VAUGHN LEE ANDREWS-MCKAY (VAUGHN LEE ANDREWS) CRD#: 6491985 was barred by the Financial Industry Regulatory Authority Inc. (FINRA) in May of 2018.  Andrews-McKay, a former broker with PRUCO SECURITIES of Shelton, Connecticut, allegedly misappropriated $47,748.19 from two clients and forged signatures on checks taken from one of his clients. Andrews-McKay was discharged by PRUCO SECURITIES […]

LI-LIN HSU (YILIN HSU) CRD#: 4706509, a former Ameriprise Financial broker from Los Angeles, was arrested by the FBI last week on charges of federal fraud and money laundering. Hsu’s alleged scheme cost at least eleven of her former Ameriprise clients approximately $2 million. The U.S. Attorney’s office in the Central District of California said […]

Soreide Law Group, obtained the following information from FINRA’s April 2018 Disciplinary Report:  David Mitchell Elias (CRD #4209235, Parkland, Florida) was barred by FINRA for allegedly operating his member firm, DME SECURITIES in New York, NY, while it was in a net capital deficiency. FINRA’s findings stated that David Mitchell Elias was sole owner, control […]

SCOTT NEWSHOLME (CRD#: 3062837), a 43 year-old Farmingdale, New Jersey former broker, pleaded guilty on April 12, 2018 in federal court to wire fraud, aggravated identity theft and preparing fraudulent tax returns.  According to the US Attorney’s office, this pertains to a long-running scheme to defraud investment clients out of millions of dollars, forging an […]

Soreide Law Group, based in Florida, obtained the following information on the following Florida broker from FINRA’s website under, “Disciplinary and Other FINRA Actions March 2018:”  Kevin Scott Woolf (CRD #6145312, Winter Haven, Florida) was barred by FINRA for allegedly failing to provide documents and information and to appear and provide FINRA on-the-record testimony during […]

The following information was obtained from FINRA’s February 2018 Disciplinary Report by Soreide Law Group:  Jed Edward Tinder (CRD #1013144, Oshkosh, Wisconsin)  was barred by FINRA for allegedly refusing to provide information and documents requested by FINRA during the course of an ongoing examination into whether he conducted outside business activities, participated in private securities […]

Soreide Law Group, based in South Florida, obtained the following information from the February, 2018, Disciplinary Report from FINRA: Jermaine Doral Joseph (CRD #6056737, Miami Gardens, Florida) was barred by FINRA for allegedly serving as a personal representative in two wills executed by a client, and served as a representative payee for a non-client with […]

Soreide Law Group obtained the following information from FINRA’s January 2018 Disciplinary Report:  Success Trade Securities, Inc. (CRD® #46027, Washington, DC) and Fuad Ahmed (CRD #2404244, Washington, DC) A Securities and Exchange Commission (SEC) decision became final in which Success Trade Securities was expelled from FINRA® membership and Fuad Ahmed was barred from association with […]

Soreide Law Group obtained the following information from FINRA’s website under, “Disciplinary and Other FINRA Actions January 2018.” Masood Husain Azad (CRD #4798445, Houston, Texas) was barred by FINRA for allegedly failing to provide FINRA-requested documents and information in connection with its investigation into allegations of misconduct by him while associated with his former member […]