Broker Robert DePalo Barred Following Fraud Conviction Investor Alert! Securities broker Robert DePalo (CRD#: 2946313, Greenwich, Connecticut) is no longer allowed to act as a broker or investment advisor, according to the Securities and Exchange Commission (“SEC”), who barred DePalo after he was convicted of fraud. Not only that, but FINRA barred the broker and […]

The Securities and Exchange Commission (SEC) announced that it has charged the co-owners of Manhattan-based brokerage firm, Arjent LLC, and its UK-based affiliate, Arjent Limited, with fraud. The chairman and CEO Robert P. DePalo, according to the SEC, attempted to keep the firms afloat and yet maintain his extravagant lifestyle. Allegedly, DePalo sold shares in […]