Broker records

Suspended for failure to provide information or keep information current pursuant to FINRA Rule 9552(d)

Barred pursuant to FINRA Rule 9552(h) for failure to provide information or keep registration information current (bar subsequently vacated)

Alleged failure to act in best interest of 89-year-old retired customer who incurred 2,217 trades resulting in approximately $2.5 million in trading costs and $1.8 million in losses, and failure to establish adequate supervisory system for excessive trading

Alleged failure to identify and reasonably investigate red flags indicating a representative was engaging in potentially excessive and unsuitable trading in an 89-year-old retired customer's accounts

Operated below minimum net capital for 84 business days; inaccurate books and records; inaccurate FOCUS reports; untimely deficiency notices

Failed to supervise low-priced securities deposits; deficient AML compliance program; failed to supervise and retain consolidated reports sent to customers

Suspended for failure to provide information or keep information current pursuant to FINRA Rule 9552

Alleged AML program failures; supervisory failures for manipulative trading detection; books and records violations; undisclosed underwriting compensation; sold new issues to restricted persons

Refused to respond to FINRA investigation requests; discharged for opening account using customer's personal information without consent and submitting non-genuine signature

Refused to provide information and testimony in FINRA investigation into use of unapproved communication channels with customers

Failed to report OTC options positions to LOPR system due to multiple system and operational failures; deficient supervisory procedures

Refused to provide on-the-record testimony in FINRA investigation into penny stock trading activities and outside business disclosures