Tag Archives: Raymond James Financial Services

FINRA Investigates Raymond James Financial Stockbroker

October 08, 2021  |   Posted by :   |   Investment and Regulatory News, Unit Investment Trusts (UITs)   |   Comments Off on FINRA Investigates Raymond James Financial Stockbroker

Sherry Lynn Baker (also known as Sherry Lynn Obrecht) of Salem Illinois a stockbroker formerly registered with Raymond James Financial Services is the subject of a FINRA investigation in which Baker may face disciplinary action for potentially making unsuitable trades in a customer’s account. Case No. 20180604604 (February 19, 2021). According to FINRA Public Disclosure, […]

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Raymond James Stockbroker Charged By SEC With Fraud

March 31, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Misappropriation of Funds, Securities Fraud, Stockbroker Theft   |   Comments Off on Raymond James Stockbroker Charged By SEC With Fraud

Mark Joseph Boucher of Carlsbad California a former stockbroker of Raymond James Financial Services and former investment adviser representative of SCF Investment Advisors Inc. has been charged by Securities and Exchange Commission (SEC) with engaging in a fraudulent scheme during the period that he controlled Strategic Wealth Advisors Group (SWAG). Securities and Exchange Commission v. […]

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FINRA Bars Raymond James Stockbroker In Investigation

December 01, 2020  |   Posted by :   |   Elder Financial Abuse, Securities Arbitration Claims   |   Comments Off on FINRA Bars Raymond James Stockbroker In Investigation

Vonna Kay Husby of Fairbanks Arkansas a stockbroker formerly employed by Raymond James Financial Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that she failed to cooperate with FINRA during the time that she was under investigation for allegedly taking advantage of an […]

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FINRA Bars Raymond James Stockbroker For Obstruction

September 13, 2019  |   Posted by :   |   Investment and Regulatory News, Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on FINRA Bars Raymond James Stockbroker For Obstruction

Stefan Anton Pastor of Fort Lauderdale Florida a stockbroker formerly registered with Raymond James Financial Services 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 an investigation into allegations of him: (1) effecting trades in a […]

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Investors Complaints Against Raymond James Questionable

October 22, 2018  |   Posted by :   |   Investment and Regulatory News   |   Comments Off on Investors Complaints Against Raymond James Questionable

Mario Joseph Payne of Jacksonville Florida a stockbroker currently employed by Raymond James Financial Services Inc. is the subject of a customer initiated investment related written complaint on May 18, 2018 in which the customer sought $20,000.00 in damages supported by allegations that between November 10, 2017 and February 8, 2018, the customer was placed […]

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Raymond James Broker Terminated In Annuity Investigation

October 04, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   Comments Off on Raymond James Broker Terminated In Annuity Investigation

Becky Sue Lynch (also known as Becky Lynch Benfer) of Hagerstown Maryland a stockbroker formerly registered with Raymond James Financial Services Inc. has been terminated by the firm on May 28, 2015 while under internal review of the suitability of transactions effected in Lynch’s customer’s annuity accounts. FINRA Public Disclosure reveals that this is not […]

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Raymond James Broker Barred In Investigation

July 12, 2018  |   Posted by :   |   Investment and Regulatory News   |   Comments Off on Raymond James Broker Barred In Investigation

Taek Man Chong of Mercer Island Washington a stockbroker formerly employed by Raymond James Financial Services 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 FINRA in an investigation into the reasoning behind Chong’s termination from […]

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Raymond James Discharges Rothchild For Misconduct

May 17, 2018  |   Posted by :   |   Investment and Regulatory News, Securities Arbitration Claims, Unauthorized Trading, Unsuitable Investment Recommendations   |   Comments Off on Raymond James Discharges Rothchild For Misconduct

Ronald Harris Rothchild of Garden City New York a stockbroker formerly employed by Raymond James Financial Services Inc. has been discharged by the firm and its advisory affiliate on April 8, 2016 supported by allegations that Rothchild (1) placed trades in a customer’s investment account that were neither suitable nor authorized by the customer and […]

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Raymond James Sued By Customer For Negligence

March 22, 2018  |   Posted by :   |   Breach of Fiduciary Duty, Investment and Regulatory News   |   Comments Off on Raymond James Sued By Customer For Negligence

Eric Anthony Dupre of San Antonio Texas is a stockbroker currently registered with Raymond James and Associates Inc. who is the subject of a customer initiated investment related arbitration claim which settled for $90,000.00 in damages supported by allegations of (1) breach of fiduciary duty (2) negligence and (3) suitability pertaining to over-the-counter equities transactions […]

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Customer Accuses Raymond James Of Misrepresentation

January 26, 2018  |   Posted by :   |   Investment and Regulatory News   |   Comments Off on Customer Accuses Raymond James Of Misrepresentation

Jeffrey Scott Ingros of Beaver, Pennsylvania, a former Raymond James Financial Services, Inc. stockbroker, is the subject of a customer initiated investment related written complaint on August 30, 2016, where the customer requested at least $5,000.00 in damages based upon accusations that Ingros made misrepresentations to the customer and executed unsuitable structure product transactions. Financial […]

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Raymond James Fires Broker For Mismarking Order Tickets

January 10, 2018  |   Posted by :   |   Investment and Regulatory News   |   Comments Off on Raymond James Fires Broker For Mismarking Order Tickets

John Stephen Macgowan of New York, New York, a stockbroker formerly registered with Raymond James Financial Services, Inc., was fired on October 2, 2017, based upon accusations that he failed to mark order tickets in accordance with Raymond James procedures. This is not the first time that Macgowan has been terminated from employment based upon allegations […]

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FINRA Suspends Raymond James Broker For Selling Away

December 23, 2017  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Suspends Raymond James Broker For Selling Away

Walter Sanfrid Olsson, of Grand Rapids, Michigan, a stockbroker formerly registered with Raymond James Financial Services, Inc., has been fined and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he sold away from his firm. Letter of Acceptance, Waiver and Consent, No. 2016052628601 […]

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Raymond James Stockbroker Censured For Outside Business Activities

May 05, 2017  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   Comments Off on Raymond James Stockbroker Censured For Outside Business Activities

William Cambell Webb, of Panama City, Florida, a stockbroker formerly registered with Raymond James Financial Services, has been fined $15,000.00 and suspended for eighteen months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he engaged in outside business activities and unauthorized loan arrangements with […]

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