FINRA Sanctions Paul Vavrinchik

The Financial Industry Regulatory Authority (FINRA) reports important information about securities broker Paul Vavrinchik [CRD#: 5505145, Deerfield, IL]. However, Vavrinchik denies the allegations. Read on to learn more about the allegations against Vavrinchik.

FINRA Sanctions U.S. Bancorp Investments Securities Broker For Failure To Provide Information

Evidently, on May 31, 2022, FINRA issued Case #: 2021073523801 sanctioning Paul Vavrinchik for infractions. Specifically, FINRA barred the securities broker. Notably, FINRA alleged that Vavrinchik failed to provide information and documents to FINRA when it investigated possible violations of FINRA rules.

Supposedly, on November 30, 2022, U.S. Bancorp. filed a Uniform Termination Notice for Securities Regulation (Form U5) with FINRA terminating Vavrinchik’s association with the firm. The Form U5 indicated that Vavrinchik had resigned voluntarily after the firm had reviewed a client-signed document for potential alteration. It was noted in the Form U5 that the result of the review was incomplete, however. FINRA then began an investigation into Vavrinchik based on the allegations in the Form U5. FINRA sent a request to Vavrinchik on April 26, 2022, for information. Vavrinchik was required to respond by May 9, 2022, but was granted an extension to May 18, 2022. However, on May 18, 2022, through his attorney, Vavrinchik indicated that he had received FINRA’s request but would not produce the information at any time. Vavrinchik violated FINRA Rules 2010 and 8210 as a result.

Recent Employer Information

Paul Vavrinchik worked for U.S. Bancorp Investments in Deerfield, IL, as a securities broker from May 15, 2009 to November 30, 2021.

Did U.S. Bancorp Investments Securities Broker Paul Vavrinchik Cause You To Experience Damages?

Have you sustained damages because of securities broker Paul Vavrinchik? 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. Notably, Soreide Law Group has effectively recovered money for investors in all 50 states. The firm represents clients on a contingency fee basis and advances all costs. Vavrinchik and brokerage firms Vavrinchik was employed by deny any and all allegations of sales practice violations.