Tag Archives: Raymond James

Customer Sues Raymond James For Fraud

February 19, 2018  |   Posted by :   |   Investment and Regulatory News, Securities Arbitration Claims   |   Comments Off on Customer Sues Raymond James For Fraud

Thomas Whitmeyer O’Brien of Shreveport Louisiana is a stockbroker currently registered with Raymond James who is the subject of a customer initiated investment related arbitration claim in which the customer requested five million dollars in damages supported by allegations including (1) overconcentration in the customer’s account (2) unauthorized trading (3) fraudulent concealment (4) fraudulent or […]

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Raymond James Stockbroker Barred for Conversion and Forgery

October 19, 2015  |   Posted by :   |   Failure To Supervise, Investment and Regulatory News, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on Raymond James Stockbroker Barred for Conversion and Forgery

Paul Anthony Steffany, a Stockbroker with Raymond James, was permanently barred from association with any Financial Industry Regulatory Industry (FINRA) after consenting to findings that he converted funds from his firm’s customer, while also forging the signature on checks made payable to the estate of an individual. Letter of Acceptance, Waiver, and Consent, No. 2014041650301 […]

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Raymond James Broker Suspended for Unauthorized Trading

September 11, 2015  |   Posted by :   |   Failure To Supervise, Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Raymond James Broker Suspended for Unauthorized Trading

Tiffany Danielle Peacock-Asakawa, a former general securities representative with both Raymond James Financial Services, Inc. and Merrill Lynch, was suspended for 10 months from associating with any FINRA-regulated firm in any capacity, while also being subject to a $15,000 fine after consenting to FINRA findings that she had executed trades for customers without being licensed, […]

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Raymond James Stockbroker Barred For Obstructing Theft Investigation

August 17, 2015  |   Posted by :   |   Failure To Supervise, Investment and Regulatory News, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on Raymond James Stockbroker Barred For Obstructing Theft Investigation

Stealing or the conversion of customer funds is never a good idea, and in fact it is illegal. However, in response to an investigation by the Financial Industry Regulatory Authority that he did just that, Ft. Meyers based, Raymond James & Associates stockbroker Mark A. Bullivant, with the benefit of counsel, of course, decided that […]

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Raymond James Fined $400,000 for Failure to Supervise

April 13, 2012  |   Posted by :   |   Investment and Regulatory News, Ponzi Schemes   |   Comments Off on Raymond James Fined $400,000 for Failure to Supervise

Raymond James Financial Services Inc. has agreed to pay a $400,000 fine to settle allegations that it failed to supervise a customer who used accounts he had with the firm to operate a multi-million-dollar Ponzi scheme.The firm submitted a Letter of Acceptance Waiver and Consent (AWC) to resolve a disciplinary action brought by the Financial […]

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