Articles Tagged with Permanently Barred

Paul A. Posillico Permanently Barred from Securities Industry

December 10, 2015 | Silver Law Group

Paul A. Posillico Permanently Barred from Securities Industry on silverlaw.com

Numerous allegations and failure to respond to FINRA requests drive decision

After 10 years in the securities industry, Paul Posillico has been permanently barred from practicing as a financial broker or investment advisor. During his ten years of buying and selling securities on behalf of customers and providing advice about securities to clients, Posillico had more than 9 allegations of broker misconduct made against him.

According to FINRA’s BrokerCheck report on Posillico, the broker was barred from the securities industry for “failure to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.”

Randy Bostick Permanently Barred from Securities Industry

August 26, 2015 | Silver Law Group

This final action follows two previously disclosed customer disputes

Randy Bostick was barred from the securities industry following a suspension for failing to respond to a FINRA request for information.

According to the FINRA website, Bostick, who was most recently employed by Janney Montgomery Scott LLC at the time of his suspension, has two prior disclosures regarding customer disputes in his 14 years of practice in the industry.