The following information appeared on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2013.”
FINRA issued the following complaint. Issuance of a disciplinary complaint represents FINRA’s initiation of a formal proceeding in which findings as to the allegations in the complaint have not been made, and does not represent a decision as to any of the allegations contained in the complaint. Because these complaints are unadjudicated, you may wish to contact the respondents before drawing any conclusions regarding the allegations in the complaint.
Paul David Arnold (CRD #2278472, Registered Principal, Clearwater, Florida)
was named a respondent in a FINRA complaint alleging that he misappropriated and misused funds totaling $173,600 from an elderly customer, by having the customer sign blank checks that Arnold later made payable to his wife or son without the customer’s authorization. The customer thought the blank checks that Arnold had him sign were being used to pay the customer’s bills; many of them were not. The complaint alleges that Arnold failed to appear and provide testimony in connection with a FINRA investigation.
(FINRA Case #2011029210401)
As listed on FINRA's BrokerCheck Paul Arnold was previously registered with FINRA at the following brokerage firms:
RAYMOND JAMES & ASSOCIATES, INC.
CRD# 705
LARGO, FL
09/1995 - 09/2011
SMITH BARNEY INC.
CRD# 7059
NEW YORK, NY
10/1992 - 10/1995
This ends the information obtained from FINRA's website.
Soreide Law Group, PLLC, represents clients nationwide before FINRA. Call 888-760-6552 for a free consultation with an attorney on how to potentially recover your financial losses.
Contact Soreide Law Group for a Free Review of Your Potential Investment Loss Claim If your financial advisor recommended Creative Media & Community Trust (NASDAQ: CMCT) and you suffered substantial losses, you may have legal rights. A CMCT investment loss attorney can help you understand your options and pursue recovery. Many investors purchased CMCT believing […]
Soreide Law Group is investigating potential investor claims involving Cambridge Investment Research following a FINRA disciplinary action concerning Unit Investment Trust (UIT) recommendations. In April 2026, FINRA censured Cambridge Investment Research after finding supervisory deficiencies involving certain UIT recommendations made to retail clients. Investors who incurred excessive fees, unnecessary costs, or other damages associated with […]
Soreide Law Group is investigating potential investor claims involving Infinity Financial Services after FINRA sanctioned the firm for supervisory failures involving deferred variable annuity exchanges and recommendations. Investors who incurred surrender charges or other losses in connection with variable annuity transactions recommended through Infinity should review the allegations that led to FINRA's disciplinary action against […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com