Houston, Texas financial advisor Kim Tran (CRD# 5575725) was recently sanctioned and suspended in connection with alleged rule violations. Financial Industry...
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Birmingham Broker Joseph Lawrence Suspended: Unauthorized Trades
Former Wells Fargo Clearing Services broker and investment adviser Joseph Lawrence (CRD# 5605961) has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations of unauthorized trading. Previously a representative at the firm’s branch office in Birmingham, Alabama, Lawrence was issued a 3-month suspension and a fine of $5,000. According to a… Read More »
John Carneglia: NYC Broker Suspended, Fined $15,000
Former BNP Paribas securities broker John Carneglia (CRD# 4404911) has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations he did not disclose his interest in an outside brokerage account. Previously a representative at the firm’s branch office in New York City, Carneglia was issued a two-month suspension and a fine… Read More »
Wells Fargo Broker Glen Webster Sanctioned Over Customer Loan
Former Appleton, Wisconsin broker Glen Webster (CRD# 4839854) has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations he improperly borrowed money from a customer. Previously a representative at Wells Fargo Clearing Services, Webster was suspended for three months. According to a Letter of Acceptance, Waiver and Consent (No. 2019061193201) dated… Read More »
Brett Levinson: Stifel Nicolaus Broker Sanctioned, Suspended
San Diego-based broker Brett Levinson (CRD# 2644880) has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations involving the misuse of customer information. A representative at the firm’s branch office in San Diego, California, Levinson was issued a 30-day suspension and a fine of $5,000. According to a Letter of Acceptance,… Read More »
FINRA Suspends San Antonio Broker Cecil Ross: UIT Trades
Former LPL Financial broker Cecil Ross (CRD# 2391047) has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations involving unsuitable trading of unit investment trust products. Currently a representative at International Assets Advisory in San Antonio, Texas, Ross was issued a four-month suspension and a fine of $5,000. According to a… Read More »
Ezri Shechter; Jersey City Broker Suspended, Fined $12,500
Ezri Shechter (CRD# 2772177), formerly a broker associated with Spencer-Winston Securities, has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations involving inauthentic discretionary authorization forms. Currently registered as an investment adviser with CM Capital Partners in Englewood, New Jersey, Shechter was issued a three-month suspension and a fine of $12,500…. Read More »
FINRA Sanctions Miami Broker Kawa Foad: Outside Business
Former Questar Capital broker Kawa Foad (CRD# 5374361) has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations he was involved in two undisclosed outside business activities. Formerly associated with the firm’s branch office in Miami, Florida, Foad was issued a three-month suspension and a fine of $7,500. According to a… Read More »
Robert Allen: FINRA Suspends Ex-Country Capital Broker
Robert Allen (CRD# 6267678), formerly a broker based in Augusta, Georgia, was recently the subject of a disciplinary action by the Financial Industry Regulatory Authority concerning allegations he improperly participated in an outside business activity. Previous a representative of Country Capital Management Company, Allen was issued a three-month suspension and a fine of $5,000…. Read More »
Atlanta Broker William Darby Suspended, Fined $7,500
William Darby (CRD# 1659917), a broker and investment adviser associated with Stifel Nicolaus & Company, has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations involving unauthorized sales. Formerly a representative of UBS Financial Services in Atlanta, Georgia, Darby was issued a 45-day suspension and a fine of $7,500. According to… Read More »
Harvey Frank: FINRA Suspends San Diego Broker
Stifel Nicolaus & Company broker and investment adviser Harvey Frank (CRD# 2109605) was recently sanctioned by the Financial Industry Regulatory Authority in connection to allegations he improperly disclosed customer information. Formerly a representative of Hilltop Securities in San Diego, California, Frank was issued a 30-day suspension and a fine of $5,000. According to a… Read More »
