Articles Posted in FINRA

Regulatory action is pending against New York financial advisor for unauthorized trading, misrepresentation and omissions, among other allegations In August 2016, the Financial Industry Regulatory Authority (FINRA) initiated an investigation into allegations against Craig David Dima made by one of his long-standing customers. The complaint alleges that Dima made approximately…

Failure to respond to agency request ends Seigerman’s securities industry career According to the Financial Industry Regulatory Authority (FINRA), New Jersey-based broker David Seigerman failed to respond to the agency’s request for information and a result has been permanently barred from acting as a broker or otherwise associating with firms…

Churning and aggressive trading were two allegations leveled against the Vermont broker In July of 2016, the Financial Industry Regulatory Authority (FINRA) sent a letter out to broker Paul Dorion letting him know that he was being suspended due to a number of allegations. Dorion had until October to supply…

The New Jersey broker faces an assortment of serious allegations Michael Siegel is no longer allowed to have anything to do with any member firms of the Financial Industry Regulatory Authority (FINRA). First suspended in July of 2016, Siegel was later permanently barred by FINRA for failing to respond to…

Though she is not currently licensed, she was last employed as a broker with Western International Securities in Washington, DC In August of 2016, Dawn Bennett was contacted by the Financial Industry Regulatory Authority (FINRA) with a request for information regarding an “investigation involving potentially serious violations.” Because Bennett didn’t…

The Newbridge Securities Corporation broker allegedly provided false information to regulators, among other transgressions According to the Financial Industry Regulatory Authority (FINRA), Boca Raton broker James Ignatowich is reported to have failed to comply with a Consent Order entered into January 13, 2016 with the State of New Hampshire. As…

The Boston-based broker has been permanently barred by FINRA According to the Financial Industry Regulatory Authority (FINRA), Boston-based broker Rushton Leigh Ardrey failed to respond to the agency’s request for information and has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to…

The Revere Securities LLC broker’s 26-year securities career is over After 26 years in the securities industry, Noel Fleming has been permanently barred by the Financial Industry Regulatory Authority (FINRA) from acting as a broker or otherwise associating with firms that sell securities to the public. In December 2015, a…

One allegation against the former Innovation Partners LLC broker involved using an elderly client’s funds for his own benefit Joseph Butler is no longer allowed to conduct business through any member of the Financial Industry Regulatory Authority (FINRA). The former broker was notified in October of 2016 that he has…

Allegations against the former Orlando broker include unauthorized trading and misrepresentation, among others. Lance Shaw performed as a broker in the securities industry over the span of 15 years, however, in May 2016, the Financial Industry Regulatory Authority (FINRA) permanently barred him from acting as a broker or otherwise associating…