DREAMFUNDED MARKETPLACE LLC Losses? The Financial industry Regulatory Authority (“FINRA”) declared on June 5, 2019 that it expelled funding portal member DreamFunded Marketplace, LLC (“DreamFunded”) (CRD#: 283594). FINRA also barred its CEO and co-founder, Manuel Fernandez (CRD#: 6639970). Evidently, in an Extended Hearing Panel Decision #:2017053428201, FINRA’s Office of Hearing Officers found that DreamFunded and […]

The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, January, 2013.” Charles Tuttle Mason aka Chip Mason (CRD #2206257, Registered Principal, St. Pete Beach, Florida) and Darren Duane Gibson (CRD #2311950, Registered Representative,Oceanside, California) were each fined $5,000 and suspended from association with any FINRA member in any capacity for three […]

The Financial Industry Regulatory Authority (FINRA) announced that it has fined Wells Investment Securities, Inc. $300,000 for using misleading marketing materials in the sale of Wells Timberland REIT, Inc., a non-traded Real Estate Investment Trust (REIT).   It was noted that Wells was the dealer-manager and wholesaler for the public offering of Wells Timberland REIT, which […]