FINRA Disciplinary Actions

FINRA Suspends Stockbrokers For Failing To Comply With FINRA Arbitration Award Or Settlement Agreement January 2022

January 24, 2022 | Silver Law Group

According to FINRA Disciplinary actions for January 2022, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Michael Gardner	Cantor Fitzgerald & Co
	J.P. Morgan Securities LLC
Ganesh Iyer	Morgan Stanley
	LPL Financial LLC
Calvin Kleinmann	Wells Fargo Clearing Services, LLC
	Wells Fargo Advisors, LLC
Christopher Pierce	Oppenheimer & Co. Inc.
	Cambridge Investment Research, Inc.
Jared Poe	Morgan Stanley Smith Barney
	Morgan Stanley & Co Incorporated
Yousuf Salijooki	Wordon Capital Management LLC
	Salomon Whitney Financial
Dudley Stephens	Coastal Equities, Inc.
	Prospera Financial Services, Inc.
Bhaskar Vyas	Interfirst Capital Corporation
	Western International Securities, Inc.

Brokers With Bad FINRA Disciplinary Records

January 4, 2022 | Silver Law Group

When a registered FINRA broker dealer employs financial representatives, they have an obligation to supervise their brokers and employees so that they are compliant with both the firm’s rules and with FINRA’s. Continue reading ›

FINRA Suspends Registered Individuals For Violations Of FINRA Rules December 2021

December 27, 2021 | Silver Law Group

According to FINRA Disciplinary actions for December 2021, the following individuals were suspended from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules. However, these individuals remain bound by the securities arbitration agreement to arbitrate any disputes between themselves and their former customers:

NAME	FORMER EMPLOYERS
Jeremy Bahls	NYLife Securities LLC
Joshua Baker	State Farm VP Management Corp.
Kameise Bickham
Anthony Bookman	Seaport Global Securities LLC
Anthony Bookman	Pickwick Capital Partners, LLC
Bernard Chevalier
Michael Dorband	Berthel, Fisher & Company Financial Services, Inc.
Michael Dorband	U.S. Bancorp Investments, Inc.
Ian Ha	Infinity Financial Services
Ian Ha	AXA Advisors, LLC
Gregory Hanshew	Infinity Financial Services
Gregory Hanshew	CIM Securities, LLC
Jordan John	TD Ameritrade, Inc.
Jordan John	Wells Fargo Clearing Services, LLC
Frank Mathis	Fidelity Brokerage Services LLCV
Frank Mathis	TD Ameritrade, Inc.
Ronald Molo	Edward Jones
Christopher Ogbuehi
Robert Paterson	Truist Investment Services, Inc.
Robert Paterson	BB&T Securities, LLC
Noe Ramirez III	Merrill Lynch, Pierce, Fenner && Smith Incorporated
Noe Ramirez III	Chase Investment Services Corp.
Nathaniel Robinson	J.P. Morgan Securities LLC
Bobby Sullins	BB&T Securities, LLC
Bobby Sullins	BB&T Investment Services, Inc.
Herbert Weith IV	Equitable Advisors, LLC
Herbert Weith IV	Wells Fargo Clearing Services, LLC

FINRA Suspends Stockbrokers For Failing To Comply With FINRA Arbitration Award Or Settlement Agreement December, 2021

December 27, 2021 | Silver Law Group

According to FINRA Disciplinary actions for December 2021, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Omer Ali-Taha	BB&T Investment Services, Inc.
	Citigroup Global Markets Inc.
Berkley Badger	Ameriprise Financial Services, Inc.
	Invest Financial Corporation
John Carlson	Capital Financial Services, Inc.
	Voyager Capital Management, LLC


Derek D’Alonzo	Ameriprise Financial Services, LLC
	SunTrust Advisory Services, Inc.
William Friedman	Pinnacle Investments, LLC
	Woodstock Financial Group, Inc.
Harold Harrison	Lincoln Financial Advisors Corporation
	UBS Financial Services Inc.
Steven Knuttila	Capital Financial Services, Inc.
	Questar Capital Corporation
Gaetano Magarelli	Newbridge Securities Corporation
	Ameriprise Financial Services, Inc.
Sean Martin	Raymond James & Associates, Inc.
	Deutsche Bank Securities Inc.

FINRA Bars Stockbrokers For Failing To Provide FINRA With Information November 2021

December 6, 2021 | Silver Law Group

According to FINRA Disciplinary actions for November 2021, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Ryan Burneo	J.P. Morgan Securities LLC
Morgan Engbrecht	Horace Mann Investors, Inc.
Jamila Fields	Wells Fargo Clearing Services, LLC
Jamila Fields	PNC Investments
Micah Judy	W&S Brokerage Services, Inc.
Xinwo Li	Pruco Securities, LLC
Vincent Pepe	J.P. Morgan Securities LLC
Tara Pierce	LPL Financial LLC
Tara Pierce	Investment Centers of America, Inc.
Rachel Rodriguez	J.P. Morgan Securities LLC
Kezia Simeon	J.P. Morgan Securities LLC
Tara Supron	Allstate Financial Services, LLC
Alex Taylor
Isaac Yamoah

FINRA Suspends Stockbrokers For Failing To Comply With FINRA Arbitration Award Or Settlement Agreement November 2021

December 6, 2021 | Silver Law Group

According to FINRA Disciplinary actions for November 2021, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Peter Budd Jr.	Benjamin F. Edwards & Company, Inc.
Peter Budd Jr.	UBS Financial Services Inc.
Michael Leahy	First Standard Financial Company LLC
Michael Leahy	Alexander Capital, L.P.
Steven Mitchell	UBS Financial Services Inc.
Steven Mitchell	Procyon Private Wealth Partners LLC
Alvaro Paiz	Edward Jones
Alvaro Paiz	LPL Financial LLC
Gregory Rachele	H.D. Vest Investment Services

FINRA Suspends Registered Individuals For Violations Of FINRA Rules November 2021

December 6, 2021 | Silver Law Group

According to FINRA Disciplinary actions for November 2021, the following individuals were suspended from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules. However, these individuals remain bound by the securities arbitration agreement to arbitrate any disputes between themselves and their former customers:

NAME	FORMER EMPLOYERS
Jeremy Bahls	NYLife Securities LLC
Ikea Huggins
Jason Kai	Vanguard Marketing Corporation
Jason Kai	Cambridge Investment Research, Inc.
James Kent Jr.	Emerson Equity LLC
James Kent Jr.	Newport Coast Securities, Inc.
Ahmad Khalil	Allstate Financial Services, LLC
Nicholas Kraiko	National Securities Corporation
Nicholas Kraiko	Princor Financial Services Corporation
Narith Long	NYLife Securities LLC
Narith Long	Northwestern Mutual Investment Services, LLC
Reynold Neufeld	Centaurus Financial, Inc.
Reynold Neufeld	LPL Financial Corporation
Juanita O’Neal	TD Ameritrade, Inc.
Scarlett Ramsey	NYLife Securities LLC
Scarlett Ramsey	Merrill Lynch, Pierce, Fenner & Smith Incorporated
Timothy Williams	Edward Jones

FINRA Bars Stockbrokers For Failing To Provide FINRA With Information October 2021

November 8, 2021 | Silver Law Group

According to FINRA Disciplinary actions for October 2021, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Matthew Berman
Thomas Bonik	NTB Financial Corporation
Thomas Bonik	LInsco/Private Ledger Corp.
James Clements	Allstate Financial Services, LLC
James Clements	State Farm VP Management Corp.
Henrique Lucena	Laidlaw & Company
Henrique Lucena	Morgan Stanley
Lionel Scott	Arive Capital Markets
Lionel Scott	Cape Securities Inc.
Ricardo Uliambre	Morgan Stanley Smith Barney LLC
Ricardo Uliambre	UBS Financial Services Inc.
Paul Vizanko	Wells Fargo Clearing Services, LLC
Paul Vizanko	Merrill Lynch, Pierce, Fenner & Smith Incorporated

FINRA Suspends Stockbrokers For Failing To Comply With FINRA Arbitration Award Or Settlement Agreement October

November 8, 2021 | Silver Law Group

According to FINRA Disciplinary actions for October 2021, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Brett Bauer	BrokerBank Securities, Inc.
	CapitalQuest Securities, Inc.
Carmine Berardi	First Standard Financial Advisory, LLC
	Alexander Capital, LP
Jason Fekete	Ameritas Investment Company, LLC
	Lincoln Financial Securities Corporation
Geoffrey Garratt	Spartan Capital Securities, LLC
	First Standard Financial Company
Trevor Gordon	Sandlapper Securities, LLC
	James Harold Goode, Jr.
Thomas Hagan	Morgan Stanley
	Wells Fargo Advisors, LLC
Andre Labarbera	Titus Rockefeller, LLC
	IFS Securities
Michael Leahy	First Standard Financial Company LLC
	Alexander Capital, LP
David Levy	Titus Rockefeller, LLC
	IFS Securities
Leslie Markus Jr.	Lincoln Investment
	Ameriprise Financial Services, Inc.
Scott Reynolds	Avatar Securities, LLC
	Spartan Securities Group, Ltd.
Richard Stoyeck	Titus Rockefeller, LLC
	Newport Coast Securities, Inc.
Gopi Vungarala	Pershe Kaplan Sterling Investments
	Sutterfield Financial Group, Inc.
Robert Wong	Jefferies LLC
	Scott-Macon Securities, Inc.

FINRA Sanctions Aegis Brokers Daniel O’Neil And Douglas Szempruch

October 19, 2021 | Silver Law Group

Daniel O’Neil and Douglas Szempruch, two brokers working for Aegis Capital Corp. (CRD#:15007) in Melville, NY, have faced disciplinary action FINRA after both were separately involved in improper activities.

Daniel O’Neil (Daniel James O’Neil CRD#:1358245) is a former registered broker with Aegis, who discharged him on 7/29/2021 for failing to notify the firm about a “pending enforcement investigation” by FINRA. The investigation focused on “conduct inconsistent with firm standards.” Continue reading ›