Silver Law Group is investigating former Florida-based Moors & Cabot, Inc. (CRD# 594) and Raymond James & Associates, Inc. (CRD# 705) broker Scott A. Sibley (CRD# 1523981) after the Financial Industry Regulatory Authority (“FINRA”) opened an investigation in him over potential securities violations.
According to Sibley’s FINRA BrokerCheck report, FINRA opened an investigation into Sibley on January 19, 2017. The investigation involves potential violations of the Securities Exchange Act of 1934 and various FINRA rules.
In addition to the FINRA investigation, Sibley has 21 other disclosures on his BrokerCheck report. Of those 21 disclosures, 10 of those are settled complaints. Nine of complaints were settled in 2015, all of them alleging unauthorized trading, for hundreds of thousands of dollars.