A National Securities Arbitration & Investment Fraud Law Firm
Boca Raton-based National Securities Corporation (NSC) has announced that it is closing its doors after 75 years. The recent announcement came after the firm filed termination papers with FINRA. The company’s representatives and advisors are now part of the company that began buying National Securities, B. Riley Wealth Management. Continue reading ›
According to FINRA Disciplinary actions for Aug 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 |
| Andrew Edenbaum | Allliance Global Partners |
| National Securities Corporation | |
| Keith Esp | Vanderbilt Securities, LLC |
| LPL Financial LLC | |
| Karl Foust Jr. | H.D. Vest Investment Services |
| Gunnallen Financial, Inc. | |
| Robert Haas | Wells Fargo Clearing Services, LLC |
| Wells Fargo Advisors, LLC | |
| Christopher Johnson | Morgan Stanley |
| UBS Financial Services Inc. | |
| Jeffrey Nunez | Chicago Investment Group, LLC |
| Providential Securities, Inc. | |
| Izhar Shefer | APW Capital, Inc. |
| Morgan Stanley | |
| Gretchen Wallace | Oppenheimer & Co. Inc. |
| Morgan Stanley |
According to FINRA Disciplinary actions for Aug 2022, 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 |
| Teresa Gomez | UBS Financial Services Inc. |
| Pruco Securities, LLC | |
| Ann Montgomery | LPL Financial LLC |
| National Planning Corporation | |
| Sean Winkler | Vanguard Marketing Corporation |
According to FINRA Disciplinary actions for Aug 2022, 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 |
| Roger Arnold | PFS Investments Inc |
| Jimmy Cheng | J.P. Morgan Securities LLC |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Eddy Chou | Ameriprise Financial Services, LLC |
| Wells Fargo Clearing Services, LLC | |
| Kara Gagnon | Global Atlanticv Distributors, LLC |
| MetLife Investors Distribution Company | |
| Johana Jimenez | |
| Igor Kislitsa | PFS Investments Inc. |
| Christopher McFadden | Equitable Advisors, LLC |
| LPL Financial LLC | |
| John Molskness | Valic Financial Advisors, Inc. |
| New England Securities | |
| Thomas Pfeiffer | MML Investors Services, LLC |
| Chelsea Financial Services | |
| Emily Pich | Key Investment Services LLC |
| Chase Investment Services Corp. | |
| Cari Spicer | Cavu Securities LLC |
| Triton Pacific Securities, LLC | |
| Derick Strickland | Allstate Financial Services, LLC |
| Khalil Watts | J.P. Morgan Securities LLC |
| Chiu Wu | Ameriprise Financial Services, LLC |
| Wells Fargo Clearing Services, LLC |
According to FINRA Disciplinary actions for June 2022, 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 |
| Robin Auguste | J.P. Morgan Securities LLC |
| Yang Liang | NYLife Securities LLC |
| Daniel Motola | |
| William Nicoloff, Jr. | Boustead Securities, LLC |
| Bentley Securities Corporation | |
| Gregory Williams | Forta Financial Group, Inc. |
| Morgan Stanley Smith Barney |
According to FINRA Disciplinary actions for June 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 |
| Dalila Costa-Leroy | Spartan Capital Securities, LLC |
| National Securities Corporation | |
| Carlos Guzman | U.S. Bancorp Investments, Inc. |
| Fifth Third Securities, Inc. | |
| Michael Leahy | First Standard Financial Company LLC |
| Alexander Capital, L.P. | |
| Henry Moore | LPL Financial LLC |
| Summit Brokerage Services, Inc. | |
| Michael Muratore | Benchmark Investments, LLC |
| LPL Financial LLC | |
| Scott Reynolds | Avatar Securities, LLC |
| Spartan Securities Group, Ltd. | |
| James Shelburne | Wells Fargo Clearing Services, LLC |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Jamie Worden | Worden Capital Management LLC |
| Salomon Whitney LLC |
According to FINRA Disciplinary actions for June 2022, 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 |
| Kyleigh Haynes | Northwestern Mutual Investment Services, LLC |
| Grant Hebeisen | U.S. Bancorp Investments, Inc. |
| Ameriprise Financial Services, Inc. | |
| Carl Ippolito | Pruco Securities, LLC |
| Eagleview Securities, Inc. | |
| Jaime Quintero | American Independent Securities Goup, LLC |
| AFA Financial Group, LLC | |
| J-waun Smiley | Morgan Stanley |
| Charles Schwab & Co., Inc. | |
| John Sommo | UBS Financial Services Inc. |
| Wells Fargo Advisors, LLC | |
| Albert Tejada | Northwestern Mutual Investment Services, LLC |
According to FINRA Disciplinary actions for May 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 |
| Kevin Harms | Chelsea Financial Services |
| Salomon Whitney Financial | |
| David Morris | Stifel, Nicolaus & Company, Incorporated |
| UBS Financial Services Inc. | |
| Aleksandr Osaulenko | First Standard Financial Company LLC |
| Alexander Capital, LP | |
| Yousuf Saljooki | Worden Capital Management LLC |
| Salomon Whitney Financial |
Terms of a recent letter of Acceptance, Waiver, and Consent (AWC) that Aegis Capital Corp. submitted to FINRA require the New York-based broker-dealer to repay customers for alleged rule violations related to churning or excessive trading in customer accounts.
Aegis was also ordered to pay monetary sanctions, and the AWC settled the claims, and Aegis does not admit or deny FINRA’s findings. Continue reading ›
According to FINRA Disciplinary actions for April 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 |
| Mamdoh Abas | Cetera Advisor Networks LLC |
| ProEquities, Inc. | |
| John Agostino | LPL Financial LLC |
| Wells Fargo Advisors LLC | |
| Adam Schachter | PM Wealth Management LLC |
| LPL Financial LLC |
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