Tag Archives: Moors Cabot Inc.

Moors Cabot Stockbroker Sanctioned For Unauthorized Trading

February 25, 2020  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

David Francis Dalton of Boston Massachusetts a stockbroker formerly employed by Moors Cabot Inc. has been fined $7,500.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that (1) the stockbroker executed trades in customer accounts on a discretionary basis without getting approval […]

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Moors Cabot Sued By Investors For Stockbroker Negligence

Scott Allen Sibley of Boca Raton Florida a stockbroker formerly registered with Moors Cabot Inc. is referenced in a customer initiated investment related arbitration claim in which the customer requested damages estimated to exceed $5,000.00 founded on allegations that (1) the customer’s account was handled in a negligent manner (2) contractual obligations had been breached […]

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Regulator Sanctions Moors Cabot Stockbroker For Suitability

Phillip Robert Cheney Jr. of Norwell Massachusetts a stockbroker currently registered with Moors Cabot Inc. has been sanctioned by the State of Massachusetts Securities Division based upon findings that Cheney has been subject of customer disputes and has been terminated from at least one securities broker dealer founded on accusations of Cheney’s unsuitable investment transactions […]

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RBC Capital Markets Sued By Investors For Churning

Alan Walton Sharpe of Burlington Massachusetts a stockbroker formerly employed by RBC Capital Markets LLC is the subject of a customer initiated investment related arbitration claim which settled for $225,000.00 in damages supported by allegations that (1) Sharpe made unsuitable oil and gas equities recommendations to the customer and (2) Sharpe churned the customer’s investment […]

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Moors Cabot Broker Sanctioned For Unauthorized Activities

Callum Joseph Fraser Maclean of Boston Massachusetts a stockbroker employed by Moors Cabot Inc. has been ordered by the Massachusetts Securities Division to be placed on heightened supervision as a condition of registering as a broker-dealer agent of the firm according to a Consent Order containing findings that Maclean engaged in unauthorized outside business activities […]

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Moors Cabot Broker Barred By FINRA In Theft Investigation

Robert Todd Clark of Boston Massachusetts a stockbroker formerly employed by Moors Cabot Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to cooperate with a FINRA investigation into allegations of Clark’s unauthorized use of customer funds. Letter of […]

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