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.
FINRA barred securities broker Glenn Ngo [CRD: 7200876, San Diego, California], according to public information on FINRA BrokerCheck. Notably, Ngo worked for Park Avenue Securities LLC from March 22, 2023 to March 4, 2025, and Northwestern Mutual Investment Services LLC from February 11, 2022 to March 21, 2023. Read on to learn more about the disclosures connected to Glenn Ngo’s departure from the securities industry.
Specifically, on March 4, 2025, FINRA issued Case: 2024081737401 sanctioning Glenn Ngo. Specifically, Ngo was barred from associating with any FINRA member in all capacities. Particularly, FINRA alleged that Ngo refused to provide information and documents during an investigation into whether he had sold securities away from his firm.
According to FINRA, Ngo worked for Park Avenue Securities at the time of the alleged misconduct. In December 2024, FINRA launched an investigation following an investor complaint. Supposedly, Ngo steered the client toward a private investment away of his firm's auspices.
Evidently, FINRA requested documents and bank records to verify the activity. Ngo received the request but stated on a January 29, 2025, call that he would not provide the documents. His refusal to comply with FINRA Rule 8210 violated industry rules, leading to the bar through a signed Acceptance, Waiver, and Consent (AWC) agreement. For this reason, Park Avenue Securities terminated Ngo on March 6, 2025, after learning of the bar.
Do you have concerns or questions regarding investments involving Glenn Ngo? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer. For years, Soreide Law Group has recouped losses for investors throughout the USA. Also, the firm takes investor cases on a contingency fee basis and advances the costs. Ngo and brokerage firms Ngo worked for deny allegations of sales practice violations.
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.
Cowen and Company, LLC (CRD 7616), now part of TD Securities (USA) LLC, is a brokerage firm based in New York, New York. FINRA censured and fined the firm a total of $80,000, of which $40,000 is payable to FINRA, according to an AWC issued August 19, 2026.
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