Posts Tagged ‘Suspended Brokers’
Farrukh Kazmi Involved in Unsuitable Investment Recommendations, Client Seeking $350,000
Farrukh Kazmi (CRD #: 2855915), a broker registered with Berthel, Fisher & Company Financial Services, Inc., has pending client complaints regarding unsuitable and misrepresented investments, according to his BrokerCheck record, accessed September 22, 2020. There are also two regulatory actions and an employment termination on his record that investors should note. On July 24, 2020,…
Read MoreJesse Kovacs Suspended by FINRA for a Private Securities Transaction
Jesse Kovacs (CRD #: 5047161), a broker registered with PTS Brokerage LLC, has been suspended by FINRA, according to his BrokerCheck record accessed on September 16, 2020. Have questions about Jesse Kovacs’ record as a broker? There are several disclosures that investors should note. On August 26, 2020, Jesse Kovacs entered into an Acceptance, Waiver…
Read MoreYvonne Nirelli Suspended By FINRA for Unauthorized Use of Discretion
Yvonne Nirelli (CRD# 1364313), a broker registered with Cadaret, Grant & Co, Inc., has been suspended by FINRA, according to her BrokerCheck record, accessed on September 17, 2020. She entered into an agreement with FINRA that discloses more information about the reason behind her suspension. On August 12, 2020, Yvonne Nirelli entered into an Acceptance,…
Read MoreAlbert Dishner Suspended for Dispute Over Authority to Exercise Discretionary Power
Albert Dishner (CRD #: 1912362), a broker and investment advisor registered with Morgan Stanley, was suspended by the Financial Industry Regulatory Authority (FINRA) for ten days, according to his BrokerCheck record, accessed on August 17, 2020. Why was Albert Dishner suspended? Read on to find out more. On June 17, 2020, Albert Dishner consented to…
Read MoreAlbert Dishner Suspended for Dispute Over Authority to Exercise Discretionary Power
Albert Dishner (CRD #: 1912362), a broker and investment advisor registered with Morgan Stanley, was suspended by the Financial Industry Regulatory Authority (FINRA) for ten days, according to his BrokerCheck record, accessed on August 17, 2020. Why was Albert Dishner suspended? Read on to find out more. On June 17, 2020, Albert Dishner consented to…
Read MoreCourtney Burn, New Jersey Broker, Suspended by FINRA for Using Unapproved Account Statements
Courtney Burn (CRD#: 4263447), a registered representative with The Investment Center, Inc. (CRD#: 17839) in Montville, New Jersey, has been suspended by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record accessed on June 17, 2020. What led to Courtney Burn’s suspension? Read on to learn more. On May 27, 2020, Courtney Burn…
Read MoreBob Korzik Suspended by FINRA Over Private Energy Investments
Bob Korzik (CRD#: 1013350), a former broker with Ameriprise, has been suspended by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record accessed on June 18, 2020. He was suspended for undisclosed outside business activities. What exactly happened? Read on to learn more. On October 12, 2017, Bob Korzik was terminated from Ameriprise…
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 MoreWilliam Wimberly, Formerly of LPL, Suspended by FINRA for Outside Business Activities
William Wimberly (CRD#: 1157038), formerly of LPL Financial LLC (CRD#: 6413) in Jackson, Mississippi, has been suspended by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record accessed on June 1, 2020. What happened to lead to William Wimberly’s suspension? FINRA found that he engaged in undisclosed outside business activities while employed at…
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