FINRA Bars Craig Scott Broker Edward Beyn For Excessive Trading, Churning Edward Beyn (CRD#: 5406273, Syosset, New York) is an ex Craig Scott Capital securities broker who FINRA barred from the securities industry. Specifically, on January 29, 2019, National Adjudicatory Council (“NAC”) issued a Decision in Matter #2015044823501, affirming a July 31, 2017 Extended Hearing […]

INVESTOR ALERT: Claims Against Citigroup Global Markets Inc. Brokers Becky Woo, John Kelly Citigroup Global Markets Inc. (CRD#: 7059, New York, New York) is both a FINRA-regulated brokerage firm and SEC-regulated investment advisory. The firm, established January 25, 1960, discloses an alarming rate of regulatory events and arbitrations on FINRA BrokerCheck. Specifically, regulators have taken disciplinary […]

Merrill Lynch’s Thomas Buck Is Going To Jail For Defrauding Investors Thomas Joseph Buck (CRD#: 1024868, Indianapolis, Indiana), the general securities representative of Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”), will go to prison for forty months for committing securities fraud. Supposedly, Buck charged $2,000,000.00 in excessive commissions to customers holding commission-based trading […]

Investors File Disputes About Credit Suisse Brokers Lily Pirouzian, Michael Brewster Credit Suisse Securities (USA) LLC (CRD#: 816) is an investment adviser firm regulated by the Securities and Exchange Commission (“SEC”) and brokerage firm regulated by the Financial industry Regulatory Authority (“FINRA”). Evidently, to date, the firm reports 272 instances in which securities regulators have […]

Deutsche Bank Securities Terminates Brokers Jonathan Sdao, Joseph Reardon Deutsche Bank Securities Inc. (CRD#: 2525) is a brokerage firm which the Financial Industry Regulatory Authority (“FINRA”) regulates. Also, the firm has an investment advisory which the Securities and Exchange Commission (“SEC”) regulates. Notably, Deutsche Bank Securities has a whopping two hundred eighty disclosures on FINRA […]

CUNA Brokerage Services Terminates Brokers Michael Grant, Michal Osgood CUNA Brokerage Services (CRD#: 13491) is a brokerage firm which is regulated by the Financial Industry Regulatory Authority (“FINRA”). CUNA also does business as an investment adviser firm regulated by the Securities and Exchange Commission (“SEC”).  Apparently, the FINRA BrokerCheck Report for CUNA Brokerage Services shows […]

Morgan Stanley Customers Dispute Broker Vincent Magee’s Sales Practices Vincent Michael Magee (CRD#: 2720508, Marco Island, Florida) is a past general securities representative of Morgan Stanley. Specifically, at least seven customers of Morgan Stanley and Raymond James & Associates, Inc. (Vincent Magee’s prior employer) complained about Vincent Magee’s sales practices. Take a look at some […]

Next Financial Group’s Mark Lee Tevebaugh Allegedly Sold Bad Investments Mark Lee Tevebaugh (CRD#: 1567001, Indian Harbour Beach, Florida) is a general securities representative for Next Financial Group, Inc. According to person’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report, four customers have alleged that he engaged in sales practice violations. Check out the following summary […]

Pruco Terminates Brokers Michael Pineda, Donna Guglielmi, Rajen Sheth Pruco Securities, LLC (CRD#: 5685) is a Financial Industry Regulatory Authority (“FINRA”) regulated brokerage firm and (“SEC”) regulated investment adviser firm. Pruco Securities, LLC’s main offices are in Newark, New Jersey. Since September 22, 2003, Pruco Securities has amassed 42 discloses regarding its alleged mishaps in […]