The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, February, 2013.” Enver Rahman Alijaj (CRD #4943780, Registered Representative, New York, New York) was fined $7,500 and suspended from association with any FINRA member in any capacity for two months. Without admitting or denying FINRA's findings, Alijaj consented to the described sanctions […]

JHS Capital Advisors Inc. and a former broker, Enver R. Alijaj, were fined $1.9 million in a Finra arbitration last week stemming from allegations that the broker traded in a client's account excessively to generate commissions. The broker was also forced to pay $500,000 to settle a previous charge of churning. Churning is illegal and unethical. On the […]