Broker records

Failed to identify and verify beneficial owners of at least 15 legal entity customers and failed to conduct independent AML testing from 2018 through 2023

Refused to provide information and documents requested by FINRA in connection with its investigation of a Rule 4530 filing disclosing facilitation of an improper customer cash deposit

FINRA membership cancelled pursuant to Rule 9553 for failure to pay required FINRA dues, fees, and other charges

Failed to report 837,805 fractional share trades and approximately 46,000 error correction trades to required FINRA reporting facilities, and lacked adequate supervisory system for trade reporting compliance

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

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

Made unsuitable non-traded REIT recommendations to four conservative investors and falsified customer account records to conceal the unsuitability

Acted as primary selling agent for private placement offerings without holding required registration as a General Securities Representative or Private Securities Offerings Representative

Failed to conduct independent AML testing in 2021 and 2022, and conducted inadequate testing in 2023 and 2024 based on data approximately three years out of date

Suspended pursuant to FINRA Rule Series 9554 for failure to comply with FINRA arbitration award or related settlement

Failed to supervise electronic communications of designated principals and failed to establish supervisory system for OTC sponsorship and market making businesses, including allowing false regulatory filings

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