Tag Archives: PHX Financial Services Inc.

Investors File Arbitration Claim Against PHX Financial

February 01, 2021  |   Posted by :   |   Churning, Excessive Trading, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Investors File Arbitration Claim Against PHX Financial

Solomon David Krispeal (also known as David Krispeal) of Hauppauge New York a stockbroker formerly registered with PHX Financial Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $650,000.00 in damages supported by allegations of unsuitable options, stock and over-the-counter equities being sold to the customer by […]

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PHX Sanctioned By FINRA For Failure To Supervise

January 03, 2021  |   Posted by :   |   Boilerroom Sales, Failure To Supervise, Investment and Regulatory News   |   Comments Off on PHX Sanctioned By FINRA For Failure To Supervise

PHX Financial Inc. a securities broker dealer headquartered in New York New York and Robert Delaplain (branch supervisor and Chief Compliance Officer) have been censured and fined by Financial Industry Regulatory Authority (FINRA) supported by findings that PHX and Delaplain neglected to supervise stockbrokers who effected unsuitable transactions in customer accounts. Letter of Acceptance Waiver […]

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PHX Financial Stockbroker Sanctioned For Vicious Churning

March 26, 2020  |   Posted by :   |   Churning, Excessive Trading   |   Comments Off on PHX Financial Stockbroker Sanctioned For Vicious Churning

Halil Kozi (also known as Hal Kozi) of New York New York a stockbroker formerly registered with PHX Financial Inc. has been suspended for two years from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to an Office of Hearing Officers Order Accepting Offer of Settlement containing findings that the […]

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FINRA Charges PHX Stockbroker With Churning

Halil Kozi (also known as Hal Kozi) of New York New York a stockbroker, options trader and supervisor formerly registered with PHX Financial Inc. has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement in a Complaint alleging that (1) Kozi recommended bad trades to a customer of PHX and (2) Kozi churned […]

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PHX Financial Broker Barred For Hindering Investigation

March 22, 2018  |   Posted by :   |   Boilerroom Sales, Investment and Regulatory News   |   0 Comments

Stephen John Woods of Hauppauge New York is a stockbroker formerly registered with PHX Financial Inc. who has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity by consenting to findings that he obstructed a FINRA investigation into allegations of his trading in customer accounts. Letter of Acceptance Waiver […]

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PHX Financial Named In Customer Securities Arbitration

Francesco Anthony Scarso, of New York, New York, a stockbroker formerly registered with PHX Financial Services, Inc., has been subject to a customer initiated investment related arbitration claim from November 23, 2015, which settled for $12,500.00 in damages based upon allegations that Scarso had effected an options transaction in the customer’s investment account which had […]

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