According to FINRA Disciplinary actions for June 2019, 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 Andrews, Carolyn…
Securities Arbitration Lawyers Blog
In June 2019 FINRA Suspends Registered Individuals for Failures to Comply with FINRA Rules
According to FINRA Disciplinary actions for June 2019, 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 Andrews, Helen Morgan Stanley Barclays Capital Inc Andreyeva, Tatyana Westpark Capital,…
FINRA Names Individuals Barred in June 2019 for Failing to Comply with FINRA Rules
According to FINRA Disciplinary actions for June 2019, 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 Anderzejewski, Bryan…
GPB - Wall Street’s Highest Commission Product Just Became Retail Investors Biggest Nightmare
GPB Capital raised over 1.5 billion dollars primarily from mom and pop investors over the last four years. How was GPB they able to raise this money? By paying small and regional brokerage firms over nine (9) percent of the money raised back to the selling broker-dealers. Last week, GPB…
SEC Publishes Fact Sheet For Identifying Senior Financial Exploitation
We’ve all heard at least one story about an investor who put money into something that was supposed to be the “next best thing,” maybe even with a “guaranteed return.” Unfortunately, that “next big thing” turned out to be fraudulent. As we at Silver Law Group have reported on our…
Stockbrokers Cannot Inherit Customer Accounts
For years, financial advisers have walked a fine line when receiving financial inheritances from their clients. Unfortunately, the line between an adviser’s professional obligations and their personal interests is very easily blurred—a reality that leads to complicated fraud and ethics violations. In this blog post, we’ll look into the legal…
FBI Investigates Edward Matthes After Allegations Of Stockbroker Theft
Edward Earl Matthes (CRD#: 2788055) is a former registered broker and investment advisor whose last employer was Mutual Of Omaha Investor Services, Inc. (CRD#:611) of Oconomowoc, WI. His previous employers include Thrivent Investment Management Inc. (CRD#:18387), also of Oconomowoc and Minneapolis, and MML Investors Services, INC. (CRD#:10409), of Chesterfield, MO.…
SEC Shuts Down Argyle Coin Ponzi Scheme
Diamonds may still be a “girl’s best friend,” but for 300 or more investors in the US and Canada, they were allegedly used to defraud investors. This week, the SEC obtained a court order to shut down a Ponzi scheme run by South Florida-based owner Jose Angel Aman, and his…
Stockbrokers Are Prohibited From Inheriting Money From Clients
Has a broker or financial advisor asked to be a beneficiary in your will? Financial advisors should not be participating in a client’s estate. Senators Catherine Cortez Masto, (D-Nev.), Mike Rounds, (R.-S.D.), Tina Smith, (D-Minn.) and Chris Van Hollen, (D-Md.) recently sent a formal letter to FINRA requesting that the…
Conagra Brands (CAG) Is Being Sued For Allegedly Misleading Shareholders
Owners of Conagra Brands stock (CAG) are suing the packaged foods giant, alleging they were tricked into approving their nearly $11 billion acquisition of Pinnacle Foods. Conagra Justifies Acquisition Of Pinnacle Foods Conagra, which is a component of the S&P 500, announced that it would acquire Pinnacle Foods in June,…