The Securities and Exchange Commission (SEC) today, January 29th., 2013, on it's website announced that it has charged a former managing director of Jefferies & Co., Inc. (Jefferies), a New York-based broker-dealer, with making misrepresentations and engaging in misleading conduct while he sold mortgage-backed securities (MBS) in the wake of the financial crisis. The SEC […]

Michael John Hester (CRD #3044429, Registered Representative, Tampa, Florida) was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Hester consented to the described sanction and to the entry of findings that he engaged in a private securities transaction by accepting checks totaling $20,000 from individuals to purchase […]

The following information is from FINRA’s website under, “Disciplinary and Other FINRA Actions, May, 2012.” Sean Donald Premock (CRD #3175558, Registered Representative, Fort Lauderdale, 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, Premock […]

Evan Taber (CRD #1892751, Registered Representative, Plantation, Florida)   was barred from association with any FINRA member in any capacity.   This sanction was based on findings that Taber intentionally converted or misappropriated customer funds. These findings stated that Taber discussed with a customer an investment that would yield a 15 percent rate of return […]