Articles Posted in cetera advisor networks

On November, 2016, FINRA announced fines against five (5) Cetera Financial Group brokerage firm subsidiaries in an amount of $2.95 million for supervisory failures related to variable annuity L-shares. FINRA fined the following Cetera Financial Group-related firms: Cetera Advisor Networks LLC (CRD# 13572) of El Segundo, CA, was fined $750,000. Cetera…

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…