{"id":1726,"date":"2017-10-13T19:18:38","date_gmt":"2017-10-13T23:18:38","guid":{"rendered":"https:\/\/www.elderfinancialfraudattorneys.com\/?p=1726"},"modified":"2018-10-04T15:56:35","modified_gmt":"2018-10-04T19:56:35","slug":"sec-finra-investigating-demitrios-hallas","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/","title":{"rendered":"Demitrios Hallas Investigated by SEC and FINRA for Anti-Fraud Violations"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignleft\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-5.jpg\" alt=\"pic-5.jpg\" \/><\/p>\n<h2 style=\"text-align: justify;\">The New York broker has been charged with numerous violations, including misappropriation<\/h2>\n<p style=\"text-align: justify;\">Though he\u2019s currently not registered with a firm, Demitrios Hallas may never be allowed to work as a broker again. According to the SEC, from March 2014 to May 2016, Hallas violated a variety of anti-fraud provisions by recommending <a href=\"https:\/\/www.silverlaw.com\/unsuitable-investment-advice.html\"  rel=\"noopener\" target=\"_blank\"><span style=\"text-decoration: underline;\">unsuitable investments<\/span><\/a>, not performing his due diligence on these products, and misappropriating thousands of dollars.<\/p>\n<p style=\"text-align: justify;\">The SEC complaint alleges that Hallas bought and sold daily leveraged Exchange-Traded Funds and Notes for several customers, even though they weren\u2019t suitable investments. In addition, Hallas did not fully understand how these products worked or the risks involved. While accumulating $128,000 in fees and commissions for himself and his firm, his customers lost around $150,000 in total.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/\"  title=\"Continue Reading Demitrios Hallas Investigated by SEC and FINRA for Anti-Fraud Violations\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The New York broker has been charged with numerous violations, including misappropriation Though he\u2019s currently not registered with a firm, Demitrios Hallas may never be allowed to work as a broker again. According to the SEC, from March 2014 to May 2016, Hallas violated a variety of anti-fraud provisions by recommending unsuitable investments, not performing [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1727,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1102],"tags":[1151,9,516],"class_list":["post-1726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-demitrios-hallas","tag-finra","tag-sec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Demitrios Hallas : Elder Financial Fraud Alert<\/title>\n<meta name=\"description\" content=\"Demitrios Hallas allegedly violated numerous anti-fraud laws. Allegations include unsuitable investments, not performing due diligence, and misappropriation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Demitrios Hallas : Elder Financial Fraud Alert\" \/>\n<meta name=\"twitter:description\" content=\"Demitrios Hallas allegedly violated numerous anti-fraud laws. Allegations include unsuitable investments, not performing due diligence, and misappropriation.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-5.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Demitrios Hallas : Elder Financial Fraud Alert","description":"Demitrios Hallas allegedly violated numerous anti-fraud laws. Allegations include unsuitable investments, not performing due diligence, and misappropriation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/","twitter_card":"summary_large_image","twitter_title":"Demitrios Hallas : Elder Financial Fraud Alert","twitter_description":"Demitrios Hallas allegedly violated numerous anti-fraud laws. Allegations include unsuitable investments, not performing due diligence, and misappropriation.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-5.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Demitrios Hallas Investigated by SEC and FINRA for Anti-Fraud Violations","datePublished":"2017-10-13T23:18:38+00:00","dateModified":"2018-10-04T19:56:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/"},"wordCount":443,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-5.jpg","keywords":["Demitrios Hallas","FINRA","SEC"],"articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/","url":"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/","name":"Demitrios Hallas : Elder Financial Fraud Alert","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/sec-finra-investigating-demitrios-hallas\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/10\/pic-5.jpg","datePublished":"2017-10-13T23:18:38+00:00","dateModified":"2018-10-04T19:56:35+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Demitrios Hallas allegedly violated numerous anti-fraud laws. 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