The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.” Jordan Alan Linn (CRD #2664439, Registered Representative, Hallandale, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was fined $2,500 and suspended from association with any FINRA member in any capacity for 30 days. The fine must be paid […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”   Andrew James Aragona (CRD #1320844, Registered Representative, Deerfield Beach, Florida)   was named as a respondent in a FINRA complaint alleging that he recommended variable annuity switches to an elderly customer who had a moderate risk tolerance and a primary investment objective […]

In a February 17th., 2012, article for InvestmentNews.com, Bruce Kelly writes that a broker formally affiliated with Morgan Stanley Smith Barney LLC, Berthel Fisher & Co. Financial Services Inc. and LPL Financial LLC was arrested in Oregon this month for allegedly stealing $584,000 from three investors. The now ex-broker, James Scott McKee, was charged Feb. 9 […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”   Tyge Thomas Tuccillo (CRD #3075541, Registered Representative, Venice, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Tuccillo consented to the […]

In a February 14th., 2012, article in InvestmentNews.com, Bruce Kelly writes that LPL Financial, LLC, is on the hook for a $1.4 million arbitration awarded to an elderly couple who bought real estate deals. According to the attorney for the plaintiffs, the property investments relied on “tricks” to boost their yields before they collapsed. Heinrich […]

The following appeared on FINRA's website's 'Disciplinary Actions, November, 2011: Tom Douglas Hamsher (CRD #1708793, Registered Supervisor, Webb City, Missouri) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Hamsher consented to the described sanction and […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”   Joseph James Sciarra Jr. (CRD #1576322, Registered Principal, Wellington, Florida)   was barred from association with any FINRA member in any capacity and ordered to pay $393,935, plus interest, in restitution to a customer’s estate. The sanctions were based on findings that […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”   Marcela Zamora Erana (CRD #4450935, Registered Principal, Key Biscayne, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which she was fined $5,000 and suspended from association with any FINRA member in any capacity for one month.   Without admitting […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”   Jan D. Narrine (CRD #5738183, Associated Person, Winter Garden, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity.   Without admitting or denying the findings, Narrine consented […]