FINRA Disciplinary Actions

Senior Citizens in Florida Reportedly Scammed into Investing in Fake Fish Farm

August 29, 2018 | Silver Law Group

Several older investors reportedly fell victim to the scam, including a former police officer

From 2013 to 2014, several senior citizens living in South Florida invested over $400,000 in Blue Ocean Farm, a fish farm company. Three purported financial professionals reportedly solicited funds for the farm – Rebecca Gonzalez and Matthew Braun of Boca Raton and Michael Creamer of St. Petersburg. There was just one problem: the Florida Department of Law Enforcement says that the company was completely bogus.

The scheme was allegedly spearheaded by Gonzalez, and now she, Braun, and Creamer are facing several charges, including fraud, selling unregistered securities, and the sale of securities by an unregistered person. The trio reportedly targeted six older investors, all of which handed over thousands of dollars.

FINRA Suspends Registered Individuals in August 2018 for Failing to Comply with FINRA Rules

August 28, 2018 | Silver Law Group

According to FINRA Disciplinary actions for August 2018, 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:

NAME	FORMER EMPLOYERS
Lindsey Brown
Michael Dalton	Charles Schwab & Co., Inc
William Downing	Coastal Equities, Inc.
William Downing	J.W. Cole Financial, Inc.
James Flynn	IFS Securities
James Flynn	VOYA Financial Advisors, Inc
Keven Gayle	NY Life Securities LLC
Lloyd Johnston	Capital Financial Services, Inc
Lloyd Johnston	Legacy Financial Services, Inc
John Kurzhal	UBS Financial Services Inc
Beatriz Lira	State Farm VP Management Corp
Beatriz Lira	Beatriz Lira Insurance Company
Cristhelle Medina	J.P. Morgan Securities LLC
Cristhelle Medina	Wells Fargo Advisors, LLC
Bradley Pace	LPL Financial LLC
Bradley Pace	A.J. Pace & Co, Inc.
Ivan Reyes	Alexander Capital, L.P.
Ivan Reyes	Craft Capital Management LLC
David Rodgers	Allstate Financial Services, LLC
David Rodgers	Rodgers Capital Management
Michael Sekusky
Jimmy Tran	J.P. Morgan Securities LLC
Jimmy Tran	Wells Fargo Advisors, LLC
Anthony Valois	PHX Financial, Inc
Anthony Valois	Meyers Associates, L.P.
James Ward	Northwestern Mutual Investment Services, LLC

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

FINRA Names Registered Individuals Suspended in August 2018 for Violations of FINRA Rules

August 28, 2018 | Silver Law Group

According to FINRA Disciplinary actions for August 2018, 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
Thomas Bennett	Bancwest Investment Services, Inc
	U.S. Bancorp Investments, Inc
Eddy Blizzard	Suntrust Investment Services, Inc.
	M & T Securities, Inc
Vincent Canzoneri	Sigma Financial Corporation
	Ameriprise Financial Services, Inc
Barry Connell	Morgan Stanley
	UBS Financial Services Inc
Charles Cox	Wells Fargo Advisors, LLC
	Chase investment Services Corp
Shane Dawkins	Westpark Capital
	Joseph Stone Capital LLC
Mark Flanagan	Citigroup Global Markets Inc
	Wells Fargo Advisors, LLC
Donald Gambony III	Invest Financial Corporation
	MetLife Securities Inc.
Scott Hartman	Morgan Stanley
	Sanford C. Bernstein & Co, LLC
Evelyn Hernandez	Morgan Stanley
	J.P. Morgan Securities LLC
Alexander Kibrik	Garden State Securities, Inc
	Radnor Research & Trading Company LLC
James Polese	Morgan Stanley
	UBS Financial Services Inc
Leslie Slaughter	Waddell & Reed
	TD Ameritrade, Inc
Kenneth Tyrrell	Cary Street Partners
	UBS Financial Services Inc

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Our lawyers have extensive experience collecting FINRA arbitration awards, prevailing on Motions to Vacate FINRA arbitration awards and using various collection efforts to enforce FINRA awards after they are received.

In August 2018, FINRA Bars Registered Individuals for Failing to Comply with FINRA Rules

August 28, 2018 | Silver Law Group

According to FINRA Disciplinary actions for August 2018, 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
Gregory Connell
Ashley Evans
Valbona Keja-Dasilva	Suntrust Investment Services, Inc
Valbona Keja-Dasilva	CCO Investment Services Corp
Keesang Kim	MML Investors Services, LLC
Keesang Kim	Pruco Securities, LLC
Cynthia Moore	Huntington Investment Company
Joshua Stephens-Anselm	J.P. Morgan Securities
Joshua Stephens-Anselm	J. P. Morgan Chase Bank
John Stoddard	Fidelity Brokerage Services LLC
John Stoddard	Investools
David Wells
Yuhong Zhou	Transamerica Financial Advisors, Inc
Yuhong Zhou	World Financial Group, Inc

FINRA makes this information available, in part, to inform investors about potential red flags or problems with certain stockbrokers. If you invested with anyone in this report and have questions about your legal rights, our attorneys will talk with you at no cost to explain your legal rights and about how we can help recover your investment losses through securities arbitration or litigation.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

FINRA Suspends Registered Individuals in July 2018 for Failure to Comply with FINRA Rules

August 21, 2018 | Silver Law Group

According to FINRA Disciplinary actions for July 2018, 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
Anthony Carpenter	UBS Financial Services Inc
Anthony Carpenter	A.G. Edwards & Sons, Inc
James Benjamin Fellus	Spencer-Winston Securities Corp
James Benjamin Fellus	White, Weld & Co. Securities, LLC
Robert Lee Maupin	Fidelity Brokerage Services LLC
Robert Lee Maupin	Cuso Financial Services, L.P.
Gary Lee Wright	Pensionmark Financial Group, LLC
Gary Lee Wright	Pinnacle Wealth Planning Services, Inc

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Our lawyers have extensive experience collecting FINRA arbitration awards, prevailing on Motions to Vacate FINRA arbitration awards and using various collection efforts to enforce FINRA awards after they are received.

In July 2018 FINRA Bars Registered Individuals for Violations of FINRA Rules

August 21, 2018 | Silver Law Group

According to FINRA Disciplinary actions for July 2018, 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
Fernando Enrique Acosta
Paul Anthony Bustamante	Empire Asset Management Company
Paul Anthony Bustamante	Bishop, Rosen & Co, Inc
Janna L. Carruth-Vogler
Xavier Dwight Clinton	J.P. Morgan Securities LLC
Xavier Dwight Clinton	Massachusetts Mutual Life Ins Co
Thomas Matthew Dunlap	AXA Advisors LLC
Saima Ashraf Durrani	J.P. Morgan Securities LLC
Saima Ashraf Durrani	Chase Investment Services Corp
Joshua David Ellis	LPL Financial LLC
Joshua David Ellis	BCG Securities, Inc
James Benjamin Farris	Merrill Lynch, Pierce, Fenner & Smith Inc
James Benjamin Farris	UBS Financial Services Inc
Samuel LaWayne Haddix	Ameriprise Financial Services, Inc
Samuel LaWayne Haddix	IDS Life Insurance Company
Mark Anthony Hernandez	UBS Financial Services Inc
Mark Anthony Hernandez	Morgan Stanley
Christopher Lee Hibbard	Merrill Lynch, Pierce, Fenner & Smith Inc
Abed William Lulu	Worden Capital Management LLC
Abed William Lulu	Rockwell Global Capital LLC
Michael Ray Matos	J.P. Morgan Securities LLC
Michael Patrick Nanto	J.P. Morgan Securities LLC
Michael Patrick Nanto	Mutual of Omaha Investor Services, Inc.
Albert John Papada	Horace Mann Investors, Inc
Zachary T. Rawson	Merrill Lynch, Pierce, Fenner & Smith Inc
Zachary T. Rawson	Bank of America, NA
Anteneh A. Roberts	Merrill Lynch, Pierce, Fenner & Smith Inc
Anteneh A. Roberts	PNC Investments
Jeanette Maria Sanchez

FINRA makes this information available, in part, to inform investors about potential red flags or problems with certain stockbrokers. If you invested with anyone in this report and have questions about your legal rights, our attorneys will talk with you at no cost to explain your legal rights and about how we can help recover your investment losses through securities arbitration or litigation.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

FINRA Suspends Registered Individuals in July 2018 for Violations of FINRA Rules

August 21, 2018 | Silver Law Group

According to FINRA Disciplinary actions for July 2018, 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:

NAME	FORMER EMPLOYERS
Alan Demond Garrett	Fidelity Brokerage Services LLC
Shawn Arthur Goding	Allstate Financial Services, LLC
Shawn Arthur Goding	Shawn Goding Insurance
Ramon Arturo Herrera	Wells Fargo Clearing Services, LLC
Michael Dennis Jackson	Securities America, Inc
Michael Dennis Jackson	Brecek & Young Advisors, Inc
Mandee Khu	J.P. Morgan Securities LLC
Mandee Khu	Chase Investment Services Corp
Spencer Joseph Lassetter	Fidelity Brokerage Services LLC
Andrea Marie Milinkovic	PNC Investments
Andrea Marie Milinkovic	Suntrust Investment Services, Inc
Stephen Allen Murray	Raymond James & Associates, Inc
Stephen Allen Murray	Morgan Keegan & Company, Inc
George James Oldoerp	H. Beck, Inc
George James Oldoerp	Diversified Securities, Inc
Mary E. Olson
Paul Joseph Prestia	Laidlaw & Company
Paul Joseph Prestia	Network 1 Financial Securities, Inc
Amanda Justine Sarabia
David Warren Taylor	Lincoln Financial Securities Corporation

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Securities Arbitration Claims Against National Securities Corp.

August 15, 2018 | Silver Law Group

According to some reports, nearly 1/3 of National Securities brokers have had regulatory issues, legal disputes, or personal financial problems that have been disclosed to investors

National Securities Corporation is one of the oldest financial firms in the U.S., dating back over 70 years. Its the main office is in Seattle, Washington, but the company has licenses to operate in every state in the country, as well as the District of Columbia, Puerto Rico, and the Virgin Islands.

National Securities Corporation is registered with the SEC and three self-regulatory organizations: Nasdaq, Cboe BZX Exchanged, Inc., and the Financial Industry Regulatory Authority (FINRA) – and it is with the latter agency that the company has come under intense scrutiny over the last couple of decades.

Former Broker Ernest Romer Barred By FINRA After Two Investigations

August 13, 2018 | Silver Law Group

Ernest Julius Romer III (CRD #2311741) is a former registered broker and investment broker, last employed with CoreCap Investments, Inc. (CRD #37068) of Sterling Heights, MI. Previous employers include L.M. Kohn & Company (CRD #27913) and Leonard & Company (CRD #36527), both of Sterling Heights, and Comerica Securities (CRD #17079) of Warren, MI. No current employment information is available. He has been in the industry since 1993, and has a total of 36 disclosures in his FINRA record

Romer is currently the subject of two investigations by the state of Michigan into allegations from two clients that he “stole” money from them. The first was filed on 8/28/2017, the second on 9/1/2017. Both are accompanied by correlating FINRA arbitration cases.

The State of Michigan has also barred Romer from working as a broker in the state of Michigan and permanently revoked his license, and levied fines of $1.5 million against him.

FINRA Gives Broker Jeffrey Fanning Suspension, Fines

August 13, 2018 | Silver Law Group

Jeffrey Fanning (CRD #1566859) is a former broker and investment advisor whose last employer was Liberty Partners Financial Services, LLC (CRD #130390) of West Palm Beach, FL. Previous employers include Banc One Securities Corporation (CRD #16999) of Chicago and Andrew Garrett Inc. (CRD #29931) of New York City. No current employment information is available. He has been in the industry since 1986.

FINRA has suspended Fanning for six months as a broker, and one year as a principal following the allegations and findings that he failed to supervise and adequately address possible excessive trading. He has also been fined $20,000 in the case.

Failure-to-Adequately-Supervise-Prompts-FINRA-Suspension-of-Roman-Luckey-300x200 Even when Liberty’s internal processes should have triggered a review, Fanning did not adequately address the trading issues. Fanning was, for a time, a 50% owner in Liberty, as well as Liberty’s CEO, CFO and FINOP. Fanning failed to establish and maintain written supervisory procedures (WSP) for the company to ensure that any excessive trading was reviewed, what the red flags were, and when to notify the customer of the potential for excess trading in their account.