securities LLC is the subject of a customer initiated investment related arbitration claim where the customer sought $500,000.00 in damages supported by accusations that during the period in which Synder was employed by J.P. Morgan Securities (1) unauthorized over-the-counter equities […]

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JP Morgan Discharges Stockbroker For Customer Loan

November 01, 2019  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   0 Comments

Hayato Tamura (also known as Yato Tamura) of Orange California a stockbroker registered with J.P. Morgan Securities LLC has been discharged by the securities broker dealer on March 29, 2019 based upon accusations that (1) Tamura facilitated or otherwise recommended an unapproved loan arrangement between a customer of J.P. Morgan Securities LLC and a third […]

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JP Morgan Continues to Bilk Clients For Fees

November 03, 2018  |   Posted by :   |   Failure To Supervise   |   0 Comments

J.P. Morgan Securities LLC a broker-dealer headquartered in New York New York has been censured and fined by FINRA based upon the firm’s consent to findings that it harmed customers by charging them erroneous fees. Letter of Acceptance Waiver and Consent No. 2017053493101 (Oct. 18, 2018). According to the AWC, in 2012, a vendor was […]

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Customer Accuses JP Morgan Securities Of Unsuitable Investments

David Wayne Woolford of Philadelphia Pennsylvania a stockbroker formerly registered with J.P. Morgan Securities LLC is the subject of a customer initiated investment related written complaint which settled on July 28, 2017 for $9,998.46 in damages based upon allegations that between October 1, 2013 and March 15, 2017, the customer was placed in a common […]

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JP Morgan Sued By Customer For Misrepresentation

Antoine Nabih Souma of Los Angeles California is a stockbroker formerly registered with JP Morgan Securities LLC who is the subject of a customer initiated investment related arbitration claim in which the customer requested $20,000,000.00 in damages based upon allegations of (1) unauthorized transactions (2) suitability and (3) misrepresentation. Financial Industry Regulatory Authority (FINRA) Arbitration […]

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FINRA Bars JP Morgan Stockbroker For Failure To Comply

March 16, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Alexi Nahun Bustamante of Miami Lakes Florida is a registered representative formerly employed with J.P. Morgan Securities LLC who has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that she failed to comply with FINRA’s request for her information. FINRA Case No. 2017052961501 (July 14, […]

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JP Morgan Stockbroker Charged With Obstruction

November 07, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Ricardo Rodriguez-Stern, of New York, New York, a stockbroker formerly registered with JP Morgan Securities LLC, has been charged by Financial Industry Regulatory Authority (FINRA) in a Complaint alleging that he failed to cooperate with FINRA’s investigation into customer disputes that JP Morgan customers filed against him. Department of Enforcement v. Ricardo Rodriguez-Stern, Disciplinary Proceeding […]

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JP Morgan Securities Fires Broker For Authorized Trading

July 29, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Steve Woo, of Torrance, California, a stockbroker formerly registered with JP Morgan Securities LLC, has been terminated from employment on January 27, 2016, based upon allegations that he effected trades in customer accounts on an unauthorized basis. The firm particularly alleged that customers never provided Woo with consent for discretion to be exercised by him […]

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JP Morgan Securities Customer Complains About Poor Advice

June 19, 2017  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

William John McBride Jr., of Los Angeles, California, a stockbroker currently registered with JP Morgan Securities LLC, has been named in a customer initiated investment related written complaint on April 20, 2017, in which the customer requested $7,915.95 in damages based upon allegations that McBride made misrepresentations concerning a variable annuity that the customer purchased. […]

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Investacorp Stockbroker Barred By Regulator

Warren Marc Rockmacher, of Trumbull, Connecticut, a stockbroker formerly registered with Investacorp, Inc., has been permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that he failed to cooperate in a FINRA investigation by declining to provide FINRA with information requested of him. Case No. 2015044980801 […]

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