TAG | broker not holding FINRA license
Comments off · Posted by Securities Lawyer in FINRA
Tsarina Lau Branyan (CRD #5628096, Registered Representative, Huntington Beach, California)
has been fined $7500.00 and was suspended from associating with FINRA members in any capacity for 20 business days.
This fine is payable when Branyan re-enters the securities industry. These sanctions were based on FINRA’s findings that Branyan sold, or participated in the sales of, securities without being registered.
The findings stated that Branyan did not hold any FINRA licenses when she sold or participated in the sale of approximately $1 million of private placement securities to customers.
The suspension was in effect from May 7, 2012, through June 4, 2012.
(FINRA Case #2010022715608)
broker not holding FINRA license · broker-dealer sale of private placements · brokerage supervisory deficiencies · failure to supervise brokers · Financial Industry Regulatory Authority · FINRA · FINRA arbitration · finra securities arbitration lawyer · fort lauderdale securities lawyer · high-risk private placements · private placement fraud lawyer · private placement lawyer · private placements · sale of private placements by unregistered dealer · Soreide Law Group PLLC · Stock fraud lawyer · stockbroker misconduct · supervisory failures · Tsarina Brany · Tsarina Lau Branyan Huntington Beach CA · unregistered broker-dealers · unregistered reps in brokerges · unregistered salesperson