Investors who were sold private credit funds by FINRA-registered broker-dealers may have sustained significant losses as redemption restrictions, declining net asset values (NAV), and liquidity problems continue to surface across several major products. Broker-dealers including LPL Financial, Ameriprise Financial, Osaic, and Cetera Financial Group have been among the distribution channels for these products. These funds […]

FINRA barred securities broker Michael Patrick Raineri [CRD: 4817558, Seattle, Washington], and an investor complained about him, according to public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Raineri worked for Securities America Inc. from November 6, 2020, to April 18, 2023. Read on to find out more about the disclosures involving Raineri. FINRA […]

FINRA barred securities broker Robert Joseph Ornelas [CRD: 5973762, Los Angeles, California], based on disclosures on BrokerCheck. Robert Ornelas worked for Northwestern Mutual Investment Services LLC from July 31, 2012, to February 6, 2023. Read on to find out more the regulatory disclosure involving this broker and what it could mean for investors. FINRA Sanctioned […]

FINRA barred securities broker Joseph Adam Eisler [CRD: 2503507, Blue Bell, Pennsylvania] and investors complained about him, according to publicly available disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Eisler worked for LPL Financial LLC from December 19, 2022, to March 27, 2025, and worked for Morgan Stanley between June 1, 2009, and December […]

FINRA fined securities broker James Craig Etter [CRD: 5576744, Austin, Texas], according to disclosures on FINRA BrokerCheck. It appears that Etter worked for NatAlliance Securities LLC from January 6, 2012, to April 27, 2023. Keep reading to learn more about Etter’s disclosures. FINRA Sanctioned Etter For Undisclosed Private Securities Transactions And Outside Business Activities Evidently, […]

Investors reportedly may have incurred losses due to securities broker Sanford Graham Simmons (also known as Sandy Simmons) [CRD: 1018907, Castle Rock, Colorado], according to disclosures on FINRA BrokerCheck. According to the regulator, Sanford Simmons worked for Saxony Securities Inc. from January 3, 2023, to October 2, 2024. Previously, he was employed at Patrick Capital […]

FINRA BrokerCheck barred securities broker Roy Kevin Williams [CRD: 843607, Indianapolis, Indiana], according to disclosures on BrokerCheck. According to the regulator, Williams worked for Stifel Nicolaus Company Inc. from June 17, 2009, to May 16, 2023. Here’s more about the securities broker’s disclosures. FINRA Sanctioned Williams For Failing To Testify Specifically, on September 5, 2024, […]

Investors potentially experienced losses due to securities broker Mark Gilbert Beesley [CRD: 5362689, Boston, Massachusetts], according to disclosures on FINRA BrokerCheck. Beesley was employed by Wood (Arthur W.) Company Inc. from August 24, 2021, to April 17, 2023, and previously worked for LPL Financial LLC from March 11, 2019, to November 4, 2020. Keep reading […]

FINRA sanctioned securities broker Kittiany Davis Barrios (also known as Kittiany Davis-Barrios) [CRD: 6941840, Cranbury, New Jersey], according to disclosures on FINRA BrokerCheck. According to the regulator, Davis Barrios worked for PFS Investments Inc. from March 15, 2019, to February 22, 2024. Read on to learn more about the disclosures concerning Davis Barrios. FINRA Sanctioned […]