FINRA Sanctions Jonathan Rich

Soreide Law Group is investigating possible investor claims against securities broker Jonathan Rich AKA Jonathan Craig Rich [CRD#: 2271478, New York, NY]. Notably, FINRA sanctioned the securities broker, who worked for National Securities Corp. Allegedly, Rich failed to testify when FINRA investigated the stockbroker for possible violations of FINRA rules. Here is a brief summary FINRA’s allegations against Rich.

FINRA Sanctions National Securities Corp. Securities Broker Jonathan Rich For Failure To Testify

Evidently, on June 22, 2022, FINRA issued Case #: 2019061652403 sanctioning Jonathan Rich for infractions. Specifically, FINRA barred the securities broker. Notably, FINRA alleged that Rich failed to testify when FINRA investigated the stockbroker for possible violations of FINRA rules.

Supposedly, on May 6, 2022, National Securities Corporation filed a Form U5 with FINRA indicating that Rich's affiliation with the firm had been terminated. Specifically, National indicated that Rich had been permitted to resign based on allegations of violation of Regulation M. FINRA began an investigation into Rich as a result of a 2018 cycle examination of Rich. In connection with their investigation, FINRA sent Rich a request to Rich on May 26, 2022, for on-the-record testimony. The request for on-the-record testimony concerned Rich's role in the solicitation of aftermarket orders during restricted periods and his supervision of National's representatives. Through his counsel, on June 2, 2022, Rich indicated that he had received FINRA's request but would not appear for on-the-record testimony. As a result, Rich violated FINRA Rules 2010 and 8210.

Suppes Securities Terminates Securities Broker For Private Securities Transactions

Also, Suppes Securities disaffiliated with Rich. Allegedly, Rich engaged in private securities transactions.

National Securities Corp. Terminates Securities Broker Jonathan Rich

Evidently, National Securities Corp. disaffiliated with Rich. Namely, National Securities Corp. alleged that Rich violated Regulation M.

Rich Discloses Unauthorized Transactions Allegations By First Colonial Securities Group Client

Also, on August 18, 1999, a First Colonial Securities Group client filed a complaint about Jonathan Rich. Notably, the client alleged that Rich made unauthorized transactions. Because of this, the client sustained damages on over-the-counter equities. Therefore, the client requested $8,700 in compensation from First Colonial Securities Group or Rich. Evidently, this complaint is pending a resolution.

Recent Employer Information

Jonathan Rich worked for B. Riley Securities in New York, NY, as a securities broker from May 17, 2021 to May 6, 2022. 

Damages Resulting From National Securities Corp. Securities Broker Jonathan Rich?

Have you suffered damages because of securities broker Jonathan Rich? If so, get in touch with Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Rich and brokerage firms Rich was employed by deny any and all allegations of sales practice violations.