FINRA Permanently Bars Wayne Anthony Schultz from the Securities Industry

Wayne Anthony Schultz has been permanently barred from the securities industry.

Silver Law Group is investigating allegations against Wayne Anthony Schultz in relation to notes that he issued to an elderly customer. FINRA brought enforcement action against Schultz after he continually refused to provide the documentation and information they requested in relation to the customer dispute.

Schultz’s employment history dates back to 1992 and includes working for Cadaret, Grant and Company in Syracuse, New York; Your Money Matters Brokerage Services in Somerset, New Jersey; TFS Securities in Annandale, New Jersey; Sterne Agee Financial Services in Branchburg, New Jersey; and most recently for Adirondack Trading Group, also in Branchburg, New Jersey.

In addition to the allegation regarding his elderly customer, Schultz was accused of making an unsuitable investment in shares of stock while working at Your Money Matters Brokerage in 2006. Damages in the amount of $26, 993.92 were awarded to the victim.

Schultz consented to the sanction and the entry of findings that he failed to provide documents and information as requested by the FINRA during their investigation. As a result, he was permanently barred from the securities industry.

You can find out more about his record and the allegations made against him by viewing his BrokerCheck report, a free service provided by the FINRA.

If you have enlisted the services of Wayne Anthony Schultz or any investment broker and have lost money as a result of this relationship, we may be able to help you recover some or all of your losses.

Silver Law Group represents the interest of investors who are victims of investment fraud. If you have questions about your legal rights or need help, please contact us today for a free consultation.