SEC obtains asset freeze on Credit Nation.
On December 1, 2015 the Securities and Exchange announced that James Torchia and Credit Nation agreed to the entry of a Consent Order that halted an alleged ongoing investment fraud involving the sale of promissory notes and life settlement contracts.
On April 25, 2016 the Court granted the SEC’s motion for a preliminary injunction, asset freeze, and appointed a Receiver over CN’s business.
George Dobbins, a registered representative formerly with Edward Jones in del Rio, TX was suspended from FINRA membership for violations of Rule 9552
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.
Angelos Tsigounis, of Sparta, NJ, a registered representative formerly with Stifel Nicolaus of Roseland, NJ was suspended from FINRA membership for violations of Rule 9552
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.
Sean Portnoy, a Plano, TX registered representative formerly with Nobles and Richards of Dallas, was suspended from FINRA membership for violations of Rule 9552. Portnoy has been involved in the oil and gas business.
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.
Bernard Parker, of Indiana, Pennsylvania a registered representative formerly with Edward Jones was suspended from FINRA membership for violations of Rule 9552
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.
Rogelio Guevara, of El Paso, Texas, a registered representative formerly with Northwestern Mutual Investment Services of El Paso was suspended from FINRA membership for violations of Rule 9552
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.
Larry Goldston, of Lubbock, Texas, a registered representative formerly with Caprock Securities of Lubbock, Texas was suspended from FINRA membership for violations of Rule 9552
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.
Thomas Buono, of Valley Cottage, NY, a registered representative formerly with Park Avenue Securities was suspended from FINRA membership for violations of Rule 9552
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.
Ricardo Broome, of Brooklyn New York, a registered representative formerly with Chelsea Financial Services in Staten Island, NY was suspended from FINRA membership for violations of Rule 9552
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.
Keith Bettex, of Apex, North Carolina, a registered representative formerly with Pruco Securities of Raleigh, NC was suspended from FINRA membership for violations of Rule 9552
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.
Securities Fraud Lawyer Blog