Broker records

Caused solicited UIT transactions to be marked unsolicited violated firm policy after warning and executed unauthorized UIT transactions

Negligently failed to disclose material information about delayed financial statement filings

Made material ownership changes without filing continuing membership application for FINRA approval

Impersonated customer in telephone call to firm and answered verification questions to request distribution

Accused of unsuitable REIT recommendations causing $4.1M losses falsifying customer financial information and sending misleading communications

Negligently omitted material facts about delayed financial statement filings

Failed to preserve more than 95 million order memoranda and failed to establish adequate recordkeeping supervision

Willfully failed to timely disclose felony charges and guilty plea on Form U4 for over a year

Excessively and unsuitably traded customer accounts with cost-to-equity ratios of 25-30 percent resulting in $175600 in trading costs

Borrowed $200000 from elderly customer without firm approval and made false statements on compliance questionnaires

Overstated trade volume due to technological misconfigurations and failed to maintain adequate supervisory procedures

Supervisory system failed to provide customers with mutual fund sales charge waivers and fee rebates