Articles Posted in FINRA Arbitration

Florida stockbroker suspended from securities activity for 6 months due to misconduct Walter P. Priebe, from Pompano Beach, FL, is accused of engaging in outside business activities without telling his registered firm, Investacorp. Priebe worked for Investacorp between March 1989 and July 2014, when his position in that company was…

Ineffective supervision leads to FINRA suspension of financial services provider Roman T. Luckey, formerly registered with Newport Coast Securities Inc., was fined $15,000 and also suspended for 14 months by the Financial Industry Regulatory Authority (FINRA) in August 2015 for failure to appropriately supervise his staff, who were taking advantage…

New York broker Alain Florestan faces allegations of misconduct and unsuitable trading. After 16 years in the securities industry, New York financial broker Alain Florestan is no longer registered to act as a financial advisor or representative in the securities industry. During his career, Florestan experienced 10 disclosure events reported…

Buckner can no longer act as a broker or associate with any member of FINRA in any capacity Joe L. Buckner has been barred by FINRA as of December 2015. As a result of his refusal to respond to the FINRA’s request for information, the Texas broker can no longer…

FINRA made a request to meet but Andrew Abern was a no show. The Financial Industry Regulatory Authority (FINRA) took decisive action in 10/15 against former Dalton Strategic Investment Services broker, Andrew Abern, for failing to cooperate with their investigation. Specifically, Abern did not appear at a scheduled FINRA on-the-record…

Allegations include willful violation of the Securities Exchange Act of 1934, among others Marat Zeltser has a long history in the financial services industry, including working as a broker for various firms in New York, New York since 2003. While employed by Caldwell International Securities Corporation, allegations against Zeltser included…

Investment broker recently barred by FINRA after multiple complaints from clients Investment broker Matthew DiGregorio was suspended by the Federal Industry Regulatory Authority in August of 2015. Mr. DiGregorio has had multiple complaints filed against him by prior clients for the following breaches of conduct: Taking excessive risk with client investments…

Long-time investment broker permanently suspended from any FINRA activity and ordered to pay restitution. Hugh Monroe Dyson, Jr. was issued a final suspension in August, 2015 and ordered to pay $740,000 (plus interest) in restitution to clients that he solicited to invest in his business, Keypoint Oil, and misrepresented how…

Allegations include conversion and elder financial fraud among numerous other unethical acts FINRA has taken strong action against investment broker Richard McGuire, a long-time broker who was most recently registered with Newport Coast Securities Inc. and Financial West Group, both located in New York. McGuire has been permanently barred from…

NY Life Securities LLC terminates broker, files U-5 with allegations of commingling client funds FINRA recently brought enforcement action against Jonathan Williams that led to a bar from the securities industry. Williams was accused of failing to provide FINRA staff with documents and information requested by the agency in an…