January, 2017: FINRA announces Debbie Sue Arnold Barred for violating FINRA Rule 9552 Debbie Sue Arnold, a registered representative from Albany, Ohio, formerly with Farmers Financial Solutions was suspended from FINRA membership for violations of Rule 9552 FINRA Rule 9552. Failure to Provide Information or Keep Information Current This FINRA…
Marian Young of Saving2Retire barred from selling investments by California’s Department of Business Oversight On March 24, 2016 the State of California’s Department of Business Oversight issued a bar order, denying Marian Young of Saving2Retire permission to act as an investment advisor or a broker dealer in California. The Order…
Marc Sarner of Beacon Financial Advisory Services Hit with Cease and Desist Order by California’s Department of Business Oversight On June 30, 2016 the State of California’s Department of Business Oversight issued a cease and desist order against Marc Sarner of Beacon Financial Advisory Services over allegations he participated in…
Derrick Stephens, D Stephens Management and Consulting, Lola Korneevets Hit with Cease and Desist Order by California’s Department of Business Oversight On June 22, 2016 the State of California’s Department of Business Oversight issued a cease and desist order against Derrick Stephens and D Stephens Management and Consulting over allegations…
The State of California stripped Eric Grace of his ability to legally sell investments in California On May 18, 2016 Eric Grace, a former registered representative and investment advisor with Grace Capital Management of Torrance, CA was barred from acting as an investment advisor or broker dealer by the California…
Paul Moore Coast Capital Management Hit with Cease and Desist Order by California’s Department of Business Oversight On May 18, 2016 the State of California’s Department of Business Oversight issued a cease and desist order against Paul Moore of Coast Capital Management over allegations they participated in an unqualified offering…
James Duhon and Source Capital Hit with Cease and Desist Order by California’s Department of Business Oversight On October 10, 2016 the State of California’s Department of Business Oversight issued a cease and desist order against Source Capital and James Duhon over allegations they participated in an unqualified offering of…
Five Star Financial Hit with Cease and Desist Order by California’s Department of Business Oversight On August 9, 2016 the State of California’s Department of Business Oversight issued a cease and desist order against Five Star Financial (dba JBAH Insurance Solutions) and its control persons and officers Anna Holt and…
Robert Estevez suspended by FINRA In September, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Robert Estevez of Greenwich, CT, a registered representative with Joseph Gunnar and Company submitted an acceptance, waiver and consent letter whereby he was suspended from association with any FINRA member in any capacity for…
Joey Broussard barred by FINRA In November, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Joey Broussard of Princeton, Texas, a registered representative formerly with Source Capital Group and Red River Securities was barred from association with any FINRA member in any capacity. The FINRA findings stated that a…