Posts Tagged ‘barred brokers’
Dominic Tropiano Barred by the SEC and FINRA Following Allegations of Unsuitable Recommendations to Invest in Speculative ETFs
Dominic Tropiano (CRD #: 4761462), a former broker with America Northcoast Securities, Inc., has been barred by the SEC from acting as a broker or an investment adviser, according to his BrokerCheck record, accessed on September 23, 2020. He was also barred by FINRA in 2019 and has six pending investor disputes. These are not…
Read MoreMarshall Isaacson Barred by FINRA After Ceasing to Cooperate with FINRA’s Investigation
Marshall Isaacson (CRD #: 1140370), a previously registered broker with Newbridge Securities Corporation, has been barred by FINRA, according to his BrokerCheck record, accessed on September 23, 2020. In addition to this regulatory action, Mr. Isaacson has racked up several investor disputes, a civil judgement, and two tax liens. On July 20, 2020, Mr. Isaacson…
Read MorePeter Ianace Barred by FINRA After Failing to Cooperate in Investigation
Peter Ianace (CRD #: 3238078) has been barred by the Financial Industry Regulatory Authority (FINRA) following allegations that he refused to provide documents during the course of a FINRA investigation. This is according to his BrokerCheck record, accessed on September 7, 2020. Even though he has been barred, Mr. Ianace still has a pending customer…
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 April 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 April 2020 report can be viewed here. In the most…
Read MorePiero DiLorenzo, Former Broker with NYLIFESecurities, Barred by FINRA Over Variable Annuity Applications
Piero DiLorenzo (CRD#: 4670150), a former broker with NYLIFE Securities LLC (CRD#: 5167) in Melville, New York, has been barred by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record accessed on May 12, 2020. How did this bar come about? Piero DiLorenzo’s troubles began on June 18, 2019, when NYLIFE Securities LLC…
Read MoreFINRA March 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 March 2020 report can be viewed here. In the most serious…
Read MoreDan Vazquez, Barred Broker, Convicted of Fraud
Dan Vazquez (CRD#: 3141463), a former registered representative who has been barred by FINRA, is the subject of a final judgment by the Securities and Exchange Commission (SEC) according to his BrokerCheck record accessed on March 23, 2020. He has pled guilty to fraud in connection with real estate investments. On January 12, 2018, the…
Read MoreChristopher Laws, Former Broker with BCG Securities, Barred from the Securities Industry Following Keystone Capital Sanction
Christopher Laws (CRD#: 4479529), a former broker with BCG Securities, Inc. (CRD#: 70) in Roswell, Georgia, has been permanently barred from the securities industry by the Securities and Exchange Commission (SEC), according to his BrokerCheck record accessed on March 4, 2020. On July 31, 2017, the SEC rendered a judgment against Christopher Laws, mandating that…
Read MoreRandy Carpen, Former Missouri Broker, Barred from the Securities Industry
Randy Carpen (CRD#: 2469877), a former registered representative with Vestech Securities, Inc. (CRD#: 41409), has been permanently barred from the securities industry by FINRA, the Financial Industry Regulatory Authority, according to his BrokerCheck record accessed on February 20, 2020. What happened to lead to Randy Carpen’s bar from the securities industry? When FINRA requested documents…
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