Michael Hajek suspended by FINRA In March, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Michael Hajek of Treasure Island, FL, formerly with Cetera Financial of St. Petersburgh, FL was suspended from association with any FINRA member in any capacity for eighteen months and fined $35,000. The suspension and…
Peter Dourdas barred. In March, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Peter Dourdas of Jamesville, NY, formerly with Questar Capital of Syracuse, NY was barred from association with any FINRA member in any capacity as a result of his failure to provide FINRA information regarding their investigation…
Penates Group fined. In March, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Penates Group of Phoenix, Arizona 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 fined…
Fulcrum Securities fined. In March, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Fulcrum Securities of St. Louis, Missouri submitted an acceptance, waiver and consent letter regarding supervisory lapses in its securities business. In agreeing to the AWC, the firm was fined $20,000. FINRA’s allegations against Fulcrum Securities included…
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…