Vladimir Belyaev of New York New York is a stockbroker formerly registered with Avenir Financial Group who has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to confirm with FINRA whether he complied with his obligations pertaining to FINRA Arbitration 14-01200 (July 27 2016).
Apparently, Belyaev was ordered to pay a customer $7,463.00 in compensatory damages for violation of Illinois Securities Laws, churning, negligence, misrepresentation, fraud, and breach of fiduciary duty. Belyaev reportedly placed excessive and unauthorized transactions in the customer’s individual retirement accounts solely to generate commissions from the customer.
This is not the first time that Belyaev has been sanctioned by FINRA for misconduct. Particularly, he has been barred by FINRA in all capacities founded on allegations that he failed to provide FINRA with a response to the regulator’s request for information about Belyaev’s activities. Letter No. 2015045871401 (Apr. 28, 2016).
FINRA Public Disclosure confirms that Belyaev has been identified in two other customer initiated investment related disputes pertaining to accusations of his wrongful conduct during the time that he was employed with John Carris Investments, LLC and Avenir Financial Group. Particularly, on May 6, 2015, a customer filed an investment related written complaint pertaining to Belyaev’s conduct, where the customer requested $211,000.00 in damages based upon allegations that Belyaev placed over-the-counter equities trades in the customer’s account without the customer’s authorization.
Subsequently, a customer filed an investment related arbitration claim pertaining to Belyaev’s conduct, in which the customer sought $225,000.00 in damages supported by accusations that unauthorized over-the-counter equities trades had been executed in the customer’s account, and the customer was never provided with any account statements or trade confirmations. FINRA Arbitration No. 15-02744 (Jan. 7, 2016).
Since December 3, 2012, Belyaev has been associated with three different broker dealers, all three of which have been expelled by securities regulators for violation of federal securities laws or are otherwise defunct.
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