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…

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Mark Lamkin (CRD#: 2121510), a registered representative with Calton & Associates, Inc., (CRD#: 20999) in Louisville, Kentucky, has been suspended by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record accessed on May 15, 2020. What happened to lead to Mark Lamkin’s suspension? Read on to learn more.  On March 30, 2020, Mark…

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Jody Pullium (CRD#: 3272304), an Illinois-based broker, has been suspended by the Financial Industry Regulatory Authority (FINRA) after he failed to respond to FINRA’s request for information, according to his BrokerCheck record accessed on May 5, 2020.  On February 25, 2020, Jody Pullium entered into an Acceptance, Waiver, and Consent (AWC) agreement with the Financial…

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Steven Maher (CRD#: 1011535), a registered representative with American Portfolios Financial Services, Inc. (CRD#: 18487) in Oradell, New Jersey, has been suspended by the Financial Industry Regulatory Authority (FINRA), according to his BrokerCheck record accessed on May 5, 2020. Why was Steven Maher suspended? Read on to find out.  On March 3, 2020, FINRA found…

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Raz Razvi (CRD#: 3042006), formerly of Lincoln Financial Securities Corporation (CRD#: 3870), has been suspended from the securities industry by FINRA, the Financial Industry Regulatory Authority, according to his BrokerCheck record accessed on March 16, 2020. What happened to lead to Razi Razvi’s suspension by FINRA? It all began on April 9, 2018, when a…

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Kevin Meadows (CRD#: 2878889), a former broker with IBN Financial Services, has been suspended from the securities industry, according to his BrokerCheck record accessed on February 20, 2020. On January 28, 2020, Kevin Meadows entered into an Acceptance, Waiver, and Consent (AWC) agreement with FINRA, the Financial Industry Regulatory Authority. He consented to FINRA’s findings…

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Kerry Wills (CRD#: 1353739), a registered representative with First Western Securities, Inc. (CRD#: 19537) in Manhattan Beach, California, has been suspended by the Financial Industry Regulatory Authority (FINRA) for borrowing $150,000 from a 90-year-old customer, according to his BrokerCheck record accessed on January 31, 2020. On January 27, 2020, Kerry Wills consented to FINRA’s findings…

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Bob D’Andria (CRD#: 1916172), a registered representative with International Assets Advisory, LLC (CRD#: 10645) in Spring Lake, New Jersey, has been suspended from the securities industry after recommending non-traditional exchange traded products (NT-ETPs) without having a sufficient understanding of these investment products, according to his BrokerCheck record accessed on January 24, 2020. On January 2,…

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Felix Chu (CRD#: 2427593), formerly a registered representative with NYLIFE Securities, has been indefinitely suspended from the securities industry, according to his BrokerCheck record accessed on January 21, 2020. What happened to lead to Felix Chu’s indefinite suspension from the securities industry? On August 29, 2019, Felix Chu became involved in a customer dispute. Clients…

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Cecil Ross (CRD#: 2391047), a registered representative with International Assets Advisory LLC (CRD#: 10645) in San Angelo, Texas, has been suspended by FINRA, the Financial Industry Regulatory Authority, according to his BrokerCheck record accessed on January 16, 2020. On December 18, 2019, Cecil Ross entered into an Acceptance, Waiver, and Consent (AWC) with FINRA, the…

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