The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.”   Charles Rainsford Marks Jr. (CRD #4727907, Registered Representative, South Jacksonville, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 10 business days. The […]

 The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, February 2012.” Jordan Alan Linn (CRD #2664439, Registered Representative, Hallandale, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was fined $2,500 and suspended from association with any FINRA member in any capacity for 30 days. The fine must be paid […]

In a February 16th., 2012, article in InvestmentNews.com, Jason Kephart writes that John Bogle, founder of The Vanguard Group Inc., believes low-cost, passive indexes are the best way to invest — as long as they're not offered through an exchange-traded fund. “There's no question that ETFs are the greatest trading innovation of the 21st century,” […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”   Andrew James Aragona (CRD #1320844, Registered Representative, Deerfield Beach, Florida)   was named as a respondent in a FINRA complaint alleging that he recommended variable annuity switches to an elderly customer who had a moderate risk tolerance and a primary investment objective […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”   Marcela Zamora Erana (CRD #4450935, Registered Principal, Key Biscayne, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which she was fined $5,000 and suspended from association with any FINRA member in any capacity for one month.   Without admitting […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”   Jan D. Narrine (CRD #5738183, Associated Person, Winter Garden, Florida)   submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity.   Without admitting or denying the findings, Narrine consented […]

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”   Dennis Flanagan Jr. (CRD #4199469, Registered Principal, Miami, Florida)   submitted an Offer of Settlement in which he was fined $25,000 and suspended from association with any FINRA member in any capacity for two years. The fine must be paid either immediately […]

In an article for InvestmentNews.com, on February 1st, 2012, Mark Schoeff Jr. writes that in a market defined by low interest rates, investors are searching for higher returns. But brokers better be careful how they try to deliver those results, according to their primary regulator. In a 16 page letter posted on its website, the Financial Industry […]

In a February 4th., 2012, article by Andew Osterland in InvestmentNews.com, he writes that it's not an easy conversation to have, but financial advisers need to talk to their clients about Alzheimer's disease and other forms of dementia and the impact it can have on their financial circumstances. “The first conversation is difficult, but after […]