According to a FINRA disciplinary action announcement, Gregory Morgan Angelillo (CRD #5391037, Wayne, New Jersey) recently 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, Angelillo consented to the sanction and to the entry of findings that he completed a false variable annuity application and supporting documents for an individual without her authorization or consent, and signed her name on those documents without her authorization or consent. The findings stated that Angelillo submitted the documents to his member firm for processing. In response to the firm’s queries concerning this application, Angelillo falsely told the firm that the individual was on vacation and/or had moved.
For the full findings, see FINRA Case #2013035932601.
According to his FINRA Broker Report, Angelillo was registered with MetLife Securities from June 2008 through January 2012 and Pruco Securities from January 2012 through May 2013.
The foregoing information, which is all publicly available on FINRA’s website, is being provided by The White Law Group.
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