The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.”   Paul Cragg Larsen (CRD #1066833, Registered Representative, Naples, Florida) and   Quentin Marius Silic (CRD #4222363, Registered Representative, Naples, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which they were each barred from association with any FINRA member in […]

In a March 1st, 2012, article from InvestmentNews.com, Dan Jamieson writes that Finra is considering giving up its proprietary lock on BrokerCheck data, opening the way for a higher level of scrutiny of brokers' disciplinary information, observers said. Finra, the Financial Industry Regulatory Authority Inc., earlier this month requested comments on the idea of giving private […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.”   Olaf F. Gamlen (CRD #5292529, Registered Representative, Palm Beach Gardens, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 10 business days. The […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.”   Jeffrey Scott Donner (CRD #2631248, Registered Principal, Weston, Florida)   was barred from association with any FINRA member in any capacity. The sanction was based on findings that Donner executed several unauthorized transactions in customers’ accounts at his member firm without their […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.”   Neal Seth Smalbach (CRD #1459854, Registered Principal, Palm Harbor, Florida)   submitted an Offer of Settlement in which he was barred from association with any FINRA member in any capacity.   Without admitting or denying the allegations, Smalbach consented to the described […]

In a February 28th., 2012 article written by Liz Skinner for InvestmentNews.com, Skinner writes that the top securities regulator in the U.S. wants investment advisers and brokers to take a closer look at certain trading behaviors to help root out unauthorized trading in accounts. The Securities and Exchange Commission (SEC) said Monday in a risk […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.”   Charles Rainsford Marks Jr. (CRD #4727907, Registered Representative, South Jacksonville, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 10 business days. The […]

 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 […]

Lars K. Soreide, of Soreide Law Group, PLLC, filed a FINRA arbitration in February of 2012, against National Securities Corporation alleging: negligence, negligent supervision, and breach of fiduciary duty, due to among other unsuitable investments, the sale of Roundstone Healthcare Capital Partners. Recently, Roundstone Healthcare Partners, and its affiliates, have filed a RICO suit against numerous defendants in […]