Recently, InvestmentNews.com did an analysis of eight of the largest nontraded real estate investment trusts (REITs). They found that these REITs have lost $11.3 billion, or 37% of their equity value, over the past seven years. On August 14th., CNL Lifestyle Properties Inc., which initially raised $2.7 billion at $10 a share, became the latest […]

Harold James Swart Jr. (CRD #2912854, Registered Representative, Kissimmee, Florida) was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Swart consented to the described sanction and to the entry of findings that he willfully filed inaccurate Form U4s and failed to make other material disclosures on his […]

Valerie Helen Silverstein (CRD #1413711, Registered Representative, Coconut Creek, Florida) was barred from association with any FINRA member in any capacity. Without admitting or denying FINRA's findings, Silverstein consented to the described sanction and to the entry of findings that she had a pre-existing relationship with an individual when he became a customer of her […]

Alejandro C. Rotundo (CRD #4627887, Registered Representative, Miami, Florida) was fined $5,000 and suspended from association with any FINRA member in any capacity for 30 business days. Without admitting or denying FINRA's findings, Rotundo consented to the described sanctions and to the entry of findings that he executed option trades in a customer’s account without […]

William Thomas Johnson Jr. (CRD #1189117, Registered Representative, North Palm Beach, Florida) was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Johnson consented to the described sanction and to the entry of findings that he received approximately $47,000 from a customer after Johnson made the representation, which […]

Marcelo Ivan Jacir (CRD #4860487, Registered Representative, Weston, Florida) was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Jacir consented to the described sanction and to the entry of findings that he directed two individuals, one of whom was a customer of his member firm, to deposit […]

Christopher Andrew Carra (CRD #2214509, Registered Representative, Deerfield Beach,Florida) was fined $20,000 and suspended from association with any FINRA member in any capacity for one year. Without admitting or denying FINRA's findings, Carra consented to the described sanctions and to the entry of findings that he attempted to procure investment banking and consulting business from […]

Myrron Marcos Martinez (CRD #4369254, Registered Representative, Sarasota, Florida) was fined $5,000 and suspended from association with any FINRA member in any capacity for four months. Without admitting or denying the findings, Martinez consented to the described sanctions and to the entry of findings that he participated in an outside business activity without providing his […]

Stanley Neil Crooms (CRD #852539, Registered Representative, St. Petersburg, Florida) was barred from association with any FINRA member in any capacity. Crooms consented to the described sanction and to the entry of findings that he failed to provide all of the information FINRA requested as part of an investigation into the allegations that he had […]