Alex Williams (CRD# 2646185), a broker and investment adviser based in New York, has received a pending customer complaint. According...Read More
Daniel Soliman: FINRA Bars New York City Financial Advisor
A disciplinary action taken by the Financial Industry Regulatory Authority against former New York City broker Daniel Soliman (CRD# 6053300) barred him after finding he failed to provide testimony connected with its investigation into his trading activities. A former representative of JP Morgan Securities, Soliman was barred from acting as a broker or otherwise associating with a broker-dealer firm.
According to a Letter of Acceptance, Waiver and Consent (No. 2018059045002) dated June 2019, FINRA staff sent Daniel Soliman a request on May 16, 2019 to appear before the authority and provide on-the-record testimony on June 13, 2019 in connection with its investigation into his “trading in customers’ accounts to determine whether he was engaged in conduct that violated federal securities laws or regulations or FINRA rules.” Soliman informed FINRA through counsel on June 2, 2019 that he was in receipt of FINRA’s request but would not appear and provide testimony as part of its examination. FINRA found this refusal to constitute a violation of two FINRA Rules. One is FINRA Rule 8210, which provides both that FINRA has the right to require persons subject to its jurisdiction to provide information concerning any matter under its investigation, and additionally that no such persons shall refuse to provide information or testimony per FINRA’s request under the rule. The second is FINRA Rule 2010, which requires associated persons to “observe high standards of commercial honor and just and equitable principles of trade” during the performance of securities business. As a result of the foregoing alleged conduct, Daniel Soliman was barred from association with any FINRA member in any capacity.
Daniel Soliman is currently not registered as a broker or investment advisor. His employment history includes JP Morgan Securities in New York City; Traderfield Securities in New York City; Legend Securities in Staten Island, New York; Blackwall Capital Markets in New York City; Meyers Associates in New York City; EJ Sterling in New York City; and Spartan Capital Securities in New York City. He currently holds zero state licenses and has passed three securities industry qualification examinations.