Articles Posted in Stockbroker Misconduct

Mark Joy Lane, a former broker for Cetera Advisor Networks LLC and Walnut Street Securities, Inc., was permanently barred by FINRA from association with any FINRA member in any capacity.  Lane worked at Walnut from February 2004 to September 2013 and at Cetera from September 2013 to August 2014. Silver…

FINRA permanently barred Darrell Raymond after Raymond failing to respond to a request by FINRA for information.  Raymond worked at Oppenheimer & Co, Inc. from March 2013 until February 2014.  Prior to Oppenheimer, he was at Dinosaur Securities and Next Financial Group. Silver Law Group represents investors in securities and…

A former broker with O.N. Equity Sales Company in Norfolk, Virginia, was permanently barred by FINRA.  Josh Abernathy was barred from association in any manner with any FINRA member for failing to provide information requested by FINRA.  Abernathy was registered with The O.N. Equity Sales Company from February 2013 until…

Jenna Connett was permanently barred by FINRA for association with any FINRA member in any capacity for failing to respond to FINRA’s request for information.   Connett worked at Morgan Stanley in Red Bank, NJ from June 2009 until she was suspended by FINRA in July 2014.  Prior to working at…

Judith Woodhouse, a former broker at Securities America, was permanently barred by FINRA for association with any FINRA member in any capacity for failing to respond to FINRA’s request for information.   Woodhouse worked for Securities America from December 2008 through February 2013 and then again from July 2013 through September…

Curtis Milakovich was permanently barred by FINRA for association with any FINRA member in any manner for failing to respond to FINRA’s request for information.  Milakovich worked at Kovack Securities from May 2011 until November 2013, when he resigned after Kovack received an inquiry from one of Milakovich’s clients about…

National Securities Corporation broker Michael O’Neill was suspended by FINRA for 20 days and fined $5,000 for impersonating a former customer to assist the customer in obtaining information from a FINRA member firm about the customer’s own account.  This was apparently done with the customer’s approval.  O’Neill has worked at…

Joel Blum, currently with Ameriprise Financial Services, was suspended by FINRA for 20 days for a dispute occurring when he was a broker at Merrill Lynch.  FINRA found that he executed discretionary transactions in customers’ accounts without written authorization.  In addition, it was found that he marked the order tickets…

According to FINRA Disciplinary actions for May 2015, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules: NAME FORMER EMPLOYERS      Jinesh Pravin Brahmbhatt      Success Trade Securities, Inc.      LPL Financial Corporation      Patrick Ryan…

According to FINRA Disciplinary actions for May 2015, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules: NAME FORMER EMPLOYERS   Charles Eric…