Waddell Reed Clients Indicate Broker Donald Logan Caused Their Losses Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) reports alarming information in regard to securities broker Donald Logan [CRD#: 5537486, Silverdale, Washington]. Supposedly, at least 5 clients raised serious concerns about the securities broker, who worked for Waddell Reed between 2015 and 2018. Also, the […]

FINRA Suspends Paulson Broker MICHAEL NIXON The Financial Industry Regulatory Authority (“FINRA”) announced August 16, 2019 that it issued a $5,000 fine and 15-day suspension to Paulson Investment Company (“Paulson”) securities broker Michael Nixon (CRD#: 2169631, Tampa, Florida). Evidently, the securities broker, who started working for Paulson beginning in December 2015, executed a Letter of […]

Losses from Rick Konecny? The Financial Industry Regulatory Authority (“FINRA”) reports troubling disclosures from securities broker Rick Konecny (CRD#: 1727785, Chicago, Illinois). Evidently, the securities broker, who recently worked for J.P. Morgan Securities LLC (July 2013 to April 2016), discloses three regulatory sanctions, including a permanent bar from the securities industry by FINRA, along with […]

MATTHEW ALBERS Suspended By FINRA The Financial Industry Regulatory Authority (“FINRA”) disclosed August 1, 2019 that it issued a suspension and $5,000 fine to Paulson Investment Company securities broker Matthew Albers (CRD#: 2917814, Vienna, Virginia) for discretionary trading. Evidently, Albers submitted a Letter of Acceptance, Waiver, and Consent (“AWC”) #: 2018056269001 on July 17, 2019. […]

ATTENTION INVESTORS: FINRA Fines, Suspends Morgan Stanley Broker FRANK VENABLE The Financial Industry Regulatory Authority (FINRA) announced January 3, 2019 that Morgan Stanley general securities representative Frank Venable (CRD#: 1461515, Knoxville, Tennessee) will be suspended and must pay a $5,000 fine for trading without permission in accounts of Morgan Stanley clients. Specifically, in a Letter […]

FINRA Sanctions Sigma Financial Broker GREGORY RUSNAK The Financial Industry Regulatory Authority issued a suspension and $5,000 fine to Sigma Financial Corporation securities representative Gregory Rusnak (CRD#: 1505212, St. Charles, Illinois) for unauthorized trading. Specifically, Rusnak submitted a Letter of Acceptance, Waiver and Consent (“AWC”) #2017055797701 on November 14, 2018 which FINRA accepted January 9, […]

INVESTOR ALERT: Unsuitability Claims Against UBS Broker WILLIAM HOBBY William David Hobby (CRD#: 2240076, Atlanta, Georgia) was a UBS Financial Services Inc. general securities broker and financial advisor from June 15, 2012 to October 9, 2018. Evidently, UBS recently discharged Hobby for discretionary trading in client accounts without their written authorization. Worse yet, according to […]

FINRA Fines, Suspends UBS Financial Broker SCOTT MINTZ For Discretionary Trading The Financial Industry Regulatory Authority (“FINRA”) just issued UBS Financial Services Inc. broker Scott Blake Mintz (CRD#: 4783179, Hartford, Connecticut) a suspension and required Mintz to pay a $5,000.00 fine for alleging making discretionary trades in the accounts of UBS Financial Services investors. FINRA […]

UBS Discloses Misconduct Allegations Against Brokers Julian Gingold, Robert Shultz, Gayle Dilla UBS Financial Services (CRD#: 8174, Weehawken, New Jersey), which is FINRA registered brokerage firm and SEC registered investment adviser firm, has disclosed through FINRA BrokerCheck that several of its own employees allegedly engaged in misconduct harming UBS Financial Services customers. For example, take […]