Articles Posted in FINRA Arbitration

Several customer disputes led to the sanction against the former Cetera Advisors, LLC broker As of June of 2016, Daniel Vasquez is no longer permitted to act as a broker. He was given a lifetime suspension from the Financial Industry Regulatory Authority (FINRA) for not offering any information regarding several…

A former client is seeking more than $2 million in damages In July of 2016, a customer dispute alerted the Financial Industry Regulatory Authority (FINRA) to broker Michael Siegel. What first resulted in a suspension later became a permanent ban when he didn’t respond to the agency’s request for additional…

Prior to the regulatory action, Ameritas Investment discharged Silva for violating firm policy After seven years in the securities industry, Omaha, Nebraska broker Nathan Silva has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. The Financial Regulatory Authority (FINRA)…

If you engaged in financial dealings with PFS Investments, Inc. broker Perry De Leeuw, you may have the right to try to recover your losses According to the Financial Industry Regulatory Authority (FINRA), Duluth, Georgia-based broker Perry De Leeuw has been permanently barred from acting as a broker or otherwise…

Hoffman, a former broker with SunTrust Investment Services in Waycross, Georgia had his FINRA registration revoked after being suspended In June of 2016, Clay Hoffman was suspended by the Financial Industry Regulatory Authority (FINRA) for failing to provide information to the agency related to a number of allegations. In addition…

The regulatory agency’s sanction is related to money allegedly borrowed from a client In March of 2016, broker Lance Slater was barred by the Financial Industry Regulatory Authority (FINRA). The agency had requested that Slater get in touch to discuss allegations against him, but because he didn’t respond, he is…

Allegations include unsuitable investing for concentrating elderly retiree investments in gold and energy stocks Christopher Ariola has 16 years of experience in the securities industry, most recently with Financial Telesis, Inc. in Aliso Viejo, California. While Ariola is currently not registered as a broker or investment advisor, there remain four…

It was the New Woodstock, NY executive’s second suspension in 10 months In October, Leigh Garber received a three-month suspension from the Financial Industry Regulatory Authority (FINRA). It was the second time in 2016 that she was penalized by the agency. An 18-year veteran of the securities industry, Garber first…

Regulatory action is pending against New York financial advisor for unauthorized trading, misrepresentation and omissions, among other allegations In August 2016, the Financial Industry Regulatory Authority (FINRA) initiated an investigation into allegations against Craig David Dima made by one of his long-standing customers. The complaint alleges that Dima made approximately…

Failure to respond to agency request ends Seigerman’s securities industry career According to the Financial Industry Regulatory Authority (FINRA), New Jersey-based broker David Seigerman failed to respond to the agency’s request for information and a result has been permanently barred from acting as a broker or otherwise associating with firms…