FRANK KELLY Suspended For Unauthorized Trading The Financial Industry Regulatory Authority (“FINRA”) announced it has issued HD Vest Investment Services securities broker Frank Kelly (CRD#: 2028226, New Cumberland, Pennsylvania) a three month suspension and fine of $5,000. Mainly, FINRA found Kelly violated FINRA Rules on unauthorized trading and trading with discretion. The sanctions became effective […]

WILLIAM KIELCZEWSKI Charged In FINRA Complaint On May 21, 2019, the Financial Industry Regulatory Authority (“FINRA”) Department of Enforcement brought a Complaint (Disciplinary Proceeding #: 2017054405401) against The Huntington Investment Company securities broker William Kielczewski (CRD#: 4034356, Toledo, Ohio). Notably, FINRA’s Department of Enforcement alleged Kielczewski violated FINRA Rules because he participated in private securities […]

MICHAEL BASTARDI Barred By FINRA (INVESTOR ALERT!) The Financial Industry Regulatory Authority (“FINRA”) announced that it barred Securities America, Inc. securities broker Michael Bastardi (CRD#: 6015424, Warwick, NY). Evidently, in a Letter of Acceptance, Waiver, and Consent (“AWC”) #: 2018059770401 which Bastardi submitted on May 10, 2019, and FINRA accepted on May 24, 2019, Bastardi […]

LAWRENCE FAWCETT Barred From Securities Industry The Financial Industry Regulatory Authority (“FINRA”) barred WestPark Capital Inc. securities broker Lawrence Fawcett (CRD#: 5851474, Los Angeles, California). Evidently, Fawcett executed a Letter of Acceptance, Waiver, and Consent (“AWC”) #: 2017056329801 on March 13, 2018, which FINRA accepted March 26, 2018. FINRA determined that Fawcett violated FINRA Rules […]

FINRA Bars NICHOLAS MADDOX of Laguna Niguel California The Financial Industry Regulatory Authority (“FINRA”) barred TCFG Wealth Management securities broker Nicholas Maddox (CRD#: 4732456, Laguna Niguel, California). Evidently, Maddox was either unresponsive to FINRA’s requests or did not comply with FINRA in its investigation. Here’s what we know so far: TCFG Wealth Management Terminates Nicholas […]

EDWARD MATTHES Cause You Investment Losses? Soreide Law Group is evaluating possible claims of misappropriation and other sales practice violations against Edward Matthes (CRD#: 2788055, Oconomowoc, Wisconsin). Namely, Matthes reports a shocking fifteen client disputes on FINRA BrokerCheck. Apparently, clients allegations suggest  Matthes misappropriated their investment funds and falsified account statements. Here is a summary […]

INVESTOR ALERT: FINRA Suspends, Fines MICHAEL TANHA Soreide Law Group is investigating possible claims on behalf of those who invested with Merrill Lynch securities broker Michael Tanha (CRD#: 6022108, Beverly Hills, California). The Financial industry Regulatory Authority (“FINRA”) recently issued Michael Tanha a 10-month suspension and $15,000 fine pursuant to Tanha’s May 1, 2019 submission […]

ATTENTION INVESTORS: FINRA Fines, Suspends Morgan Stanley Broker FRANK VENABLE The Financial Industry Regulatory Authority (FINRA) announced January 3, 2019 that Morgan Stanley general securities representative Frank Venable (CRD#: 1461515, Knoxville, Tennessee) will be suspended and must pay a $5,000 fine for trading without permission in accounts of Morgan Stanley clients. Specifically, in a Letter […]

INVESTOR ALERT: FINRA Suspends HEATH BOWEN For Failing To Pay Arbitration Award The Financial Industry Regulatory Authority (“FINRA”) suspended Allegis Investment Services LLC president and general securities representative Heath Shayne Bowen (CRD#: 4824684, Idaho Falls, Idaho). FINRA claimed that Bowen did not comply with FINRA Arbitration #18-02355. In that matter, FINRA Arbitration Panel issued a […]