Securities Arbitration Lawyers BlogFINRA Bars Stockbrokers For Failing To Provide FINRA With Information July 2020
According to FINRA Disciplinary actions for July 2020, 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 |
| Robert Cacioppo | MML Investors Services, LLC |
| NYLIfe Securities LLC | |
| Michael Davis | Allied Millennial Partners, LLC |
| Syren Capital Advisors | |
| David Del Rio | LPL Financial LLC |
| SunTrust Investment Services, Inc. | |
| Mary Beth Frassetto | Thrivent Investment Management Inc. |
| Megan Hoffman | J.P. Morgan Securities LLC |
| Chase Investment Services Corp. | |
| Jody Pullium | Allstate Financial Services, LLC |
| PNC Investments | |
| Ana Rivera | Wells Fargo Clearing Services, LLC |
| Wells Fargo Advisors, LLC | |
| George Schmidt, Jr. | Lincoln Financial Advisors Corporation |
| Hornor, Townsend & Kent, Inc. | |
| Kevin Williams | Lucia Securities, LLC |
| Wells Fargo Clearing Services, LLC |
Ricardo Turlan is a previously registered broker who last worked for UBS Financial Services in San Antonio, Texas. Turlan’s record shows that in 2019 he was discharged from UBS after an investigation allegedly determined that he exercised discretion in client accounts without proper authorization and traded at unsuitable levels.
Dustin Shafer (Dustin Paul Shafer) is a currently-registered broker employed by Newbridge Securities Corporation (CRD# 104065) in Springfield, Illinois. He previously worked for Money Concepts Capital Corp (CRD# 12963), Chase Investment Services Corp (CRD# 25574), Banc One Securities Corporation (CRD# 16999), and Edward Jones (CRD# 250). Shafer has been in the industry since 2000. 
George Schmidt, Jr. is a barred broker who was last registered with Lincoln Financial Advisors Corporation in Melville, NY. In February, 2020 Schmidt was terminated after an allegation of misappropriation. After that, he was barred from associating with any FINRA member.
The Securities and Exchange Commission (SEC) is suing Frederick Stow (Frederick Markley Stow), a barred broker last employed by Raymond James in Nashville, Tennessee, for allegedly defrauding two senior citizens of over $943,500.
Jeffrey Dixson (CRD# 4166311) is a previously registered broker and investment adviser who was last registered with Madison Avenue Securities in Vancouver, Washington. Dixson’s BrokerCheck report includes customer disputes seeking hundreds of thousands of dollars in damages regarding the sale of GPB Capital.
Masood Azad (Masood Husain Azad, CRD# 4798445) is a barred broker last registered with First Allied Securities, Inc. (CRD# 32444) in League City, Texas. He was previously registered with Voya Financial Advisors, Inc. (CRD# 2882). He had been in the industry since 2004.
James Daughtry (James Blake Daughtry, CRD# 3272282) is a currently-barred broker who last worked for Kestra Investment Services, LLC in Dothan, Alabama.