Corvallis, Oregon financial advisor Eric King (CRD# 4852517) was fired by two former member firms in connection with alleged rule...
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FINRA Sanctions NYC Broker Anthony Pace
Joseph Stone Capital broker Anthony Pace (CRD# 2481049) was recently the subject of a disciplinary action by the Financial Industry Regulatory Authority in connection to allegations he failed to reasonably supervise another representative’s excessive trading. A representative with the firm’s New York City office, Pace was issued a 60-day suspension from acting in any… Read More »
Ramon Esparza: Edinburg Broker Barred Over Bitcoin Transactions
Ramon Esparza (CRD# 5832979), formerly a broker associated with Mutual of Omaha Investor Services in Edinburgh, Texas, was recently sanctioned by the Financial Industry Regulatory Authority in connection to allegations he engaged in unapproved outside business activities. FINRA’s disciplinary action indefinitely barred him from associating with FINRA member firms. According to a Letter of… Read More »
Harrisburg Broker Gerald Coyne Sanctioned, Barred
Former CUSO Financial Services broker Gerald Coyne (CRD# 4589061) was recently sanctioned by the Financial Industry Regulatory Authority in connection to allegations he refused to fully cooperate with a FINRA investigation into whether he recommended unsuitable variable annuity investments to his customers. As a result of the sanction, he was barred from acting as… Read More »
Murry Shapero: FINRA Suspends Miami Broker Over Discretion
Maxim Group broker and investment adviser Murry Shapero (CRD# 1846138) was recently sanctioned by the Financial Industry Regulatory Authority in connection to allegations he engaged in discretionary trading without proper authorization. A representative at the firm’s branch office in Miami, Florida, Shapero was issued a one-month suspension. According to an order (No. 2018056487801) dated… Read More »
Palo Alto Broker Gene Gordon Suspended: Unauthorized Trades
Gene Gordon (CRD# 4744448), a broker and investment adviser associated with Fortune Financial Services, was recently sanctioned by the Financial Industry Regulatory Authority over allegations of unauthorized trading. A representative at the firm’s branch office in Palo Alto, California, Gordon was issued a 90-day suspension and a fine of $5,000. According to a Letter… Read More »
Carmelo Arce: Puerto Rico Broker Suspended, Fined
Nationwide Planning Associates broker/adviser Carmelo Arce (CRD# 5526419), has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations he was made discretionary trades without proper authorization. A representative at the firm’s branch office in Hato Rey, Puerto Rico, Arce was issued a seven-month suspension and a fine of $5,000. According to… Read More »
FINRA Suspends NYLife Broker David Kendrick: $30,000 Fine
Former Shreveport, Louisiana broker and investment adviser David Kendrick (CRD# 4384666) has been sanctioned by the Financial Industry Regulatory Authority over allegations he was involved in an undisclosed outside business activity. Formerly registered with NYLife Securities Securities, Kendrick was issued an 18-month suspension and a fine of $30,000. According to a Letter of Acceptance,… Read More »
Alexander Lycouris: FINRA Suspends Ex-MML Broker
Former Fort Lauderdale broker Alexander Lycouris (CRD# 6422905), was recently the subject of a Financial Industry Regulatory Authority sanction in connection to allegations he was involved in an outside business activity which he did not disclose to his member firm. Formerly registered with MML’s branch office in Fort Lauderdale, Florida, Lycouris was issued a… Read More »
Newport Beach Rep Greg Pellizzon Sanctioned by FINRA
Greg Pellizzon (CRD# 712667), an investment adviser formerly registered as a broker with Hollencrest Capital Management, was recently suspended by the Financial Industry Regulatory Authority in connection to allegations he improperly failed to disclose a customer complaint. Currently registered as an investment adviser with Hollencrest Capital Management’s Newport Beach Office, Pellizzon was issued a… Read More »
Ex-Chicago Broker Michael Collins Suspended, Fined $10,000
Michael Collins (CRD# 2915653), a financial professional formerly registered as a broker with Robert W. Baird & Company, was recently sanctioned by the Financial Industry Regulatory Authority in connection to allegations he engaged in a private securities transaction without making proper disclosures to his member firm. Currently registered as an investment adviser with Kingsbury… Read More »
