Soreide Law Group, (888) 760-6552, obtained this summation of information from FINRA’s website listed under “Disciplinary and Other FINRA Actions, March, 2014.” Peter Bruno (CRD #1180960, Registered Principal, Boca Raton, Florida) was fined $20,000 and suspended by FINRA for three months. FINRA's findings stated that Bruno marketed his investment services through various media, however it […]

FINRA continues to crack down on sales of alternative investments. Earlier this week, FINRA, the Financial Industry Regulatory Authority Inc. fined VSR Financial Services Inc., a midsize broker-dealer known for selling alternative investments, $550,000, and imposed a $10,000 fine and 45-day suspension of VSR's chairman, Don Beary. FINRA alleged that from 2005 to 2010, VSR […]