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Broker records

2,290 records on file, newest first

2023-12-01 /CRD 22982 /NY

Benchmark Company Fined for Research Information Control Failures

fined

Failed to prevent selective dissemination of material non-public research information

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2023-12-01 /CRD 3018615 /PA

John Dougherty Barred for Failing to Provide Information to FINRA

barred

Failed to provide information regarding undisclosed outside business activities and private securities transactions

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2023-12-01 /CRD 4517367 /FL

Joe Gainer Barred for Refusing FINRA Testimony

barred

Refused to testify regarding undisclosed position of trust and $3 million gift from client

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2023-12-01 /CRD https /Failed to supervise fully paid securities lending and made misrepresentations about customer compensation

The over $1 million in restitution compensates customers whose securities were lent over dividend dates and who potentially suffered adverse tax consequences. This case illustrates the importance of making individualized appropriateness determinations before enrolling customers in programs that could result in tax consequences. Automatically enrolling all customers without evaluation and providing false information about compensation are serious violations. Investors should carefully review whether securities lending programs are appropriate for their tax situation and verify they will actually receive the compensation promised.”

other

2600000

$1,000,000 Read the record →

2023-11-30 /CRD 41139 /TX

Alterna Securities Fined for Inadequate Supervision of Pre-Arranged Trading

fined

Inadequate supervision of potentially manipulative trading

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2023-11-30 /CRD 20472 /NY

TIAA-CREF Fined $125,000 for Customer Complaint Reporting Failures

fined

Failure to report customer complaints and settlements

$125,000 Read the record →

2023-11-30 /CRD 2559502 /TX

Forrest Addington Wester Barred for Refusing to Provide Information About Potential Misappropriation

barred

Refusal to provide information about potential misappropriation

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2023-11-30 /CRD 2482909 /OH

Malay Kumar Suspended for Unsuitable Variable Annuity Exchanges Causing $50,000 in Surrender Fees

suspended

Unsuitable variable annuity exchanges; misrepresenting transactions

$50,000 Read the record →

2023-11-29 /CRD 1032543 /TN

John Patterson Corey Suspended for Impersonating Customer in Phone Calls

suspended

Impersonating customer in telephone calls to obtain account information

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2023-11-28 /CRD 16569 /NY

Allied Millennial Partners Fined for Failure to File Private Placement Documents

fined

Failure to file required private placement documents

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2023-11-28 /CRD 7344563 /MA

Kerry Lee Broderick Barred for Refusing to Testify About Helping Representative Place Trades

barred

Refusal to testify about circumventing firm policies

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2023-11-28 /CRD 6187396 /TX

Jake Louis Fruge Suspended for Undisclosed Outside Business Activity

suspended

Undisclosed outside business activity with conflicts of interest

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