Houston, Texas financial advisor Kim Tran (CRD# 5575725) was recently sanctioned and suspended in connection with alleged rule violations. Financial Industry...
Read MoreRecent Blog Posts
Ex-Wells Fargo Broker Charles Bridgers Suspended, Fined $10,000
Former Wilson, North Carolina broker/adviser Charles Bridgers (CRD# 1226108) was recently sanctioned by the Financial Industry Regulatory Authority over allegations he improperly used discretion. Previously registered with Wells Fargo Clearing Services, Bridgers was issued a three-month suspension and a fine of $10,000. According to a Letter of Acceptance, Waiver and Consent (No. 2018057553801) dated… Read More »
MML Broker Mark Cramer Suspended: Forgery Allegations
The Financial Industry Regulatory Authority recently sanctioned LaRue, Ohio broker/adviser Mark Cramer (CRD# 1313587) following allegations he forged a customer’s signature. A representative of MML Investors Services, Cramer was issued a two-month suspension and a fine of $5,000. According to a Letter of Acceptance, Waiver and Consent (No. 2018058482401) dated October 2019, Mark Cramer… Read More »
Erlloisse Magan: TD Ameritrade Broker Suspended, Fined $10,000
Ex-New York City broker/adviser Erlloisse Magan (CRD# 3146325) has been sanctioned by the Financial Industry Regulatory Authority over allegations she improperly accepted appointments as power of attorney for a customer and trustee of two of the customers’ charitable foundations. Previously a representative of TD Ameritrade, Magan was issued a four-month suspension and a fine… Read More »
Michael Olinde: Baton Rouge Broker Fined Over Outside Business Activity
Louisiana broker Michael Olinde (CRD# 3063204), who was formerly registered with LPL Financial, was recently suspended by the Financial Industry Regulatory Authority in connection to allegations he participated in an undisclosed outside business activity. Currently registered with Calton & Associates in Baton Rouge, Louisiana, Olinde was issued a two-month suspension and a fine of… Read More »
John Eads: Titusville Broker Suspended Over Customer Info Use
John Eads (CRD# 2764843), an investment professional previously registered with AXA Advisors and Lion Street Financial, has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations he improperly used nonpublic customer information. Formerly registered with both firms’ offices in Titusville, Florida, Eads was issued a three-month suspension and a fine of… Read More »
Atlanta Broker William Davis Suspended: Trading Violations
The Financial Industry Regulatory Authority has sanctioned former Ameriprise Financial Services broker/adviser William Davis (CRD# 811559) following allegations he mis-marked customer trades. Formerly registered with the firm’s office in Atlanta, Georgia, Davis was issued a 15-day suspension and a fine of $5,000. According to a Letter of Acceptance, Waiver and Consent (No. 2018059679301) dated… Read More »
FINRA Suspends Ex-LPL Financial Rep William Schnepp
Former Brookfield, Wisconsin broker/adviser William Schnepp (CRD# 1854941) was recently sanctioned by the Financial Industry Regulatory Authority in connection to allegations he accepted power of attorney over an unrelated client without firm approval or knowledge. Previously a representative of LPL Financial, Schnepp was issued a two-month suspension and a fine of $5,000. According to… Read More »
San Francisco Rep James Lamont Suspended Over Private Transactions
Ex-Whitehall-Parker Securities broker/adviser James Lamont (CRD# 2846228) was recently suspended by the Financial Industry Regulatory Authority in connection to allegations he engaged in unapproved private securities transactions. Formerly based at the firm’s San Francisco location, Lamont was issued an 18-month suspension and a fine of $10,000. According to a Letter of Acceptance, Waiver and… Read More »
Jeff Dyra: Naperville Rep Barred After Misappropriation Probe
Former Bankers Life Securities broker/adviser Jeff Dyra (CRD# 6785909) was recently barred by the Financial Industry Regulatory Authority in connection to allegations he refused to provide information requested during its investigation into whether he misappropriated customer funds. Dyra was most recently registered as a broker in Naperville, Illinois. According to a Letter of Acceptance,… Read More »
FINRA Bars Ex-Raymond James Rep Stuart Nichols: Excessive Trading
Stuart Nichols (CRD# 4932310), formerly a broker and investment adviser based in Birmingham, Alabama, has been sanctioned by the Financial Industry Regulatory Authority and barred in connection to allegations he refused to provide FINRA with on-the-record testimony as part of its investigation into allegations of excessive trading. Nichols was most recently registered as a… Read More »
