Equinox Securities, based in Redland, California, was expelled as a Financial Industry Regulatory Authority (FINRA) member firm, and the firm’s chief executive officer, Stephen Michael Oliveira, was permanently barred from associating with any FINRA member firm in a principal capacity, in connection with an Order Accepting Offer of Settlement containing findings that Equinox excessively traded…
In July 2012, or in legal terms, a long time ago, at a place, not so far away, Redlands, California, a stockbroker, Chris B. Palkowitsh, of Equinox Securities, Inc. was charged by FINRA and thereaftyer terminated by his employer for doing bad things to his customers, including churning the daylights out of his customer accounts, in among…