Dalas Lee Gundersen (CRD #3107187, Arbuckle, California) was assessed a deferred fine of $5,000, suspended by FINRA for 10 business days and ordered to pay $2,837, plus interest, in disgorgement of commissions received for allegedly making unsuitable recommendation to clients, in light of their financial condition and the excessively concentrated nature of the investment, by […]

Essex Securities LLC (CRD #46605, Topsfield, Massachusetts) was censured, fined $20,000, ordered to pay $6,009.70, plus interest, in restitution to clients and required to review its supervisory systems and WSPs regarding the sale of mutual funds for compliance with FINRA rules and the federal securities laws and regulations. FINRA imposed a lower fine in this […]