A recent investor complaint against Red Bank, New Jersey financial advisor Jase Simmons (CRD# 2438224) alleges that he violated multiple...
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Douglas Keller Suspended By Financial Regulator Following Termination From AXA Advisors
According to a Financial Industry Regulatory Authority (FINRA) Letter of Acceptance, Waver and Consent dated January 2, 2017, financial advisor Douglas Keller has been suspended by FINRA for three months and fined $5,000 for selling 14 life insurance policies without disclosing the sales to AXA Advisors. According to FINRA, Keller violated FINRA Rules 3270… Read More »
Regulators Suspend Financial Advisor Kevin Jedlicka Following Termination From Chapin Davis
On January 2, 2018, it was announced that the Financial Industry Regulatory Authority (FINRA) suspended financial advisor Kevin Jedlicka (CRD#2339602) for six months. This comes after Jedlicka was terminated from Chapin Davis on or around January 22, 2016, for “unsuitable transactions and excessively trading customer accounts.” Jedlicka was last employed by Capital Portfolio Management,… Read More »
Financial Advisor Adam Vernon Barred By FINRA After Termination From Quester Capital
Financial Advisor Adam Vernon Barred has been barred from the financial industry by the Financial Industry Regulatory Authority (FINRA) following his termination from Quester Capital in February 2017. According to regulatory reports, Vernon was fired from Questar for “fail[ing] to report an outside business activity on a timely basis in violation of firm policies… Read More »
John James: Former Merrill Lynch and Stifel Financial Advisor Barred By Regulators
Minnesota-based financial advisor John M. James has been barred by the Financial Industry Regulatory Authority (FINRA). This news follows a March 2016 resignation from Merrill Lynch, Pierce, Fenner & Smith with allegations that James was “engaging in undisclosed outside business activity/private investments and borrowing money from clients” and a September 2016 termination from Stifel… Read More »
Jon Stagnone, Formerly of Fidelity Brokerage Services, Suspended by FINRA
Jon Stagnone, a former employee of Fidelity Brokerage Services LLC, has been suspended by the Financial Industry Regulatory Authority (FINRA) for two months and fined $5,000. According to a Letter of Acceptance, Waiver and Consent dated December 28, 2017, Stagnone agreed to the suspension and fine imposed by FINRA. According to the release, from… Read More »
Tyrone Pang of MassMutual Barred From Financial Industry
According to a release dated December 28, 2017, Tyrone Pang of MassMutual has been barred by the Financial Industry Regulatory Authority (FINRA). Pang agreed to the bar by signing a Letter of Acceptance, Waiver and Consent with FINRA. Pang previous worked for NYLife Securities. His employment with NYLife was terminated in June of 2015… Read More »
Carlson Files Arbitration Against Marshall Cassedy, Jr. and McNally Financial
On December 7, 2017, Chase Carlson filed a FINRA arbitration against financial advisor Marshall Cassedy, Jr., McNally Financial Services Corporation, David McNally, and Barrett Schultz. The Statement of Claim filed with FINRA alleges that the Claimants, who are retirees, were taken advantage of by Marshall Cassedy, Jr. and McNally Financial Services Corporation due to… Read More »
FINRA Suspends Sharon Kwan For Failure to Notify National Planning Corporation of Outside Business
California financial advisor Sharon Kwan (CRD# 2578627) has been suspended by FINRA under findings of irregularities from April 2009 to April 2013 regarding her maintaining outside business with National Planning Corporation firm customers without notifying National Planning Corporation. FINRA found that Kwan’s conduct violated FINRA Rules 3270 and 2010 and NASD 3030. Furthermore, FINRA… Read More »
Charles M. Anderson: Pennsylvania Financial Advisor Formerly of Morgan Stanley Suspended by FINRA
Financial advisor Charles Anderson, formerly of Morgan Stanley and Pursche Kaplan Sterling Investments in Pennsylvania (not to be confused with an advisor by the same name it Atlanta), was suspended by FINRA for four months and fined $5,000. According to FINRA, from July 2012 to December 2014, Anderson engaged in “unsuitable” short-term trading of… Read More »
