FINRA bars Tracy wengert. In December, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Tracy Wengert of Lakeside, AZ formerly with Transamerica Financial and World Group Securities, both of Mesa, AZ submitted an acceptance, waiver and consent letter whereby he was barred from association with any FINRA member in…
Karen Tautges Parisian suspended by FINRA. In December, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Karen Tautges-Parisian of Minnetonka, MN formerly with Ameriprise Financial Services of New Prague, MN submitted an acceptance, waiver and consent letter whereby she was suspended from association with any FINRA member in any…
David Scholl suspended by FINRA. In December, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that David Scholl of Caledonia, MI formerly with Planmember Securities of Grand Rapids, MI submitted an acceptance, waiver and consent letter whereby he was suspended from association with any FINRA member in any capacity for…
Michael Duch suspended by FINRA. In December, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Michael Duch of Aberdeen, South Dakota with Kovack Securities of Aberdeen, SD submitted an acceptance, waiver and consent letter whereby he was suspended from association with any FINRA member in any capacity for twenty…
FINRA bars Randy Burke. In December, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Randy Burke of Ferguson, North Carolina formerly with Calton and Associates and Capital Investment Group, both of Hickory, NC submitted an acceptance, waiver and consent letter whereby he was barred from association with any FINRA…
Maxwell SImon fined by FINRA. In December, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Maxwell Simon of Minneapolis, MN submitted an acceptance, waiver and consent letter regarding its failure to supervise its registered representatives in their sales of unregistered microcap securities. In agreeing to the AWC, the firm…
Geneos Wealth Management fined by FINRA. In December, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Geneos Wealth Management of Centennial, CO submitted an acceptance, waiver and consent letter regarding its failure to supervise its registered representatives in their sales of limited partnership interests to customers. In agreeing to…
Capital Securities Management fined $470,000. In December, 2015, the Financial Industry Regulatory Authority (“FINRA”) announced that Capital Securities Management of Glen Allen, Virginia submitted an acceptance, waiver and consent letter regarding its sales of four million dollars of reverse convertible notes (RCNs) to its clients, and the firm’s failure to…
Daniel Crowley suspended by FINRA. Daniel Crowley, a registered representative from New Canaan, CT, formerly with Rochdale Securities of Stamford, CT was suspended from FINRA membership for violations of Rule 9554. FINRA Rule 9554. Failure to Comply with an Arbitration Award or Related Settlement or an Order of Restitution or…
FINRA suspends J.R. Gladden a year. In July, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that J.R. Gladden of La Mesa, California formerly with Securities Equity Group of El Cajon, CA submitted an acceptance, waiver and consent letter whereby he was suspended from association with any FINRA member in…