Tag Archives: PNC Investments LLC

PNC Investments Stockbroker Fined For Mismarking Trades

July 16, 2018  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Daniel B. Irving of Erie Pennsylvania a stockbroker formerly registered with PNC Investments has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he mismarked customer’s investment orders as having been unsolicited. FINRA Enforcement Action No. 2014043146201 (July 12, 2018). […]

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PNC Investments Sued For Annuity Fraud

June 25, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Jeffrey Alan Nedley of Washington Pennsylvania a stockbroker formerly employed by PNC Investments is the subject of a customer initiated investment related arbitration claim where the customer sought $5,000,000.00 in damages based upon allegations that unsuitable investment recommendations had been made to the customer concerning variable and fixed annuities. FINRA Arbitration No. 16-02420 (Sept. 1, […]

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PNC Stockbroker Fired For Hindering Investigation

April 08, 2018  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Philip Anthony Marchetti of Pompton Plains New Jersey is a stockbroker formerly registered with PNC Investments who has been fired on August 5, 2016 supported by allegations that he failed to be forthcoming with supervisory personnel at PNC in an investigation into whether Marchetti executed unauthorized trades in an account owned by a firm customer. […]

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Broker Dealers Censured For Failure To Provide Customers Discounts

Multiple Financial Industry Regulatory Authority (FINRA) member broker dealers, including Robert W. Baird & Co, Inc., BB&T Securities, LLC., U.S. Bancorp Investments, Inc., Fifth Third Securities, Inc., and PNC Investments LLC, were recently censured and ordered to pay restitution to customers after consenting to findings that the firms’ overcharged customers in mutual funds purchases, and […]

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