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 Suspends Los Angeles Broker Kevin Murphy: $10,000 Fine
Former Electronic Transaction Clearing broker Kevin Murphy (CRD# 1645347) was recently the subject of a disciplinary action levied by the Financial Industry Regulatory Authority over allegations he participated in an undisclosed private securities transaction and in undisclosed outside business activities. Formerly registered with Velox Securities, Murphy was issued a seven-month suspension and a fine… Read More »
Fred Randhahn: Sigma Broker Suspended Over Woodbridge Notes
Former Ogden, Utah-based broker and investment adviser Fred Randhahn (CRD# 1338801) was recently sanctioned by the Financial Industry Regulatory Authority in connection to allegations he improperly engaged in private securities transactions involving the Woodbridge Group of Companies. Formerly registered with Sigma Financial Corporation, Randhahn was issued a nine-month suspension and a fine of $5,000. … Read More »
FINRA Suspends Houston Broker James Kearney
James Kearney (CRD# 265734), a financial professional formerly registered as a broker with Raymond James & Associates, has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations he exercised discretion without proper authorization. Formerly based in the firm’s Houston, Texas branch office, Kearney was issued a 15-day suspension and a fine… Read More »
John Mullaly: FINRA Suspends Ex-William Blair Broker
Former Boston-based broker John Mullaly (CRD# 2679121) has been sanctioned by the Financial Industry Regulatory Authority in connection to allegations he improperly held undisclosed power of attorney over an account at an outside firm. Previously associated with Wells Fargo Securities in New York City and William Blair in Boston, Massachusetts, Mullaly was issued a… Read More »
Lynwood Broker Brian Lockett Suspended: Private Placement
Independent Financial Group broker/adviser Brian Lockett (CRD# 4573162) was recently sanctioned by the Financial Industry Regulatory Authority in connection to allegations he engaged in a private securities transaction. A representative at the firm’s office in Lynwood, Washington, Lockett was issued a 45-day suspension and a fine of $5,000. According to a Letter of Acceptance,… Read More »
Capital City Securities Rep Clint Keener Barred: Suitability
Former Powell, Ohio broker/adviser Clint Keener (CRD# 2250146) was recently barred by the Financial Industry Regulatory Authority (FINRA) in connection to allegations he refused to comply with a request for testimony during a FINRA investigation into whether he recommended unsuitable investments. Keener was most recently registered with Capital City Securities. According to a Letter… Read More »
Red Bank Broker Philip Sparacino Barred, Fined $250,000
Former First Standard Financial Company broker Philip Sparacino (CRD# 3243960) was the subject of a recent FINRA sanction barring him in connection to allegations he engaged in excessive, unauthorized, and unsuitable trading. Sparacino was registered with the firm’s branch office in Red Bank, New Jersey. According to a Letter of Acceptance, Waiver and Consent… Read More »
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 »
