Constance Marie Larsen (CRD #1171750, Centreville, Virginia) was assessed a deferred fine of $20,000 and suspended by FINRA for two years for allegedly borrowing $16,900 from an elderly client without notifying or receiving pre-approval from her member firm. FINRA's findings stated that Larsen knew the firm’s written procedures prohibited the loans and she took steps […]

Soreide Law Group, (888) 760-6552, has obtained the following information on FINRA’s website under “Disciplinary and Other FINRA Actions, July, 2013.” Richard Allen Barnett (CRD #2347495, Registered Representative, Grand Blanc, Michigan) was fined $15,000 and suspended from association with any FINRA member in any capacity for one year and three months. Without admitting or denying […]

The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, March, 2013.” Jim Eugene Scala Jr. (CRD #2493873, Registered Representative, Palm Harbor, Florida) was fined $5,000 and suspended from association with any FINRA member in any capacity for 15 business days. FINRA gave Scala credit for serving a suspension imposed by his […]

David Marasek (CRD #2866848, Registered Representative, Boca Raton, Florida) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 10 business days. Without admitting or denying the findings, Marasek consented to the described sanctions and to the entry of […]

David Louis Bocchino (CRD #3168609, Registered Representative, Bradenton, Florida) was fined $7,500, which includes disgorgement of $2,850 in commissions, and suspended from association with any FINRA member in any capacity for three months. Without admitting or denying the findings, Bocchino consented to the described sanctions and to the entry of findings that he became licensed […]