The White Law Group, LLC » PMK Securities http://www.whitesecuritieslaw.com A Boca Raton, Florida and Chicago, Illinois based securities fraud, securities arbitration and investor protection law firm. Thu, 02 Sep 2010 14:07:20 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 FINRA fines Alan Pacella (a VFinance Investments, Inc financial advisor in Boca Raton, Florida) for securities violations. http://www.whitesecuritieslaw.com/423/finra-fines-alan-pacella-a-vfinance-investments-inc-financial-advisor-in-boca-raton-florida-for-securities-violations/ http://www.whitesecuritieslaw.com/423/finra-fines-alan-pacella-a-vfinance-investments-inc-financial-advisor-in-boca-raton-florida-for-securities-violations/#comments Thu, 14 Jan 2010 14:26:02 +0000 CarterPA http://carterpa.com/423/finra-fines-alan-pacella-a-vfinance-investments-inc-financial-advisor-in-boca-raton-florida-for-securities-violations/ FINRA recently announced that Alan Frank Pacella (CRD#1689031) (a VFinance Investments, Inc financial advisor in Boca Raton, Florida ) has been censured and fined $10,000. Without admitting or denying the allegations, Pacella consented to the described sanctions and to the entry of findings that he participated in the sale of unregistered securities. The findings stated that Pacella, before entering sales orders, relied on his member firm’s compliance department to review whether the shares were freely tradable. The findings also stated that the compliance department conducted its tradability review in the ordinary course of business and incorrectly approved the securities for public resale, even though the shares were restricted. The findings also included that Pacella had or should have had the company’s Articles of Incorporation and press release, thereby allowing him to determine that the securities were not registered for public sale and not subject to an exemption.

According to Alan Pacella’s CRD, prior to working as a financial advisor at VFinance Investments, Inc., Pacella was registered as a financial advisor with SMH Capital, Inc., Capital Growth Financial, LLC, and PMK Securities & Research, Inc.

If you have any questions about investments you made with Alan Pacella, or if you believe that you have been the victim of a securities fraud, the Law Offices of David A. Carter, P.A. may be able to help. David A. Carter is a South Florida securities fraud attorney based in Boca Raton, Florida. He reviews securities fraud cases throughout the country and Florida, including securities fraud cases in Deerfield Beach, Plantation, Parkland, Lighthouse Point, Highland Beach, Pompano Beach, and Fort Lauderdale. To contact us, please call us at 561-750-6999 or send an email to contact@carterpa.com. For more information on the firm, please visit http://www.carterpa.com.

]]> http://www.whitesecuritieslaw.com/423/finra-fines-alan-pacella-a-vfinance-investments-inc-financial-advisor-in-boca-raton-florida-for-securities-violations/feed/ 0 Delray Beach Securities Brokerage Firm PMK Securities http://www.whitesecuritieslaw.com/126/delray-beach-securities-brokerage-firm-pmk-securities/ http://www.whitesecuritieslaw.com/126/delray-beach-securities-brokerage-firm-pmk-securities/#comments Sun, 16 Aug 2009 19:37:58 +0000 CarterPA http://carterpa.com/wordpress/?p=126 PMK Securities & Research, Inc. is a full service securities brokerage firm and registered investment adviser headquartered in Delray Beach, Florida (on Atlantic Avenue in downtown Delray Beach). According to its website, PMK Securities and its predecessor firm have provided a range of products and services for private clients, corporations and institutional investors for over 18 years. It further claims to have become one of the largest privately-owned firms in the region.
PMK Securities clears its trades through First Clearing, LLC, a subsidiary of Wachovia Securities.
According to PMK Securities’ FINRA Broker Report, PMK Securities has been named in four regulatory events. The State of Florida has investigated PMK Securities for failure to maintain and implement written supervisory procedures in accordance with FINRA Rule 3010 and Rule 3E-600.13 of the Florida Administrative Code. PMK Securities has also been fined $1,000 by FINRA for failure to enforce its written supervisory procedures.
If you have questions about investment you have made with PMK Securities, or if you believe that you have been the victim of a securities fraud, the Law Offices of David A. Carter, P.A. may be able to help. The Law Offices of David A. Carter, P.A. is a South Florida securities fraud, securities arbitration, investor protection, and Chapter 7 bankruptcy law firm based in Boca Raton. David Carter is a securities attorney that reviews securities fraud cases throughout the country and Florida, including securities cases in Delray Beach, Boynton Beach, Orlando, Jacksonville, Tampa, Tallahassee, Gainesville, and West Palm Beach. To contact the Law Offices of David A. Carter, P.A., please call 561-750-6999, or email us at contact@carterpa.com. For more information about the Law Offices of David A. Carter, P.A., you can also visit our website at www.carterpa.com.

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