Fort Lauderdale-based Soreide Law Group, (888) 760-6552, recently obtained the following summary of information located on FINRA’s website, under “Disciplinary and Other FINRA Actions, August, 2014.” 79 Capital Securities, LLC (CRD #145511, Orlando, Florida) and Michael Maurice Ward (CRD #2853262, Orlando, Florida) 79 Capital Securities was censured and fined $25,000, jointly with Michael M. Ward […]

Polar Investment Counsel, Inc. (CRD #42847, Thief River Falls, Minnesota) was censured and fined $12,500, because the Written Supervisory Procedures (WSPs) of Polar Investment Counsel Inc., prohibited their registered representatives from recommending low-priced securities, such as penny stocks, to its customers. FINRA found that because penny-stock transactions at Polar Investment Counsel were unsolicited, it did […]

Soreide Law Group, a Securities Arbitration Law Firm, (888) 760-6552, obtained the following information on FINRA’s website under “Disciplinary and Other FINRA Actions, June, 2013.” Philip Pursino (CRD #3212554, Registered Representative, West Hempstead, New York) was fined $5,000 and suspended from association with any FINRA member in any capacity for two months. Without admitting or […]