Articles Posted in FINRA

Allegations against the Nashville broker include failure, as executor of client’s estate, to provide a charitable foundation with its due proceeds The Financial Industry Regulatory Authority (FINRA) has barred Wonnie Short permanently from acting as a broker or otherwise associating with firms that sell securities to the public. While registered…

Allegations against the New York broker include placing orders without a customer’s consent According to the Financial Industry Regulatory Authority (FINRA), New York broker Edward R. Segur III is alleged to have opened and traded funds in an outside account opened in his wife’s name, in violation of his firm’s…

Donovan was also discharged from SagePoint Financial in Newark, OH The Financial Industry Regulatory Authority (FINRA) has permanently barred broker Gary Eugene Donovan from acting as a broker or otherwise associating with firms that sell securities to the public. Up until early 2016, Donovan worked as a broker for a…

Silver Law Group is investigating former Clearwater, Florida broker Dennis M. Merritt (CRD# 1748115) after FINRA suspended him for four months and his employing firm terminated him for alleged unsuitable recommendations among other things. In March 2016, FINRA and Merritt entered into an order accepting offer of settlement (the “Order”). …

In addition to his 30-day suspension, the Florida broker was also fined In April of this year, Rafael Moreno accepted the sanctions levied against him by the Financial Industry Regulatory Authority (FINRA) for charges related to conducting outside business activity. As a result, the broker was fined and suspended. First…

Unauthorized trading was one of several charges Apostolos Nicholas Papadea, who has worked in the brokerage industry since 1969, has come under scrutiny in recent years for a variety of alleged infractions, including making trades without permission from his clients. As a result, he has been fined and suspended by…

After failing to respond to a request for information, William Hutchinson was suspended and is now barred from association In January of 2016, the Financial Industry Regulatory Authority (FINRA) reached out to William Hutchinson to get information regarding complaints from some of his past clients. Because he did not respond,…

The Sarasota, Florida broker is alleged to have improperly converted funds The Financial Industry Regulatory Authority (FINRA) has filed a complaint against broker Jeffrey Krupnick, alleging that he converted a family member’s funds for personal use. The Sarasota broker has been working in the financial services industry for 15 years…

This Morgan Stanley broker in Texas has been suspended by the Financial Industry Regulatory Authority According to the Financial Industry Regulatory Authority (FINRA), Texas broker Gregory Taylor engaged in unethical conduct with an elderly customer who was suffering from dementia and he has subsequently been suspended. Taylor’s career in the…

Holt has lost his license and been permanently barred by the regulatory agency Mark D. Holt has lost his license and can no longer act as a broker or representative in the financial services industry. According to the Financial Industry Regulatory Authority (FINRA), Holt is the subject of 11 disclosures,…