A National Securities Arbitration & Investment Fraud Law Firm
After discovering that four of its financial advisors had committed fraud with automatic bank transfers, Morgan Stanley Smith Barney (MSSB) has agreed to pay $15 million in fines and other sanctions for failing to have reasonable theft detection in place. Continue reading ›
Silver Law Group founder Scott Silver was recently interviewed by Investment News for an article about Henry Duval, formerly known as “Roger Allen Duvall.” Duvall was barred by FINRA in 2020 after it found he was selling away and misappropriating funds while associated with MML and Pruco, two former employers. Continue reading ›
Silver Law Group’s managing partner Scott Silver discussed a recent ruling from a California court that gave two brokers a temporary restraining order (TRO) against FINRA in arbitration over their sales of GWG Holdings’ illiquid L-Bonds.
“This appears to be a Hail Mary pass by two brokers who are taking a ‘never say die’ approach to arbitration,” Scott said in a recent AdvisorHub article. “In this case, FINRA’s position is correct, straightforward, and investor friendly.” Continue reading ›
According to FINRA Disciplinary actions for November, 2024, 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 |
| Helen Andrews | Morgan Stanley |
| Barclays Capital Inc. | |
| Vincent Fuchs | Steward Partners Investment Solutions, LLC |
| Raymond James Financial Services, Inc. | |
| Wentworth Gardner | CUNA Brokerage Services, Inc. |
| AXA Advisors, LLC | |
| Colton Jacob | Steward Partners Investment Solutions, LLC |
| Raymond James Financial Services, Inc. | |
| Gail Milon | ELE Wealth Advisors, Inc. |
| MSI Financial Services, Inc. | |
| Michael Paesano | Morgan Stanley |
| UBS Financial Services Inc. | |
| David Page | Spartan Capital Securities, LLC |
| SW Financial | |
| Any Zwaan | LPL Financial LLC |
| Wealthplan Partners |
According to FINRA Disciplinary actions for November 2024, 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 |
| Juan Gomez | |
| James Easter | Independent Financial Group, LLC |
| NPB Financial Group, LLC | |
| Janelle English | |
| Sara Jankowski | Stifel, Nicolaus & Company, Incorporated |
| City Securities Corporation | |
| David Love | LaSalle St Securities, LLC |
| ICMA-RC Services, LLC | |
| James Marrero | American Portfolios Financial Services, Inc. |
| BCG Securities, Inc. | |
| Luis Castanon | J.P. Morgan Securities LLC |
| Michael Russo | Spartan Capital Securities, LLC |
| Craft Capital Management LLC |
According to FINRA Disciplinary actions for November 2024, 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 |
| Zev Bishop | Raymond James Financial Services, Inc. |
| Juan Gauna | NYLife Securities LLC |
| Gauna Financial services, LLC | |
| Timothy Jefferson | Aegis Capital Corp. |
| Ameriprise Financial Services, LLC | |
| Mariah Nagy | J.P. Morgan Securities LLC |
| Barak Rebibo | J.P. Morgan Securities LLC |
| Courtney Smith | Spire Securities, LLC |
| Hightower Securities, LLC | |
| Daniel Turner | Vanguard Marketing Corporation |
Alan Mason (CRD# 1302190, a/k/a Alan M Mason, Alan Mark Mason, Alan Mason) is a registered broker and previously registered investment advisor currently registered with Bradley Woods & Co. LTD. (CRD# 13660) of New York, NY. His most recent previous employers include Westpark Capital, Inc. (CRD# 39914), Wilmington Capital Securities, LLC (CRD# 133839), and Forefront Capital Markets, LLC (CRD# 151812), all of New York, NY. He has been in the industry since 1984. Continue reading ›
Ariel Rivero (CRD# 4236679, a/k/a Rivero A Ariel A, Ariel A Rivero Mr.) is a previously registered broker and investment advisor last employed with Insigneo Securities, LLC (CRD# 29249) of Coral Gables, FL. His previous employers include Jefferies LLC (CRD# 2347) and Oppenheimer & Co. Inc. (CRD#:249), both of Miami, and Morgan Stanley (CRD# 149777) of Boca Raton, FL. He has been in the industry since 2000. Continue reading ›
Sean Mostero (Sean Francis Mostero CRD# 6447158) is a former registered broker and investment advisor most recently employed with LPL Financial LLC (CRD# 6413) of Torrance, CA. His previous employers were Cetera Advisors LLC (CRD# 10299) and First Allied Securities, Inc. (CRD# 32444), also of Torrence. He has been in the industry since 2017. Continue reading ›
Imdadur Rahman (CRD# 2476187, a/k/a Gino Rahman) is a former registered broker and investment advisor last employed with L.M. Kohn & Company (CRD# 27913) of Troy, MI. His previous employers were Merrill Lynch, Pierce, Fenner & Smith, Incorporated (CRD# 7691) of Bloomfield Hills, MI, UBS Financial Services Inc. (CRD#:8174) of Weehawken, NJ, Dean Witter Reynolds Inc. (CRD# 7556) of Purchase, NY, and Montano Securities Corporation (CRD# 7887) of Orange, CA. He has been in the industry since 1994. Continue reading ›
Securities Arbitration Lawyers Blog