FINRA recently announced that Rodney Jack Bradley, a former financial advisor with Merrill Lynch in Clearwater, Florida, has been barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Bradley consented to the described sanction and to the entry of findings that he borrowed approximately $480,000 from customers generally [...]
FINRA recently announced that Jamik Jamar Ligon, formerly of Merrill Lynch, Pierce, Fenner & Smith, Incorporated in Jersey City, New Jersey, and Rocco Anthony Mongelli, of Peak Securities Corporation in Largo, Florida, were fined and suspended by FINRA. Ligon was fined $7,500 and suspended from association with any FINRA member in any capacity for two [...]
According to a recent FINRA announcement, James Stephen Eckes, of Parrish, Florida, barred from FINRA and ordered to pay $1,611 in restitution to a customer. The sanctions were based on findings that Eckes effected unauthorized transactions in a customer’s account, and communicated with a customer using a personal email account without obtaining permission from his [...]
FINRA recently announced that Andres Luis Delmas, in Miami, Florida, has been fined $15,000 by FINRA and suspended from association with any FINRA member firm in any capacity for 60 days. Without admitting or denying, Andres Delmas consented to findings that he made unsuitable recommendations to customers to buy inverse floater Collateralized Mortgage Obligation (CMO) [...]