Stuart Anthony Cahill (CRD #2556996, Dallas, Pennsylvania) was assessed a deferred fine of $10,000 and suspended by FINRA member in any capacity for one year for allegedly borrowing a total of $65,000 from two clients of his firm, contrary to the firm’s WSPs prohibiting borrowing money from customers. FINRA's findings stated that Cahill failed to […]

The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, February, 2013.” Richard Alan Seligson (CRD #3169733, Registered Representative, Boca Raton, Florida) was fined $10,000, suspended from association with any FINRA member in any capacity for one year and ordered to pay $41,100, plus interest, in restitution to customers. This fine and […]