Michael Frank Vetere of Bayside New York a stockbroker formerly registered with TFS Securities Inc. and Ameritas Investment Corp. is the subject of a customer initiated investment related arbitration claim in which the customer sought $1,000,000.00 in damages based upon accusations that (1) the customer’s mutual fund holdings were churned by the stockbroker (2) life…

Michael Frank Vetere of Matawan New Jersey a stockbroker formerly registered with Ameritas Investment Corp. has been discharged by the firm on March 18, 2016 supported by accusations that Vetere (1) failed to appropriately disclose a customer’s source of funds used for purchasing a variable annuity (2) failed to be forthcoming to the firm in…