FINRA Disciplinary Actions

FINRA Names Individuals Suspended in December 2018 for Failing to Comply with FINRA Rules

January 3, 2019 | Silver Law Group

According to FINRA Disciplinary actions for December 2018, 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
Albin, William	Waddell & Reed
	Metlife Securities Inc
Allen, David	Avenir Financial Group
	Gunnallen Financial, Inc
Boupon, Kean	Morgan Stanley
	Merrill Lynch, Pierce, Fenner & Smith Inc
Chang, Jonathan	Morgan Stanley
	Merrill Lynch, Pierce, Fenner & Smith Inc
Clements, Michael	Intercoastal Capital Markets, Inc
	Avenir Financial Group
Fagenson, David	UBS Financial Services Inc
	Merrill Lynch, Pierce, Fenner & Smith Inc
Kelly, James	Morgan Stanley
	Merrill Lynch, Pierce, Fenner & Smith Inc
Martino, Andrew	Morgan Stanley
	Merrill Lynch, Pierce, Fenner & Smith Inc
Miller, Frederick	Investshares
	Ameriprise Financial Services, Inc
Rodriquez, Cesar	Avenir Financial Group
	American Trust Investments Services Inc
Roth, Brian	Aeon Capital Inc
	The Benchmark Company, LLC
Sarria, Jorge	Morgan Stanley
	Merrill Lynch, Pierce, Fenner & Smith Inc
Weinstein, Gregg	Entrustpermal Securities LLC
	Cantor Fitzgerald & Co
Yassin, Mohamed	National Securities Corporation
	Morgan Stanley

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Our lawyers have extensive experience collecting FINRA arbitration awards, prevailing on Motions to Vacate FINRA arbitration awards and using various collection efforts to enforce FINRA awards after they are received.

FINRA Bars Jon Pariser After Allegations Of Customer Referrals To Unregistered Individual

December 20, 2018 | Silver Law Group

Our attorneys currently represent customers of Jon Pariser against Independent Financial Group for losses related to First Nationle Solution. Jon Richard Pariser (CRD #2755015) is a former registered broker whose last employer was Independent Financial Group, LLC (CRD #7717) of Pacific Grove, CA. His previous employers include SWS Financial Services, INC. (CRD #17587) and LPL Financial LLC (CRD #6413), also of Pacific Grove, CA. No current employment information is available. He has been in the industry since 1996.

South-Florida-Broker-Brian-Michael-Berger-Permanently-Barred-by-FINRA-1024x683-300x200 Pariser is barred in all capacities after he failed to provide requested information to FINRA for an investigation. The documentation relates to allegations that he referred some of his customers to an individual who was not a registered FINRA broker. This unregistered individual and may have recommended to or actually sold these customers “potentially unsuitable” securities. Pariser violated FINRA Rules 8210 and 2010 by refusing to provide this requested documentation, which led to him being barred. He signed an Acceptance, Waiver & Consent (AWC) letter consenting to the sanctions, and he is barred effective 10/04/2018.

His next disclosure is an employment separation from SWS Financial Services on 6/20/2014, which is connected by a closed customer dispute filed four days earlier, involving “unauthorized discretion.” The allegations state that “during the course of normal e-mail correspondence review, firm supervisors discovered an e-mail message from the customer containing language indicating that the representative may have engaged in unauthorized discretionary trading.”

November 2018 FINRA Disciplinary Actions Name Individuals Suspended by FINRA for Failing to Comply with FINRA Rules

December 18, 2018 | Silver Law Group

According to FINRA Disciplinary actions for November 2018, 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
Christopher Cervino	Primary Capital, LLC
	COR Clearing LLC
Abdul Chowdhury	AXA Advisors, LLC
	JP Morgan Securities LLC
Michael Durgin	Hilltop Securities Inc.
	First Southwest
Michael Giokas	Fortune Financial Services, Inc
	Comprehensive Asset Management and Servicing
Travis Marks	Wells Fargo Advisors, LLC
	JP Morgan Securities LLC
Richard Minichino	Next Financial Group, Inc
	Wunderlich Securities, Inc
Thomas Park	Merrill Lynch, Pierce, Fenner & Smith Inc
	Wells Fargo Clearing Services, LLC
Brian Roth	The Benchmark Company, LLC
	Intl Assets Advisory, LLC
Whitney Stewart	Morgan Stanley
	Edge Capital Group, LLC
James Taylor	First Empire Securities, Inc
	Morgan Stanley

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Our lawyers have extensive experience collecting FINRA arbitration awards, prevailing on Motions to Vacate FINRA arbitration awards and using various collection efforts to enforce FINRA awards after they are received.

Registered Individuals Barred by FINRA in November 2018 for Failure to Comply with FINRA Rules

December 18, 2018 | Silver Law Group

According to FINRA Disciplinary actions for November 2018, 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
Denise Canez
James Flynn	IFS Securities
James Flynn	Voya Financial Advisors, Inc
Glenn Grosek	Citizens Securities, Inc
Glenn Grosek	Pruco Securities, LLC
Phillip Johnson	D.H. Hill Securities, LLP
Phillip Johnson	Suntrust Investment Services, Inc
Lloyd Johnston	Capital Financial Services, Inc
Lloyd Johnston	BP&J / LLC
Robin Lomont
Bradley Pace	LPL Financial LLC
Bradley Pace	A.J. Pace & Co, Inc
Damian Serret	PFS Investments Inc
James Ward	Northwestern Mutual Investment Services, LLC
Stephen Yaworsky	Raymond James Financial Services, Inc
Stephen Yaworsky	Bancwest Investment Services, Inc.

FINRA makes this information available, in part, to inform investors about potential red flags or problems with certain stockbrokers. If you invested with anyone in this report and have questions about your legal rights, our attorneys will talk with you at no cost to explain your legal rights and about how we can help recover your investment losses through securities arbitration or litigation.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

FINRA Suspends Registered Individuals in November 2018 for Violations of FINRA Rules

December 18, 2018 | Silver Law Group

According to FINRA Disciplinary actions for November 2018, 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
Jose Arizmendi	Silber Bennett Financial, Inc
Jose Arizmendi	TCFG Wealth Management, LLC
Tani Balas	SCF Securities, Inc
Tani Balas	Klopp Agency
Mauricio Borja	Allstate Financial Services, LLCX
Brian Coffey	National Financial Services LLC
Brian Coffey	Fidelity Brokerage Services LLC
Rita Dulya	Kovack Securities Inc.
Rita Dulya	Pro-Integrity Securities, Inc
Makiaha Evans
Brendan Feitelberg	United Planners’ Financial Services of America
Brendan Feitelberg	LPL Financial LLC
Edgar Guzman-Gonzalez	JP Morgan Securities LLC
Mario Jimenez	Merrill Lynch, Pierce, Fenner & Smith Inc
Mario Jimenez	Bank of America, N. A.
Frantz Justafort	JP Morgan Securities LLC
Frantz Justafort	Chase Investment Services Corp.
Linda Lin
Nicholas Maddox	TCFG Wealth Management, LLC
Nicholas Maddox	U.S. Bancorp Investments, Inc.
Gustavo Madrigal-Flores	J.P. Morgan Securities LLC
Virginia Nichols	LPL Financial LLC
Virginia Nichols	Merrill Lynch, Pierce, Fenner & Smith Inc
Jeffrey Offen	Craft Capital Management LLC
Jeffrey Offen	Salomon Whitney Financial
Issac Onu	NY Life Securities LLC
Issac Onu	Wells Fargo Advisors, LLC
Michael Resciniti	Spartan Capital Securities, LLC
Michael Resciniti	First Standard Financial Company LLC
Mark Sachse	Ameriprise Financial Services, Inc.
Mark Sachse	Robert W. Baird & Co Inc.
James Schwede
Zachary Sherry Jr.	NYLIfe Securities LLC
Christopher Simonds	Edward Jones
Kimberly Sredich
Dudley Stephens	Coastal Equilites, Inc
Dudley Stephens	Prospera Financial Services, Inc
Divanna Tejeda	JP Morgan Securities LLC
Divanna Tejeda	Chase Investment Services Corp
Derrick Trussell	PFS Investments Inc.
Derrick Trussell	Primerica Financial Services
Rick Walker	Morgan Stanley
Rick Walker	Citigoup Global Markets Inc
James Walters II	Edward Jones
Mohamed Yassin	National Securities Corporation
Mohamed Yassin	Morgan Stanley

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Marc Kalter Discharged For Multiple Violations

December 11, 2018 | Silver Law Group

Boca-Raton-Financial-Advisor-Robert-Child-Faces-Yet-Another-Customer-Dispute-300x199 Marc Neil Kalter (CRD #1998911) is a former registered broker and investment advisor whose last employer was Dawson James Securities, Inc. (CRD #130645) of New York, NY. Four of his previous employers have been expelled by FINRA:

Meyers Pollock Robbins, Inc. (CRD #13436)
Monitor Investment Group, Inc. (CRD #31007)

FINRA Suspends Francisco Faraco For Forging Signatures

November 2, 2018 | Silver Law Group

Francisco Jose Faraco (CRD #5095972) is a former registered broker and investment advisor whose last employer was Morgan Stanley (CRD #149777) of New York, NY. His previous employers include J.P. Morgan Securities LLC (CRD #79), also of New York, NY, Santander Securities (CRD #41791) and Merrill Lynch, Pierce, Fenner & Smith Incorporated (CRD #7691) both of Miami, FL. No other employment information is available, and he is not currently registered with any FINRA member firm. He has been in the industry since 2006.

FINRA-Permanently-Bars-Broker-Richard-McGuire-for-Taking-Funds-and-Forging-Signatures-300x200 Faraco is the subject of three disclosures. Two are for one specific incident.

In January of 2016, Faraco allegedly began assisting an institutional customer obtain a $15M loan from Morgan Stanley Private Bank. In the course of applying, he attempted to keep the process moving after two roadblocks—an expired passport for one individual, and forging two signatures on two assurance documents for collateral. Faraco felt the documents were duplicates. Those signatures were representatives of affiliated companies. The bank approved the loan, and the forgeries were discovered only after one of the affiliates complained.

In October 2018, Registered Individuals Suspended by FINRA for Failing to Comply with FINRA Rules

October 26, 2018 | Silver Law Group

According to FINRA Disciplinary actions for October 2018, 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
Jason Beem	Morgan Stanley
	UBS Financial Services Inc
Stephen Grivas	Blackbook Capital LLC
	Obsidian Financial Group LLC
Eric Negron	LPL Financial LLC
	Ameriprise Financial Services, Inc
Garry Savage Jr.	Wallstreet Strategies, Inx
	Securities America, Inc
Gary Savage Sr.	Wall Street Strategies, Inc
	Securities America, Inc
Mark Vanaelst	Morgan Stanley
	Robert W. Baird & Co
Aaron Willbanks	Willbanks Securities, Inc
	Birchtree Financial Services, Inc.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Our lawyers have extensive experience collecting FINRA arbitration awards, prevailing on Motions to Vacate FINRA arbitration awards and using various collection efforts to enforce FINRA awards after they are received.

October 2018 Disciplinary Actions Name Individuals Barred from FINRA for Violations of FINRA Rules

October 26, 2018 | Silver Law Group

According to FINRA Disciplinary actions for October 2018, 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
Lindsey Brown
William Downing	Coastal Equities, Inc
William Downing	J. W. Cole Financial, Inc
Keven Gayle	NYLife Securities LLC
Jose Giraldo	Merrill Lynch, Pierce, Fenner & Smith Inc
Jose Giraldo	Bank of America NA
Cristhelle Medina	J.P. Morgan Securities LLC
	Well Fargo Advisors, LLC
Stephen Murray	Raymond James & Associates, Inc
Stephen Murray	Morgan Keegan & Company, Inc
Ivan Reyes	Alexander Capital, L.P.
Ivan Reyes	Craft Capital Management LLC
David Rodgers	Allstate Financial Services, LLC
David Rodgers	Rodgers Capital Management
Michael Sekusky
Jimmy Tran	J.P. Morgan Securities LLC
Jimmy Tran	Wells Fargo Advisors, LLC
Anthony Valois	PHX Financial, Inc
Anthony Valois	Meyers Associates, L.P.

FINRA makes this information available, in part, to inform investors about potential red flags or problems with certain stockbrokers. If you invested with anyone in this report and have questions about your legal rights, our attorneys will talk with you at no cost to explain your legal rights and about how we can help recover your investment losses through securities arbitration or litigation.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

FINRA Suspends Registered Individuals in October 2018 for Violations of FINRA Rules

October 26, 2018 | Silver Law Group

According to FINRA Disciplinary actions for October 2018, 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
Gregory Adamo	Allstate Financial Services, LLC
Gregory Adamo	National Securities Corporation
Ricardo Bustamante	J.P. Morgan Securities LLC
Ricardo Bustamante	Bustamante Family Legacy LLC
Daniel Flores	Woodbury Financial Services, Inc
Daniel Flores	Princor Financial Services Corporation
Jose Giraldo	Merrill Lynch, Pierce, Fenner & Smith Inc
Jose Giraldo	David Lerner Associates, Inc
Joshua Krize	Wells Fargo Clearing Services, LLC
Joshua Krize	Country Capital Management Company
Francine Lanaia	Windsor Street Capital, LP
Francine Lanaia	Meyers Associates LP
Scott Miozzi	NYLife Securities LLC
Daniel Moore
Scott Newbanks	KMS Financial Services, Inc
Scott Newbanks	United Planners’ Financial Services of America
Yousuf Saljooki	Worden Capital Management LLC
Yousuf Saljooki	Salomon Whitney Financial
Jameson Shin	LPL Financial LLC
Jameson Shin	Wells Fargo Advisors LLC
Margaret Sterr	M Holding Securities, INC
Margaret Sterr	Catalyst Solutions Group, Inc
Francisco Valenzuela	Morgan Stanely
Francisco Valenzuela	Merrill Lynch, Pierce, Fenner & Smith Inc
Bryce Vance	Farmers Financial Solutions, LLC
Jackie Wadsworth	IMS Securities Inc
Jackie Wadsworth	Retirement Investment Group
Stephen Williams	LPL Financial LLC
Stephen Williams	Edward Jones
Eric Zimmer	LPL Financial LLC
Eric Zimmer	Edward Jones

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.