FINRA recently announced that Anderson & Strudwick (a FINRA broker-dealer based in Richmond, Virginia ) has been fined $10,000 and ordered to pay restitution to investors. Without admitting or denying the findings, Anderson & Strudwick consented to the entry of findings that it accepted and held customer market orders, traded for its own account at [...]
FINRA recently announced that Charles Palmer Peebles, Jr. of Scott & Stringfellow, LLC in Glasgow, Virginia has been fined $5,000 and suspended from FINRA for five business days. The suspension was in effect from August 17, 2009 through August 21, 2009. Without admitting or denying the findings, Peebles consented to findings that he exercised discretion [...]
FINRA recently announced that Daniel Allen Abbott has been fined $20,000 and suspended from association with any FINRA member firm for 60 days. Without admitting or denying the allegations, Abbott consented to the findings that he presented seminars to promote the sale of reverse mortgages and solicit various types of investments from senior citizens contrary [...]
In June 2009, FINRA announced that Frances Ann Reams, then employed with Wachovia Securities, LLC in Roanoke, Virginia, had been suspended from FINRA for a period of three months. Without admitting or denying the findings, Reams consented to the entry of findings that she altered a customer’s option account agreement and without the customer’s knowledge [...]