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.
LPL terminated the registration of securities broker Rudy Anguiano [CRD: 5188950, Red Bank, New Jersey], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Anguiano worked for LPL Financial LLC in Brea, California, from April 4, 2022, to December 18, 2025, before becoming registered with Alexander Capital LP and Alexander Capital Wealth Management LLC in January 2026. Investors should continue reading to find out more about disclosures involving Anguiano and alleged outside business activities.
Specifically, on November 21, 2025 LPL Financial LLC disaffiliated with Anguiano. Mainly, LPL Financial LLC alleged that Anguiano engaged in outside business activity without prior notice or approval from the firm. The firm also alleged that Anguiano participated in, and directed clients toward, private investments.
Outside business activity allegations generally concern claims that a securities broker or financial advisor participated in business activities away from the brokerage firm without disclosure or authorization. Private securities transaction allegations generally involve claims that a broker recommended or facilitated investments outside the firm’s supervision. Brokerage firms often require review and approval of these activities to help supervise brokers and reduce risks for investors. Investors should carefully review disclosures involving private investments before investing based on a financial advisor or securities broker’s recommendation.
Are you concerned about investments you made through Rudy Anguiano? You can contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney about a potential recovery of your investment losses. Soreide Law Group has recovered losses for individuals throughout the country. Also, our securities lawyers work on a contingency fee basis and advance all costs. Anguiano and brokerage firms Anguiano 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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