FBI, SEC and FINRA Investigating Tommy Belesis’ Firm, John Thomas Financial
In an article, Feb. 7, 2013, in the New York Post, it was reported that (broker-dealer owner), Anastasios “Tommy” Belesis' [...]
ATTENTION UBS BOND INVESTORS
Those investors who believed they had constructed a “conservative” portfolio by being heavily invested in bonds could be reclassified as [...]
Complaint Filed Against Florida Rep for Misappropriation of Funds Against Elderly
The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, January, 2013.” Kenneth Andrew Mauchin (CRD #2366345, [...]
SEC’s Statistics Positive News for Investors
The Securities and Exchange Commission, also known as the 'SEC,' has filed 734 enforcement actions the fiscal year that ended [...]
Did You Invest With Beverly Hills Broker Bambi Holzer?
Soeide Law Group is currently investigating broker, Bambi I. Holzer, CRD #1088028. Ms. Holzer is currently a registered representative with [...]
SEC Charges in Oil Drilling Scam by South Floridian Joseph Hilton/Yurkin
The Securities and Exchange Commission (SEC) recently announced that it has obtained an emergency court order to freeze the assets [...]
FINRA Statistics Regarding Disciplinary Actions
The following are statistics compiled by FINRA, the Financial Industry Regulatory Authority, posted recently to their website. The statistics show [...]
FINRA Improves ‘BrokerCheck’ Capabilities
FINRA, the Financial Industry Regulatory Authority announced that it has added features to BrokerCheck to help users more easily access [...]
JP Turner & Co, Atlanta, Charged with ‘Churning’ Customers’ Accounts Over $2.7million
The Securities and Exchange Commission alleged three former brokers at JP Turner & Co. in Atlanta, traded excessively in accounts [...]
Michael Todd Crosswhite Pleads Guilty in Alleged $1million Ponzi Scheme
It was recently reported that Michael Todd Crosswhite, 42, of Forest, Virginia, a financial adviser, admitted that he stole more than [...]
New York Rep Barred by FINRA
Thomas Edward Kelly (CRD #1386403, Registered Principal, Johnson City, New York) was barred from association with any FINRA member in [...]
Sean K. Hannon, North Carolina Rep Barred by FINRA
Sean K. Hannon (CRD #4296260, Registered Representative, Cary, North Carolina) has submitted an Offer of Settlement in which [...]
UBS Puerto Rico and Two Executives Charged by the SEC
The Securities and Exchange Commission (SEC) announced on May 1, 2012, that they charged UBS Financial Services Inc. of Puerto Rico [...]
FINRA PROPOSES TO RAISE FEES ON BROKER-DEALERS
The Financial Industry Regulatory Authority Inc., also known as FINRA, plans to raise number of user fees it charges broker-dealers to [...]
The Florida Securities Investor Protection Act
FLORIDA INVESTORS, KNOW YOUR RIGHTS! Do you know that all Florida investors have the right to bring claims against their [...]
Clearwater, FL, Rep Barred by FINRA
The following information is from FINRA’s website under “Disciplinary Actions, April, 2012:” James Landon Yarbrough (CRD #703889, Registered Representative, [...]
Banc of America Investment Services, Inc., Sanctioned by FINRA
The following information is from FINRA’s website under “Disciplinary Actions, April, 2012:” Banc of America Investment Services, Inc. dba [...]
Nontraded REITs on the Slide
Have you invested in these non-traded real estate investment trusts and funds that have recently seen steep devaluations?Name Offering price Per share [...]
FINRA CONSIDERING MAKING BROKER EXAM SCORES PUBLIC
In a March, 2012, article for InvestmentNews.com, Dan Jamieson writes that industry observers are wondering why the Financial Industry Regulatory Authority Inc. [...]
JUDGE ORDERS FORMER MASSACH– USETTS BROKER TO PAY OVER $500,000 FOR DEFRAUDING 9/11 WIDOW
THE FOLLOWING IS AN ARTICLE FROM THE SEC’S WEBSITE: "The Securities and Exchange Commission (SEC) announced that a federal judge in [...]