Morgan Stanley Clients Take Aim At Broker Jonathan Lonske For Alleged Sales Practice Violations The Financial Industry Regulatory Authority (“FINRA”) reports troubling information on securities broker Jonathan William Lonske (CRD#: 2594921, Boston, Massachusetts). Notably, Morgan Stanley, who Lonske worked for between 2009 and 2020, disaffiliated with him for alleged transgressions. In addition, four investors challenged […]

Chapin Davis, Inc. (CRD #28116, Baltimore, Maryland) was censured and fined $35,000 in connection with the alleged sale of structured products, the firm’s supervisory system and WSPs were inadequate. FINRA's findings stated that Chapin Davis sold approximately $24.5 million in structured notes and Federal Deposit Insurance Corporation (FDIC) insured structured certificates of deposit (CDs) to […]

The following article was posted on FINRA's website: WASHINGTON — It was announced that The Securities and Exchange Commission's (SEC) Office of Investor Education and Advocacy and the Financial Industry Regulatory Authority (FINRA) have issued an investor alert called Structured Notes with Principal Protection: Note the Terms of Your Investment to educate investors about the risks […]