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.
One or more investors apparently complained about securities broker Mark Raymond Reynolds [CRD: 1639111, Chicago, Illinois], according to disclosures through FINRA’s BrokerCheck. Evidently, Mark Reynolds has been registered with Oppenheimer Co. Inc. since August 31, 2005, working from its Chicago, Illinois, and Barrington, Illinois offices. Below, you can learn more about the disclosures involving Reynolds.
Particularly, on March 11, 2025, an Oppenheimer Co. Inc. client filed a complaint about Mark Reynolds. The client alleged that Reynolds made unsuitable transactions in the accounts and made misrepresentations of material fact. Because of this, the client allegedly sustained damages on municipal bonds and options from 2022 to 2024. Therefore, the client requested $865,072.00 in compensation from Oppenheimer Co. Inc. or Reynolds.
Specifically, a client of Oppenheimer Co. Inc. contested Mark Reynolds’ sales practices by filing FINRA Arbitration No. 11-04689. Allegedly, Reynolds made misrepresentations of material fact regarding the sale of auction rate securities. It appears that Reynolds caused the client to sustain damages on auction rate securities. Therefore, Oppenheimer Co. Inc. opted to settle the matter on September 27, 2012, by compensating the client in the amount of $1,300,000.00.
Allegations of misrepresentation by a financial advisor typically mean the broker provided false or misleading information, or failed to disclose crucial details about an investment—such as the risks, fees, or performance history. In the context of bonds and options, this can involve omitting key information about liquidity, risk level, or how the investment actually works. Misrepresentation can lead to significant financial losses, especially when the client relies on inaccurate or incomplete advice to make investment decisions.
Do you have concerns or questions regarding investments you made with Mark Reynolds? If so, get in touch with Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer concerning a possible recovery of your investment losses. Soreide Law Group is experienced with recovering losses for clients located throughout the country, represents clients through a contingency fee basis, and advances all costs. Reynolds and any securities broker dealers / investment advisories Reynolds worked for deny accusations 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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