Curtis Worrell suspended over DLG sales In May, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Curtis Worrell of Roanoke, VA, formerly with Financial West Group was suspended from association with any FINRA member in any capacity for one year and fined $44,000 as a result of his participation…
Charles McInnis suspended 18 months In May, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Charles McInnis of Miami, Florida, formerly with CP Capital Securities of Miami, FL was suspended from association with any FINRA member for eighteen months as a result of his participation in an unregistered securities…
Gerard Fagnant barred by FINRA In May, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Gerard Fagnant of Westminster, MA, formerly with LPL Financial Services, of Leominster, MA was barred from association with any FINRA member as a result of his participation in undisclosed loan transactions with an LPL…
Frank Capuano suspended by FINRA In May, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Frank Capuano of West Springfield, MA, formerly with Royal Alliance Associates, of Holyoke, MA was suspended from association with any FINRA member for twelve months and fined $10,000 as a result of his participation…
Jeffrey Borneman suspended In May, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Jeffrey Borneman of Los Angeles, CA, formerly with World Equity Group, Cambridge Investment Research and Concorde Investment Services, all of Los Angeles, was suspended from association with any FINRA member for thirty days and fined $5,000…
Anthony Blackshear suspended In May, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Anthony Blackshear of San Antonio, TX, formerly with PFS Investments of San Antonio, TX was suspended from association with any FINRA member for two years and fined $12,500 as a result of his misuse of customer…
World Equity Group fined. In June, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that World Equity Group of Arlington Heights, Illinois submitted an acceptance, waiver and consent letter regarding supervisory lapses in its securities business. In agreeing to the AWC, the firm was fined $50,000. FINRA’s allegations against the…
FINRA fines PTX Securities In June, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that PTX Securities of Plano, Texas submitted an acceptance, waiver and consent letter regarding due diligence violations in its securities business. In agreeing to the AWC, the firm was fined $20,000. FINRA’s allegations included that the…
CP Capital Securities Fined by FINRA In June, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that CP Capital Securities of Miami, Florida submitted an acceptance, waiver and consent letter regarding supervisory lapses in its securities business. In agreeing to the AWC, the firm was fined $70,000. FINRA’s allegations against…
In May, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Chris Tolmacs of Scotts, Michigan, formerly with Triad Advisors of Portage, MI was barred from association with any FINRA member as a result of his refusal to cooperate with FINRA’s investigation as to whether he engaged in private securities…