Perry DeLeeuw barred by FINRA
Perry DeLeeuw, a registered representative from Jacksonville, Texas a registered representative formerly with PFS Investments of Duluth, Georgia was suspended from FINRA membership for violations of Rule 9552
Fontaine Boutwell suspended by FINRA
Fontaine Boutwell, a registered representative from Jacksonville, Florida a registered representative formerly with Allstate Financial Services also of Jacksonville was suspended from FINRA membership for violations of Rule 9552
Juan Alejos suspended by FINRA
Juan Alejos, a registered representative from Elmsford, NY a registered representative formerly with Spartan Capital Securities of New York, NY was suspended from FINRA membership for violations of Rule 9552
Kim Padgett barred by FINRA
Kim Padgett, a registered representative from Belton, Missouri formerly with GWN Securities of Palm Beach Gardens, FL was barred from FINRA membership for violations of Rule 9552
Donald Lyons barred by FINRA
Donald Lyons, a registered representative from Banning, CA formerly with Nativeone Institutional Trading of Leonardo, NJ was barred from FINRA membership for violations of Rule 9552
Elias Katsis barred by FINRA
Elias Katsis, a registered representative from Rocky Point, NY formerly with Brookville Capital and Legend Securities was suspended from FINRA membership for violations of Rule 9552
Christopher Cervino barred by FINRA
Christopher Cervino, a registered representative from Franklin Lakes, NJ formerly with Primary Capital of NY, NY was suspended from FINRA membership for violations of Rule 9552
Francisco Camacho barred by FINRA
Francisco Camacho, a registered representative from Cathedral City, CA formerly with J.P, Morgan Securities of Rancho Mirage, CA was barred from FINRA membership for violations of Rule 9552
Chris Ariola charged by FINRA.
In a complaint filed by the FINRA Department of Enforcement in July, 2016 Chris Ariola of Santa Monica, CA, a former registered representative with Bay Mutual Financial and Financial Telesis was named as a Respondent in a complaint charging him with making unsuitable recommendations to elderly customers.
The allegations include that Ariola improperly concentrated his clients’ accounts in shares of gold and energy stocks without regard to their risk tolerances or their ability to bear the loss of the funds. As a result of the improper recommendations the customers sustained losses of nearly $150,000.
Adam Estes suspended by FINRA
In September, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Adam Estes of Bloomington, Indiana, a registered representative formerly with JJB Hilliard submitted an acceptance, waiver and consent letter whereby he was suspended from association with any FINRA member in any capacity for fifteen months and fined $15,000. The FINRA complaint asserted that Adam Estes participated in over one million dollars of private securities transactions away from the firm, without obtaining permission from JJB Hilliard. FINRA also found that Estes made misrepresentations and omissions to JJB Hilliard regarding his involvement in the private securities transactions on the firm’s annual compliance questionnaires.
Registration and disciplinary history
Securities Fraud Lawyer Blog