FINRA recently announced that Lorraine Leonie Macko (formerly of RBC Capital Markets Corporation in Miami , Florida ) has been fined $6,000 and suspended from association with any FINRA member firm in any capacity for a period of one year. The sanctions were based on findings that Lorraine Macko misused her member firm’s funds by causing funds to be credited to her personal firm brokerage account and making withdrawals totaling nearly $5,000 from that account, while failing to timely make deposits corresponding to the posted credits. The findings further stated that Macko’s account did not sufficient funds to cover her withdrawals, which her member firm funded. Finally, the findings stated that Macko caused her member firm’s books and records to be inaccurate as the false credits were reflected in the firm’s books and records.
Macko has not been registered in the industry since April 2007. Prior to working as a financial advisor for RBC Capital Markets Corporation, Macko was registered with RBC Dain Rauscher, Inc. and Wachovia Securities.
If you have any questions about investments you made with Ms. Macko or RBC Capital Markets or if you believe that you have been the victim of a securities fraud, The White Law Group may be able to help. To speak with a securities attorney please call our Chicago office at 312-238-9650.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, visit https://whitesecuritieslaw.com