{"id":2629,"date":"2017-01-05T00:00:00","date_gmt":"2017-01-05T05:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/petersen-investments-broker-peter-alcure-suspended\/"},"modified":"2018-10-08T12:38:38","modified_gmt":"2018-10-08T16:38:38","slug":"petersen-investments-broker-peter-alcure-suspended","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/petersen-investments-broker-peter-alcure-suspended\/","title":{"rendered":"FINRA Suspends Petersen Investments Broker for Failing to Disclose Settlement With Client"},"content":{"rendered":"

FINRA suspended New York-based broker Peter G. Alcure (CRD# 2406903)<\/a> after he settled a customer\u2019s losses without bringing the demand and subsequent settlement to his employing firm, Petersen Investments, Inc. (CRD# 38537).<\/a><\/p>\n

According to Alcure\u2019s FINRA BrokerCheck report, FINRA suspended him in July 2016 for one month after one of his customers verbally demanded that he pay her $20,000 to compensate her for losses she incurred in her account.\u00a0 According to the Acceptance, Waiver & Consent (\u201cAWC\u201d)<\/a> entered into between Alcure and FINRA, Alcure failed to notify his firm about the verbal demand or the settlement of the claim.<\/p>\n

Alcure, according to the AWC, sent the customer approximately 21 checks totaling an amount of approximately $12,500 to compensate her for her losses.\u00a0 Alcure was suspended for one month and fined $5,000, according to the AWC.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

FINRA suspended New York-based broker Peter G. Alcure (CRD# 2406903) after he settled a customer\u2019s losses without bringing the demand and subsequent settlement to his employing firm, Petersen Investments, Inc. (CRD# 38537). According to Alcure\u2019s FINRA BrokerCheck report, FINRA suspended him in July 2016 for one month after one of his customers verbally demanded that […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[578],"tags":[],"class_list":["post-2629","post","type-post","status-publish","format-standard","hentry","category-all-releases"],"yoast_head":"\nNew York Broker Peter Alcure Suspended; Fails to Disclose Settlement<\/title>\n<meta name=\"description\" content=\"If you have lost money investing with Peter G. 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