Articles Posted in Disciplinary Actions

Alex Battle, a registered representative formerly with Princor Financial Services of San Mateo and San Francisco, CA was suspended from FINRA membership for violations of Rule 9552

FINRA Rule 9552. Failure to Provide Information or Keep Information Current

This FINRA rule provides if a FINRA member fails to provide information or testimony requested or required by FINRA’s By-Laws or FINRA rules, or fails to keep his or her membership and supporting documents current, FINRA, after providing  21 days’ notice may suspend the FINRA membership of the person.

Stephen Anders, a registered representative formerly with Capital One of Potomac, Maryland was suspended from FINRA membership for violations of Rule 9552

FINRA Rule 9552. Failure to Provide Information or Keep Information Current

This FINRA rule provides if a FINRA member fails to provide information or testimony requested or required by FINRA’s By-Laws or FINRA rules, or fails to keep his or her membership and supporting documents current, FINRA, after providing  21 days’ notice may suspend the FINRA membership of the person.

Gordon Adamson, a registered representative formerly with Farmers Financial Solutions in Mooresville, Indiana was suspended from FINRA membership for violations of Rule 9552

FINRA Rule 9552. Failure to Provide Information or Keep Information Current

This FINRA rule provides if a FINRA member fails to provide information or testimony requested or required by FINRA’s By-Laws or FINRA rules, or fails to keep his or her membership and supporting documents current, FINRA, after providing  21 days’ notice may suspend the FINRA membership of the person.

Kayla Paul Lindsey, a registered representative formerly with Park Avenue Securities and MML Investors Services was suspended from FINRA membership for violations of Rule 9552

FINRA Rule 9552. Failure to Provide Information or Keep Information Current

This FINRA rule provides if a FINRA member fails to provide information or testimony requested or required by FINRA’s By-Laws or FINRA rules, or fails to keep his or her membership and supporting documents current, FINRA, after providing  21 days’ notice may suspend the FINRA membership of the person.

Kristal Johnson, a registered representative formerly with Fifth Third Securities in Hillsdale, Michigan was suspended from FINRA membership for violations of Rule 9552.  Johnson is also known as Kristal Cole, Kristal Draper and Kristal Hammond.

FINRA Rule 9552. Failure to Provide Information or Keep Information Current

This FINRA rule provides if a FINRA member fails to provide information or testimony requested or required by FINRA’s By-Laws or FINRA rules, or fails to keep his or her membership and supporting documents current, FINRA, after providing  21 days’ notice may suspend the FINRA membership of the person.

Kenneth Dlouhy, a registered representative formerly with Cantone Research in Tinton Falls, NJ was suspended from FINRA membership for violations of Rule 9552

FINRA Rule 9552. Failure to Provide Information or Keep Information Current

This FINRA rule provides if a FINRA member fails to provide information or testimony requested or required by FINRA’s By-Laws or FINRA rules, or fails to keep his or her membership and supporting documents current, FINRA, after providing  21 days’ notice may suspend the FINRA membership of the person.

Randy Alford, a registered representative formerly with Southeast Investments of Conway, South Carolina was suspended from FINRA membership for violations of Rule 9552

FINRA Rule 9552. Failure to Provide Information or Keep Information Current

This FINRA rule provides if a FINRA member fails to provide information or testimony requested or required by FINRA’s By-Laws or FINRA rules, or fails to keep his or her membership and supporting documents current, FINRA, after providing  21 days’ notice may suspend the FINRA membership of the person.

Steven Aguilar, a registered representative formerly with J.P. Morgan Securities of Denver, Colorado was suspended from FINRA membership for violations of Rule 9552

FINRA Rule 9552. Failure to Provide Information or Keep Information Current

This FINRA rule provides if a FINRA member fails to provide information or testimony requested or required by FINRA’s By-Laws or FINRA rules, or fails to keep his or her membership and supporting documents current, FINRA, after providing  21 days’ notice may suspend the FINRA membership of the person.

Paul Steffany Barred by FINRA and Connecticut; Arizona investigation

Paul Steffany, a former registered representative with Raymond James and Associates of Wilton, CT was permanently barred by FINRA in October, 2015 as a result of a FINRA investigation into Steffany’s role in converting funds belonging to an estate client, and spending those funds for personal use.

On May 13, 2016 the state of Connecticut issued a consent order barring Paul Steffany for the same conduct.  According to the findings, Steffany converted over $110,000 of estate funds by transferring the funds from the estate’s Raymond James account to an estate bank account outside the firm.  He had the bank account statements sent to his home to conceal his conduct, and then wrote checks from the estate account to cover his personal expenses.

Robert Kerrigan, a former registered representative with First Financial Equity Corporation was permanently barred by FINRA for refusing to cooperate with  FINRA in their investigation into Kerrigan’s sales of unregistered securities.  Among the unregistered securities sold by Robert Kerrigan were shares in USA Barcelona and The Materials Acquisition Company or TMAC.

On August 26, 2015 the Arizona Corporations Commission issued a temporary restraining order based on allegations that Robert Kerrigan, USA Barcelona Realty Advisors, LLC, and USA Barcelona Hotel Land Company I, LLC had mislead investors by conducting an unregistered suecurities offering.

The Commission alleged that in 2012 through 2013, Barcelona Advisors improperly sold promissory notes.  Robert Kerrigan was named as a Defendant in the complaint filed by the Commission