Hossein Amirriahei, a registered representative from Los Angeles, California, formerly with Wells Fargo Advisors was barred from FINRA membership as a result of failing to cooperate with a FINRA investigation. FINRA Rule 9552. Failure to Provide Information or Keep Information Current This FINRA rule provides if a FINRA member fails…
BOK Financial Settles SEC claims over Christopher Brogdon Senior Housing Deals On September 9, 2016 the SEC announced a settlement with BOK Financial Corporation whereby the firm agreed to pay $1.6 million to settle allegations that it failed to disclose a number of problems and concerns with several Christopher Brogdon…
The SEC charged South Carolina resident Dwayne Edwards with fraud for his role in a $62 million assisted living municipal bond offering. On January 10, 2017 the SEC charged South Carolina business man Dwayne Edwards with fraud in connection with a series of municipal bond offerings that raised funds for…
The SEC charged former J.D. Nicholas broker Don Fowler with violating the securities laws for churning customer accounts. On January 10, 2017 the SEC charged Don Fowler of Massapequa, N.Y. a registered representative with Worden Capital Management, and previously with J.D. Nicholas & Associates (f/k/a A & F Financial Securities)…
Worden Capital’s Greg Dean charged by SEC with churning customer accounts. On January 10, 2017 the SEC charged Greg Dean of Seaford, N.Y. a registered representative with Worden Capital Management, and previously with J.D. Nicholas & Associates with excessively trading customer accounts for the purpose of generating commissions. This type…
FINRA charges Rusty Tweed over fund transactions. On April 27, 2017 FINRA charged Rusty Tweed of Glendale California, a registered representative with Cabot Lodge Securities and formerly with Concorde Investment Services with making misstatements to investors in connection with a private placement in a company that utilized a computerized trading…
Source Capital Group’s Don Saccomano suspended by FINRA. Don Saccomano, a registered representative from Norwalk, Connecticut, formerly with Janney Montgomery Scott and Source Capital Group was suspended from FINRA membership as a result of failing to cooperate with a FINRA investigation. FINRA Rule 9552. Failure to Provide Information or Keep…
FINRA bars former Park Avenue Securities broker William Roe. William Roe, a registered representative from Fontana, California, formerly with Park Avenue Securities and Crowell Weadon was barred from FINRA membership as a result of failing to cooperate with a FINRA investigation. FINRA Rule 9552. Failure to Provide Information or Keep…
Lake Elmo broker Jeff Kluge barred by FINRA. Jeff Kluge, a registered representative from Lake Elmo, Minnesota, formerly with Merrill Lynch’s St. Paul, MN office was barred from FINRA membership as a result of failing to cooperate with a FINRA investigation. FINRA Rule 9552. Failure to Provide Information or Keep…
Alonza Barnett, (Al Barnett) a registered representative from Greensboro, North Carolina, formerly with Ameritas Investment Corp was barred from FINRA membership as a result of failing to cooperate with a FINRA investigation. FINRA Rule 9552. Failure to Provide Information or Keep Information Current This FINRA rule provides if a FINRA…