MICHAEL SPOLAR Dealt FINRA Suspension The Financial Industry Regulatory Authority (“FINRA”) issued a 15-month suspension to International Assets Advisory LLC (“IAA”) securities broker Michael Spolar (CRD#: 2192992, Orlando, Florida). Evidently, Spolar executed a Letter of Acceptance, Waiver and Consent (“AWC”) on July 16, 2019, which FINRA accepted ten days later. Notably, Spolar’s suspension, effective August […]

Soreide Law Group obtained the following information on FINRA’s website under, “Disciplinary and Other FINRA Actions, January 2018.”  Robert Francis Leis (CRD #2396271, Louisville, Kentucky)  was assessed a deferred fine of $5,000 and suspended by FINRA for 20 business days for allegedly effecting securities transactions in the accounts of clients on a discretionary basis without […]

Soreide Law Group obtained the following information from FINRA’s July, 2017 Disciplinary Report:  Laurence M. Rothstein (CRD #4591152, Cumming, Georgia) was fined $10,000 and suspended by FINRA for two months for allegedly causing his member firm’s books and records to be inaccurate by entering false savings goals for his clients into a firm-created database that […]