Thomas Jacobs (CRD 4139430) is a Bay City, Michigan broker. FINRA suspended him from association with any member firm in all capacities for two months and assessed a deferred fine of $2,500, according to an AWC issued August 3, 2026.
Investors potentially incurred losses because of securities broker Chad Anthony Schneider [CRD: 5479256, Greenwood Village, Colorado], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Schneider worked for Strong Capital Markets LLC from January 15, 2024, through July 6, 2026. Investors are encouraged to continue reading to find out more about the disclosures involving Schneider and the allegations reported on FINRA BrokerCheck.
Evidently, on May 30, 2026, Strong Capital Markets LLC permitted Chad Schneider to resign. Notably, the firm alleged that Schneider sought to engage in private securities transactions without the firm's prior approval, attempted to bypass the firm's supervisory procedures, allegedly misled an individual regarding the availability of investment capital, communicated directly with a prospective client in an effort to obtain compensation outside the firm's registration requirements, and allegedly violated FINRA Rules 3110, 3120, 2010, and 2040. The firm also indicated that it was unclear at the time whether Schneider had received any client or investment funds.
Additionally, a client of Strong Capital Markets LLC contested Chad Schneider's sales practices, according to a written complaint received in 2026. Allegedly, Schneider engaged in unauthorized activities by representing that he could help raise capital for a business venture, providing communications concerning an anticipated closing, and leading the client to believe financing would become available through a private debt raise. It appears that Schneider allegedly caused the client to sustain damages involving private notes. As a result, the client sought compensation from Strong Capital Markets or Schneider in the amount of $750,000.
Do you need guidance on any investment losses relating to Chad Schneider? Get in touch with Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the country. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Schneider and brokerage firms Schneider worked for deny accusations of sales practice violations.
Thomas Jacobs (CRD 4139430) is a Bay City, Michigan broker. FINRA suspended him from association with any member firm in all capacities for two months and assessed a deferred fine of $2,500, according to an AWC issued August 3, 2026.
Mark Sullivan (CRD 2531982) is a Bethlehem, Pennsylvania broker. FINRA suspended him from association with any member firm in all capacities for three months and assessed a deferred fine of $10,000, according to an AWC issued August 6, 2026.
Moors & Cabot, Inc. (CRD 594) is a brokerage firm based in Boston, Massachusetts. FINRA censured and fined the firm $125,000 after finding it failed to develop and implement an anti-money laundering compliance program reasonably expected to detect and report suspicious transactions, according to an AWC issued August 24, 2026.
Phone:
Fax: 1-954-760-6553
Email: [email protected]