The Securities and Exchange Commission (SEC) announced that it filed charges against Macquarie Capital (USA) Inc., a New York-based brokerage firm. Allegedly, Macquarie Capital (USA) Inc. was responsible for underwriting a public offering even though they had obtained a due diligence report indicating that the China-based company’s offering materials had contained false information. Macquarie Capital […]

Phil Donnahue Williamson, a Miami investment advisor, was charged by the Securities and Exchange Commission (SEC) with taking money from his investment fund and defrauding investors, which included several local teachers and law enforcement officers. The SEC is accusing Phil Donnahue Williamson with conducting a Ponzi scheme with money he raised for the Sterling Investment […]

Leslie Lynn King (CRD #5280908, Prosper, Texas) Alternate Names: LESLIE LYNN CAMPBELL was assessed a deferred fine of $10,000, required to pay $50,000 in deferred disgorgement of commissions received, plus interest, and suspended from association with FINRA members for two years for allegedly aiding and abetting a non-registered person to participate in the securities business. […]

Chia-Ming Hu (CRD #5368992, New York, New York) Alternate Name: MICHAEL HU was barred by FINRA for allegedly failing to provide FINRA-requested testimony involving an investigation into allegations that he and another representative of his member firm concealed trading losses. (FINRA Case #2014043161701) Michael Hu is not currently licensed to act as a broker (buying […]

Joel Eziekel Blum (CRD #4905379, Goshen, New York) Alternate Names: EZIEKEL JOEL BLUM was fined $10,000 and suspended by FINRA for 20 days for allegedly executing discretionary transactions in client accounts without written authorization to do so from his member firm. FINRA's findings stated that Blum also allegedly mismarked order tickets in connection with these […]

Leonard Eugene Tanner (CRD #442470, Indianapolis, Indiana) Alternate Names: GENE TANNER, LEONARD E TANNER was fined $15,000 and suspended from association with any FINRA member in any capacity for 10 business days. Allegedly, Tanner exercised discretion in executing transactions in approximately 90 client accounts without obtaining the clients’ written authorization and without his member firm’s […]

Tricia Denise Willis (CRD #5703572, Vernon, Connecticut) Alternate Name: TRICIA DENISE LIPARELLI was barred by FINRA for allegedly converting a client’s funds and signed the client’s name on withdrawal slips without authorization. Willis solicited a personal loan from a friend, who was also a client of her bank, and requested that the client permit her […]

Louis James Deeley (CRD #5830647, Santa Rosa, California) AKA: LOUIS POPP III was barred by FINRA for allegedly converting $24,014 from the bank account of his firm’s client for his own personal use and benefit. FINRA's findings stated that on separate occasions, Deeley submitted completed withdrawal slips to a bank teller containing a signature that […]

Raymond Thomas Clark (CRD #3120696, Williamsville, New York) was barred by FINRA for failing to appear for FINRA-requested on-the-record testimony. This request was related to an investigation into whether he allegedly executed excessive and/or unauthorized transactions in customer accounts, exercised discretion without authorization, and accepted trade instructions from an individual who was not authorized to […]