Securities Arbitration Lawyers Blog

According to FINRA Disciplinary actions for June 2017, the following individuals were suspended 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   Devin Barkley…

According to FINRA Disciplinary actions for June 2017, 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   Kimberly Aylesworth   Morgan Stanley   Merrill Lynch, Pierce, Fenner & Smith Inc.   Roger…

According to FINRA Disciplinary actions for June 2017, 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   Miguel Angel…

In April, we brought you the story of Kelly Althar, a broker who received a permanent ban from the Financial Industry Regulatory Authority (FINRA). Here is additional information that explains why FINRA made this ruling. While working for the Financial West Group, Althar reportedly began making investments for an elderly…

Awareness will help you avoid becoming a victim of elder financial fraud Investment fraud is something that can affect anyone, but elderly people seem to be targeted the most. According to one study, 1 in 5 people in the U.S. over the age of 65 have been the victim of…

Learn about the safeguards that can help older investors The Financial Industry Regulatory Authority (FINRA) is a nonprofit organization overseen by the government and tasked by the securities industry to protect investors through the creation and enforcement of rules and regulations. Periodically, FINRA makes adjustments and revisions to its guidelines,…

His most recent alleged transgression wasn’t his first Earlier this year, the Financial Industry Regulatory Authority (FINRA) handed down a permanent ban to Matthew Maczko, a former Wells Fargo broker who had been accused of making excessive trades that earned him almost $600,000 in commissions. And because his client was…

Ariola allegedly made unsuitable recommendations in high-risk gold and energy stocks to elderly investors. In December 2016, a disciplinary proceeding by the Financial Industry Regulatory Authority (FINRA) resulted in broker Christopher Ariola being permanently barred from the securities industry. This decision followed a FINRA investigation into Ariola’s termination from Bay…

According to FINRA Disciplinary actions for May 2017, the following individuals were suspended 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   Dimitris Alifragis…

According to FINRA Disciplinary actions, 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   Fred Ronald Brown   UBS Financial Services Inc.   Morgan Stanley & Co. Inc.   Robert Joseph Burke…