Posts Tagged ‘Terminated brokers’
Bill Dixon: Barred By FINRA Following Allegations That He Used Non-Genuine Investor Signatures
Bill Dixon (CRD #: 68881), a former broker and investment adviser, was barred by FINRA following allegations that he used non-genuine investor signatures, according to his BrokerCheck record, accessed on May 24, 2021. He was most recently registered with Southeast Investments, in Charlotte, North Carolina. To understand the FINRA bar, we should first examine the…
Read MoreMark Delgadillo Fined by the SEC Regarding 100 Unauthorized Transactions
Mark Delgadillo (CRD #: 1436842), a registered investment adviser with SFE Investment Counsel, is the subject of a FINRA fine, according to his Investment Adviser Public Disclosure, accessed on April 23, 2021. On April 20, 2020, Mark Delgadillo voluntarily resigned from D.A. Davidson & Co. following allegations that he executed trades without first contacting his…
Read MoreMatthew Clason Under Investigation for Stealing Investor Funds
Matthew Clason (CRD #: 4692266), a previously registered investment adviser and previously registered broker, is the subject of an SEC emergency action. The action alleges that Mr. Clason stole hundreds of thousands from one of his clients and that unless enjoined, Clason will continue to access the money in their shared bank account, according to…
Read MoreRobin Bartolomei, Terminated Michigan Broker, Involved in Investor Dispute Over Suitability
Robin Bartolomei (CRD#: 2249156), a registered representative with CFD Investments, Inc. (CRD#: 25427) and a Registered Investment Adviser (RIA) with Creative Financial Designs, Inc. (CRD#: 109032) in Rochester, Michigan, is currently involved in a pending investor dispute over suitability, according to their BrokerCheck record accessed on July 20, 2020. What happened to lead to this…
Read MoreSharon Kwan, Broker Previously Suspended for Outside Business Activities, Terminated from National Planning Corporation
Sharon Kwan (CRD#: 2578627), now a registered representative with Royal Alliance Associates, Inc. (CRD#: 23131) in Arcadia, California, was previously terminated from National Planning Corporation, according to her BrokerCheck record accessed on July 1, 2020. On September 25, 2013, Sharon Kwan was terminated from National Planning Corporation. What happened? The firm found that she had…
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 MoreRobert David Terminated by Morgan Stanley
Robert David (CRD#: 5211223), a former registered representative with Morgan Stanley (CRD#: 149777) in Farmington Hills, Michigan, was recently the subject of a customer dispute over suitability, according to his BrokerCheck record accessed on April 27, 2020. While this matter has been settled, Robert David’s BrokerCheck record lists several other pending customer complaints. On March…
Read MoreJohn Jaramillo, formerly of Western International Securities, Terminated for Selling Away
John Jaramillo (CRD#: 2659263), a former registered representative, has been terminated from his role as a broker with Western International Securities, according to his BrokerCheck record accessed on March 16, 2020. What happened to lead to John Jaramillo’s termination from Western International Securities? On March 5, 2020, the firm found that John Jaramillo sold an…
Read MoreMarc Winters Terminated from Wedbush Securities, Inc.
Marc Winters (CRD#: 4053113), a former registered representative with Wedbush Securities, Inc. (CRD#: 877) in Los Angeles, California, has been terminated from Wedbush Securities, Inc. This comes three years after he was the subject of an SEC cease and desist order, according to Marc Winters’s BrokerCheck record accessed on March 4, 2020. On December 31,…
Read MoreJeffrey Rahm, Minneapolis Broker, Terminated from Stifel, Nicolaus & Company in the Wake of “Selling Away” Allegations
Jeffrey Rahm (CRD#: 1520986), a Minneapolis-based broker, was recently terminated from his role as a broker with Stifel, Nicolaus & Company, Incorporated, according to his BrokerCheck record accessed on February 21, 2020. He was discharged from the firm following allegations that he engaged in an undisclosed outside business activity. He is currently a registered representative…
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