Brian Quaranta (CRD #: 4223963), an investment adviser registered as an investment adviser with Foundations Investment Advisors LLC, is facing a regulatory action from the State of Pennsylvania, according to his BrokerCheck record, accessed on September 21, 2020. For more information about the State’s allegations, read on.
On August 3, 2020, the State alleged that Brian Quaranta, under the DBA “Secure Money Advisors,” sold at least 64 global notes to at least 57 Pennsylvania residents, for a total of $2,279,479. These notes were neither registered nor exempt from registration. According to the Pennsylvania Securities Act of 1972, global notes must be registered as securities before they can be sold.
Brian Quaranta has passed the Series 65 Uniform Investment Adviser Law Examination, Series 63 Uniform Securities State Law Examination, and the Series 6 Investment Company Products / Variable Contracts Representative Examination. He is a registered investment adviser in Pennsylvania.
Brian Quaranta has worked in the securities industry for 8 years. During his career, he has worked at the following firms:
- Stalwart Capital, LLC (CRD #: 149882)
- ING Financial Partners, Inc. (CRD #: 46605)
- Essex Securities LLC (CRD #: 46605)
- American General Securities Inc. (CRD #: 13626)
- SunAmerica Securities, Inc. (CRD #: 20068)
If Brian Quaranta was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email email@example.com for your free case consultation with a securities attorney.