Monthly FINRA Enforcement Actions
Christopher Voccola Involved in Investor Dispute Over $2,500,000
Christopher Voccola (CRD #: 2963678), a broker registered with Madison Global Partners, is involved in a customer dispute over $2,500,000, according to his BrokerCheck record, accessed on December 14, 2020. On September 14, 2020, a client alleged that Christopher Voccola recommended unsuitable investment recommendations. The client is seeking $2,500,000; the dispute is pending. On August…
Read MoreFINRA May 2020 Disciplinary Actions
When brokers violate FINRA rules or federal securities regulations—by stealing customer funds, recommending unsuitable investments, or refusing to provide on-the-record testimony to FINRA—the Financial Industry Regulatory Authority holds them to account. FINRA publicizes disciplinary actions taken against brokers in their monthly round-up. The full May 2020 report can be viewed here. In the most serious…
Read MoreFINRA’s April 2018 Quarterly Disciplinary Review Includes Shareholder Impersonation, Private Securities Transactions
In April 2018 FINRA published a quarterly disciplinary review containing summaries of disciplinary actions taken by the organization. The review encompasses both settlements and decisions in litigated cases involving alleged misconduct by registered representatives. Following are brief recaps of the matters discussed therein. One settlement involved allegations that a representative recommended that retail customers purchase…
Read MoreFINRA Bars 12+ Representatives In May 2018
Publicly available records published by FINRA and accessed on May 15, 2018 indicate that more than one dozen brokers and/or investment advisers were reported as barred from associating with Financial Industry Regulatory Authority member firms this month. The individuals enumerated below have signed Letters of Acceptance, Waiver and Consent (AWC Letters) in connection to these…
Read MoreFINRA Suspends 30+ Representatives in October
According to the Financial Industry Regulatory Authority’s (FINRA) record of disciplinary actions issued in October, more than thirty brokers and/or investment advisers were reported in that month as suspended from associating with FINRA firms. The following registered representatives have agreed to these sanctions without admitting or denying the alleged underlying conduct. Some of these suspensions…
Read MoreFINRA Bars 20+ Representatives in October
According to the Financial Industry Regulatory Authority’s (FINRA) record of disciplinary actions issued in October, more than twenty dozen brokers and/or investment advisers were reported in that month as barred from associating with FINRA firms. The following registered representatives have signed Letters of Acceptance, Waiver and Consent (AWC Letters) agreeing to these sanctions without admitting…
Read MoreFINRA Suspends 30+ Representatives in September
According to the Financial Industry Regulatory Authority’s (FINRA) record of disciplinary actions issued in September, more than two dozen brokers and/or investment advisers were reported in that month as suspended from associating with any FINRA firm. The following registered representatives have signed Letters of Acceptance, Waiver and Consent (AWC Letters) agreeing to these sanctions without…
Read MoreFINRA Bars Registered Representatives Over Alleged Rule Violations
According to the Financial Industry Regulatory Authority’s (FINRA) record of disciplinary actions issued in September, a number of brokers and/or investment advisers were reported in that month as barred from associating with FINRA firms. The following individuals have signed Letters of Acceptance, Waiver and Consent (AWC Letters) agreeing to these sanctions without admitting or denying…
Read MoreFINRA Bars Representatives Over Alleged Rule Violations in July
According to the Financial Industry Regulatory Authority’s (FINRA) record of disciplinary actions issued in July, more than a dozen registered representatives were reported in that month as barred from associating with FINRA firms. The following representatives have signed Letters of Acceptance Waiver and Consent (AWC Letters) agreeing to these sanctions without admitting or denying the…
Read MoreFINRA Issues a Suspension to 30+ Representatives
According to the Financial Industry Regulatory Authority’s (FINRA) record of disciplinary actions issued in June, more than 30 brokers and/or investment advisers were reported in that month as suspended from associating with FINRA firms. The following individuals have agreed to these sanctions without admitting or denying the alleged underlying conduct. Some of these suspensions may…
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