FINRA recently announced that Charles James Moni, a financial advisor formerly registered with Jesup & Lamont Securities Corp, a FINRA broker-dealer based in Edison, New Jersey, has been fined $39,013, which includes disgorgement of $29,013 representing commissions received, and suspended from association with any FINRA member in any capacity for six months. Without admitting or [...]
FINRA recently announced that Michael Anthony Gist, formerly a financial advisor with Ameritas Investment Corp. in Highlands Ranch, Colorado , has been fined $15,000, ordered to pay $231,877.43, plus interest, in restitution to a customer and suspended from association with any FINRA member in any capacity for two years. Without admitting or denying the allegations, [...]
FINRA recently announced that Michael Lewis Axel, formerly of Tripp & Co., Inc. in New York City , has been barred from association with any FINRA member firm in any capacity. Without admitting or denying the findings, Axel consented to the described sanction and to findings that he misappropriated at least $624,000 from customers of [...]
FINRA recently announced that Canaccord Adams Inc. (a registered brokerage firm in Boston, Massachusetts) has been fined $12,500 and censured for securities violations. Without admitting or denying the findings, Canaccord Adams consented to the described sanctions and to the entry of findings that it failed to provide written notification disclosing to its customers its correct [...]