FINRA Issues Sanctions To Financial West Group's Sara Ng The Financial Industry Regulatory Authority (“FINRA”) reports troubling allegations of sales practice violations by Financial West Group securities broker Sara Ng (CRD#: 2701165, New York, New York). Not only has FINRA issued Ng a $5,000 fine and a suspension in December 2018 for making misleading and […]

FINRA Suspends Paulson Broker MICHAEL NIXON The Financial Industry Regulatory Authority (“FINRA”) announced August 16, 2019 that it issued a $5,000 fine and 15-day suspension to Paulson Investment Company (“Paulson”) securities broker Michael Nixon (CRD#: 2169631, Tampa, Florida). Evidently, the securities broker, who started working for Paulson beginning in December 2015, executed a Letter of […]

FINRA Issues Fine, Suspension To ROGER OWENS The Financial Industry Regulatory Authority (“FINRA”) announced on August 14, 2019 that it issued a 12-month suspension and $10,000 fine to Cetera Advisors securities broker Roger Owens (CRD#: 2359204, Elkton, Maryland). Evidently, Owens submitted a Letter of Acceptance, Waiver and Consent (“AWC”) on July 15, 2019, which FINRA […]

Did Jeremy Monte Cause You Losses? Former American Portfolios Financial Services securities broker Jeremy Monte (CRD#: 4601512, Fairport, New York) allegedly sold unsuitable investments to investors. Apparently, the Financial Industry Regulatory Authority (“FINRA”) reports through BrokerCheck that at least five clients of his filed disputes about his sales practices. Here’s more on the allegations against […]

Losses from Austin Dutton? Clients continue to dispute the sales practices of securities broker Austin Dutton (CRD#: 2739167, Doylestown, Pennsylvania). Namely, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck shows that Dutton, who worked for Newbridge Securities Corporation from 2007 to 2017, reports 21 client disputes and a regulatory sanction for his unsuitable recommendations. More specifically, between […]

MATTHEW ALBERS Suspended By FINRA The Financial Industry Regulatory Authority (“FINRA”) disclosed August 1, 2019 that it issued a suspension and $5,000 fine to Paulson Investment Company securities broker Matthew Albers (CRD#: 2917814, Vienna, Virginia) for discretionary trading. Evidently, Albers submitted a Letter of Acceptance, Waiver, and Consent (“AWC”) #: 2018056269001 on July 17, 2019. […]

JESSE HOLOVACKO Fraud Conviction Affirmed The United States Court of Appeals for the Third Circuit affirmed Merrill Lynch financial advisor Jesse Holovacko’s (CRD#: 5112298, Edison, New Jersey) convictions of 6 counts of wire fraud and 1 count of investment advisor fraud, according to an unpublished Opinion filed July 22, 2019 in U.S.A. v. Jesse Holovacko, […]

STEPHEN CARVER Cause Your Investment Losses? The Financial Industry Regulatory Authority (FINRA) confirms that at least three investors filed disputes over the sales practices of Stephen Carver (CRD#: 2230161, Peoria, Illinois). The disputes, which come from investors of both LifeMark Securities Corp, LPL Financial, and Cetera Advisors LLC, are summarized below: LifeMark Securities Corp. Client’s […]

CURTIS ILE Issued Suspension By FINRA The Financial industry Regulatory Authority (“FINRA”) announced that it has suspended Sigma Financial Corporation securities broker Curtis Ile (CRD#: 4009787, Mount Carmel, Illinois). Ile evidently mismarked order tickets, exercised discretion improperly, and failed to review information before making recommendations. The suspension, effective June 3, 2019 to December 2, 2019, […]