BB&T Securities, LLC (CRD #142785, Richmond, Virginia) was censured, fined $20,000 and ordered to pay $7,243.62, plus interest, in restitution to their clients for alleged excessive mark-ups on corporate bond transactions, excessive mark-down on a corporate bond transaction, and excessive mark-up on a municipal bond transaction. FINRA's findings said the mark-ups and mark-down were not […]

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Timothy Johnson II (CRD #4634056, Florissant, Missouri) was barred by FINRA for allegedly attempting to convert funds from his member firm for personal use and benefit by submitting false expense reports seeking reimbursement for personal, non-business related expenses. FINRA's findings stated that Johnson's firm discovered the false expense reports and refused to pay the personal […]

Nathan Andrew Harmon (CRD #4988618, San Antonio, Texas) was assessed a deferred fine of $10,000 and suspended by FINRA for nine months for allegedly engaging in an unapproved outside business activity by selling an equity-indexed annuity not approved for sale by his member firm to a client, and receiving compensation as a result. FINRA's findings […]

The Ft. Lauderdale, Florida-based Soreide Law Group, obtained the following summation of information from FINRA's Website under "Disciplinary and Other Actions, December 2014." Derek Brice Radzikowski (CRD #2707808, Highland Beach, Florida) was assessed a deferred fine of $18,000 and suspended by FINRA for two years for allegedly engaging in outside business activities where he conducted […]

Eric William Johnson (CRD #2142522, Hinsdale, New York) was barred by FINRA for the alleged misappropriation of more than $1 million from at least six firm customers’ brokerage accounts at his member firm. Eric Johnson was register in the securities industry for 23 years. FINRA's findings stated that Johnson made wire transfers of funds from […]

Robert John Head (CRD #240935, Omaha, Nebraska) was barred by FINRA for allegedly exercising discretion in the account of an elderly client diagnosed with dementia without obtaining the customer’s prior written consent to do so. Robert Head was in the securities industry for 45 years. FINRA's findings stated that Head recommended transactions that were qualitatively […]

Florida-based Soreide Law Group, has obtained the following summation of information from FINRA's Website under "Disciplinary and Other Actions, December 2014." Anthony Arthur Grey (CRD #709788, Winter Park, Florida) was fined $30,000, suspended by FINRA for 18 months and is required to disgorge $15,750, plus pre-judgment interest, to FINRA. The National Adjudicatory Council (NAC) affirmed […]

Ricky Eugene Bell (CRD #2065556, Fayetteville, North Carolina) was barred by FINRA and ordered to pay a total of $19,650, plus interest, in restitution to clients. Allegedly, Bell engaged in private securities transactions through a lending program without providing notice to, or receiving approval from, his member firm. FINRA's findings stated that Bell solicited and […]