Lincoln Financial fined by FINRA. In February, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Lincoln Financial Advisors of Ft. Wayne, Indiana submitted an acceptance, waiver and consent letter regarding its failure to effectively implement a reasonable penny stock supervisory system designed to achieve compliance with the securities laws.…
Liberty Associates fined. In February, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Liberty Associates New York, NY submitted an acceptance, waiver and consent letter regarding its failure to effectively implement a reasonable supervisory system designed to achieve compliance with the securities laws. In agreeing to the AWC, the…
Finance 500 fined $500,000. In February, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Finance 500 of Irvine, CA submitted an acceptance, waiver and consent letter regarding its failure to effectively implement an anti-money laundering compliance program into its securities business. In agreeing to the AWC, the firm was…
Robert Dull suspended. Robert Dull, a registered representative formerly with Suntrust Investment Services and Securities America 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 Settlement Providing for Restitution The…
Woodley Bagwell suspended. Woodley Bagwell, a registered representative formerly with Morgan Keegan and Raymond James, both of Birmingham, AL 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 Settlement Providing…
Eric Kuchel barred. In March, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Eric Kuchel of Yorba Linda, CA, formerly with Crown Capital Securities and LPL Financial, both of Brea, CA was named in a FINRA complaint alleging that he repeatedly failed to appear for on the record testimony…
Aon Miller suspended by FINRA. In March, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Aon Miller of Chattanooga, TN, formerly with Benjamin F. Edwards and Purshe Kaplan Sterling, both of Chattanooga, was suspended from association with any FINRA member in any capacity for two years and fined $50,000…
Michael Winegar barred by FINRA. In March, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Michael Winegar of Salem, OR, formerly with Wedbush Securities of Los Angeles, CA was barred from association with any FINRA member in any capacity as a result of findings that he converted one hundred…
Kevin Wanner Barred from securities industry In March, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Kevin Wanner of Bismarck, North Dakota, formerly with Questar Capital of Bismarck, ND was barred from association with any FINRA member in any capacity as a result of his failure to cooperate with…
Jason Sayles suspended 10 months. In March, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Jason Sayles of St. Petersburg, FL, formerly with Cetera Financial of St. Petersburg, FL was suspended from association with any FINRA member in any capacity for ten months and fined $15,000. The suspension and…