Eugene Long (CRD#: 2386267), a broker registered with Cadaret, Grant & Co., Incorporated, was suspended from the securities industry by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record, accessed August 18, 2020. Why was Eugene Long suspended? Keep reading to find out.   On July 2, 2020, Eugene Long entered into an…

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Michael Rubel (CRD #: 4935564), a broker and investment adviser in Tennessee, has been suspended by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record, accessed on October 28, 2020. Mr. Rubel is registered with B. Riley Wealth Management. Investors, take note: This suspension is not the only disclosure on Mr. Rubel’s record. …

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Xerxes Mullan (CRD #: 4579996), an investment adviser registered with Avestar Capital LLC, has entered into an Acceptance, Waiver & consent agreement (AWC) with the Financial Industry Regulatory Authority (FINRA), according to his IAPD record, accessed on October 19, 2020. While Mr. Mullan is still a registered investment adviser with the Securities and Exchange Commission,…

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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,…

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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…

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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,…

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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…

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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…

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