Stephanie Lee Webster (CRD #2424488, Registered Representative, Fort Lauderdale, Florida) was fined $5,000 and suspended from association with any FINRA member in any capacity for 15 business days. Without admitting or denying the findings, Webster consented to the described sanctions and to the entry of findings that she attempted to settle a customer’s complaint, without […]

FINRA publishes a quarterly review to provide firms with a sampling of recent disciplinary actions involving misconduct by registered representatives. The sample includes settled matters and decisions in litigated cases (National Adjudicatory Council (NAC) decisions and SEC decisions in FINRA cases). These summaries call attention to, and remind registered representatives and member firms of, specific […]

Kris Michael Thoresen (CRD #1940175, Registered Representative, Ponte Vedra, Florida) was fined $10,000 and suspended from association with any FINRA member in any capacity for one year. Without admitting or denying FINRA's findings, Thoresen consented to the described sanctions and to the entry of findings that he was aware of his member firm’s supervisory guidelines […]

Edgar Allen Thomas (CRD #2231242, Registered Principal, Winter Haven, Florida) was fined $5,000 and suspended from association with any FINRA member in any principal capacity for 10 business days. Without admitting or denying FINRA's findings, Thomas consented to the described sanctions and to the entry of findings that he failed to reasonably supervise a registered […]

Alan Bruce Levin (CRD #3073530, Registered Principal, Coral Springs, Florida) was fined $10,000 and suspended from association with any FINRA member in any principal capacity for 10 business days. Without admitting or denying FINRA's findings, Levin consented to the described sanctions and to the entry of findings that, as his member firms’ FINOP, he allowed […]

FINRA publishes this quarterly review to provide firms with a sampling of recent disciplinary actions involving misconduct by registered representatives. This sample includes settled matters and decisions in litigated cases (National Adjudicatory Council (NAC) decisions and SEC decisions in FINRA cases). These summaries call attention to, and remind registered representatives and member firms of, specific […]

Michael John Hester (CRD #3044429, Registered Representative, Tampa, Florida) was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Hester consented to the described sanction and to the entry of findings that he engaged in a private securities transaction by accepting checks totaling $20,000 from individuals to purchase […]

Alice Hale Everett (CRD #1867376, Registered Representative, Hialeah, Florida) was barred from association with any FINRA member in any capacity. Without admitting or denying the allegations by FINRA, Alice Everett consented to the described sanction and to the entry of findings that she failed to respond to FINRA requests for information regarding a possible private […]

The Securities and Exchange Commission (SEC) charged Stephen B. Blankenship, of New Fairfield, Connecticut, and Deer Hill Financial Group, LLC, a Connecticut limited liability company under Blankenship’s control, with a scheme to defraud investors. The SEC’s Complaint alleges that, from at least 2002 through November 2011, Blankenship misappropriated at least $600,000 from at least 12 […]