A National Securities Arbitration & Investment Fraud Law Firm

Articles Tagged with Chelsea Financial Services

Charles Lewis Bloom (CRD #4144108) is a former registered broker last employed by Chelsea Financial Services (CRD #47770) of Royal Palm Beach, FL. His previous employers include International Assets Advisory, LLC (CRD #10645) and IAA Financial LLC (CRD #6578) of West Palm Beach, FL, and U.S. Brokerage, Inc. (CRD #39307) of Wellington, FL. No current employment information is available. He has been in the industry since 2000.

FINRA began an investigation into Bloom’s trading practices in October of 2017 after allegations of unsuitable trading in at least three customer accounts. FINRA then requested Bloom to appear to give on-the-record testimony to FINRA regarding the investigation. He declined, and stated in a phone call that he would not give testimony at any time. On 7/17/2018, after signing an Acceptance, Waiver & Consent (AWC) letter, Bloom was indefinitely barred by FINRA effective immediately.

Are-or-Were-Unsuitable-Non-Traded-REITs-in-Your-Portfolio-300x224Shortly after the FINRA action, a customer dispute was filed on 11/8/2017, alleging that Bloom misrepresented and made unsuitable recommendations with regard to a REIT (real estate investment trust.) The case is currently “pending,” and the damages requested are $99,326.84.

Silver Law Group is investigating former New York broker Matthew DiGregorio after FINRA permanently barred him.

According to DiGregorio’s FINRA BrokerCheck report, FINRA permanently barred DiGregorio after he told FINRA staff that he does not intend to honor an award that a FINRA arbitration panel ordered him to pay to his former partners at a FINRA member firm.  Further, the complaint DiGregorio was named a respondent in alleges that DiGregorio made false representations to the FINRA panel regarding claims that his child was involved in an accident in order to extend the hearing sessions.

This is not the first time DiGregorio has been punished by FINRA for similar misconduct.  In August 2015, FINRA suspended DiGregorio for failing to comply with a settlement agreement or arbitration award or to satisfactorily update FINRA on the status of his compliance.

Contact Information