The following information appeared on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2013.”
Michael Corbett Milne (CRD #1842992, Registered Principal, Ocala, Florida)
was fined $5,000 and suspended from association with any FINRA member in any capacity for 15 business days. Without admitting or denying the findings, Milne consented to the described sanctions and to the entry of findings that he exercised discretion in the customers’ accounts by selling out positions that they held in a stock. Milne had previously discussed, with his customers who held shares, the strategy of selling this stock if a target price was reached or a downturn seemed likely, and generally obtained approval of this approach. However, Milne did not obtain the customers’ written authorization or his member firm’s approval to exercise discretion, and in most cases he did not contact customers before selling the stock.
The suspension was in effect from May 20, 2013, through June 10, 2013.
(FINRA Case #2011026262301)
According to FINRA's BrokerCheck, Michael Milne is currently employed by and registered with the following FINRA Firm:
KOVACK SECURITIES INC.
1396 NE 20TH AVENUE
SUITE 600
OCALA, FL 34470
CRD# 44848
Registered with this firm since: 11/10/2011
This broker was previously registered with FINRA at the following brokerage firms:
BROKERSXPRESS LLC
CRD# 127081
OCALA, FL
02/2011 - 11/2011
RAYMOND JAMES FINANCIAL SERVICES, INC.
CRD# 6694
OCALA, FL
12/2006 - 01/2011
RAYMOND JAMES & ASSOCIATES, INC.
CRD# 705
GAINESVILLE, FL
09/2004 - 12/2006
This ends the information obtained on 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.
ADAM EDWARD BRUNIN (ADAM E BRUNIN, ADAM BRUNIN) is currently registered as an investment advisor with Navigation Wealth Management of Ft. Collins, Colorado since 4/5/2016. ADAM E BRUNIN was previously registered as a broker with Sigma Financial Corporation of Ft. Collins, Colorado from 11/08/2005 - 02/22/2016, and as an investment advisor with SPC of Ft. […]
Investors reportedly may have incurred losses because of securities broker Daniel Reid Horowitz [CRD: 2681741, New York, New York], according to disclosures on FINRA BrokerCheck. According to the regulator, Horowitz has worked for Wells Fargo Clearing Services LLC and Wells Fargo Advisors since April 1, 2016. Read on to learn more about the disclosures concerning […]
Investors potentially experienced losses due to securities broker Craig Sherman Thistlethwaite [CRD: 2507050, Perrysburg, Ohio], according to disclosures on FINRA BrokerCheck. According to the regulator, Thistlethwaite worked for Morgan Stanley from June 1, 2009, to February 16, 2023. Here’s more about the securities broker’s disclosures. Ohio Division of Securities Charged Thistlethwaite With Violations Particularly, on […]
Phone:
Fax: 1-954-760-6553
Email: [email protected]