ATTENTION INVESTORS: FINRA Fines, Suspends Morgan Stanley Broker FRANK VENABLE The Financial Industry Regulatory Authority (FINRA) announced January 3, 2019 that Morgan Stanley general securities representative Frank Venable (CRD#: 1461515, Knoxville, Tennessee) will be suspended and must pay a $5,000 fine for trading without permission in accounts of Morgan Stanley clients. Specifically, in a Letter […]

FINRA Sanctions Sigma Financial Broker GREGORY RUSNAK The Financial Industry Regulatory Authority issued a suspension and $5,000 fine to Sigma Financial Corporation securities representative Gregory Rusnak (CRD#: 1505212, St. Charles, Illinois) for unauthorized trading. Specifically, Rusnak submitted a Letter of Acceptance, Waiver and Consent (“AWC”) #2017055797701 on November 14, 2018 which FINRA accepted January 9, […]

ATTENTION INVESTORS! FINRA Fines, Suspends Ameriprise Broker COREY MIREAU The Financial Industry Regulatory Authority (“FINRA”) announced that Ameriprise Financial Services, Inc. general securities representative Corey Lee Mireau (CRD#: 3046777, Eden Prairie, Minnesota) has been issued a $15,000.00 fine and two year suspension for borrowing money from customers; participating in a private securities transaction and outside […]

INVESTOR ALERT: EDI Financial Broker William Thurmond Fined For Unsuitable Trading The Financial Industry Regulatory Authority (“FINRA”) announced that it has sanctioned EDI Financial, Inc. broker William Stafford Thurmond (CRD#: 870133, New York, New York) by issuing him a $25,000 fine, suspending him for fifteen months, and ordering him to disgorge more than $42,000 in […]

MARK SCHKLAR (CRD#: 1952816), a former broker with BB&T Securities of Richmond, Virginia, was fined $10,000 by FINRA, and suspended from the industry for eight months beginning 3/20/2017, and ending 11/19/2017. FINRA stated that without admitting or denying the findings, Schklar consented to the sanctions and to the entry of findings that he allegedly participated […]

FINRA Fines, Suspends UBS Financial Broker SCOTT MINTZ For Discretionary Trading The Financial Industry Regulatory Authority (“FINRA”) just issued UBS Financial Services Inc. broker Scott Blake Mintz (CRD#: 4783179, Hartford, Connecticut) a suspension and required Mintz to pay a $5,000.00 fine for alleging making discretionary trades in the accounts of UBS Financial Services investors. FINRA […]

FINRA Issues Fine And Suspension To LPL Financial LLC’s Melvin Case Melvin Elwood Case (CRD#: 2393464, Jacksonville, Florida) is a prior general securities representative for LPL Financial LLC. Notably, on January 19, 2018, FINRA issued Case a $5,000 fine and six month suspension from having any association with a FINRA member in all capacities for […]

INVESTOR ALERT: FINRA Fines And Suspends KMS Financial Services’ John Kasel   John Kasel (CRD#: 4382483, Scottsdale, Arizona) is a prior KMS Financial Services Inc. registered representative who FINRA just sanctioned because he engaged in outside business activities. Specifically, Kasel accepted and consented to FINRA’s imposition of a fine of $5,000 and suspension for three […]

FINRA Suspends Garden State Securities Broker Raymond John Pirrello Jr. The Financial Industry Regulatory Authority (FINRA) has sanctioned Raymond John Pirrello Jr. (CRD#: Hackensack, New Jersey), who is a prior general securities representative of Garden State Securities (August 14, 2008 to May 20, 2016). Pirrello consented to FINRA’s imposition of a $20,000.00 fine and 18-month […]