On April 11, 2018, the Securities and Exchange Commission (SEC) announced in a press release that Rocco Reveccio was one of three former Alexandre Capital brokers charged with defrauding their customers. The others are William C. Gennity and Laurence M. Torres. The SEC filed a complaint against Reveccio and Gennity in the U.S. District Court
On April 6, 2018, FINRA announced it barred securities broker William Brunner from associating with firms registered with FINRA. FINRA (Financial Industry Regulatory Authority, Inc.) registers and regulates securities brokers and brokerage firms. FINRA announced Brunner’s bar in a Letter of Acceptance, Waiver and Consent (AWC). The AWC stated FINRA barred Brunner for declining to
Update: Michael Giokas pleads guilty to wire fraud. On March 23, 2018, FINRA announced it barred securities broker Michael Giokas from associating with firms registered with FINRA. FINRA (Financial Industry Regulatory Authority, Inc.) registers and regulates securities brokers and brokerage firms. In a Letter of Acceptance, Waiver and Consent (AWC), FINRA stated it barred Michael
According to public records, FINRA barred former broker Sanders Spangler from the securities industry on March 26, 2018. FINRA (Financial Industry Regulatory Authority, Inc.) registers and regulates securities brokers and brokerage firms. In a Letter of Acceptance, Waiver and Consent (AWC), FINRA stated it barred Sanders Spangler because he declined to give sworn testimony regarding
On February 7, 2018, FINRA suspended Christopher Lee Hibbard due his alleged failure to cooperate with FINRA’s investigation into accusations he stole from an investor client. FINRA (Financial Industry Regulatory Authority, Inc.) registers and regulates security brokers and brokerage firms. Merrill Lynch had previously reported to FINRA on January 8, 2018 that it fired Hibbard
According to public records, on March 20, 2018, FINRA suspended stockbroker Michael Scott Androulakis from associating with any FINRA member firms for three months. FINRA (Financial Industry Regulatory Authority, Inc.) registers and regulates stockbrokers and brokerage firms. FINRA announced the sanction in its Letter of Acceptance, Waiver and Consent (AWC). The AWC alleges Michael Androulakis
On March 16, 2018, FINRA fined Martin Earl Brooks $5,000 and suspended him from associating with firms registered with FINRA for fifteen days. FINRA (Financial Industry Regulatory Authority, Inc.) registers and regulates stock brokers and brokerage firms. FINRA announced the sanctions in its Letter of Acceptance, Waiver and Consent (AWC). The AWC states Brooks allegedly
On March 5, 2018, the Financial Industry Regulatory Authority Inc. (FINRA) barred David Lloyd Barber, a former Madison Avenue Securities LLC stock broker, from associating with firms registered with FINRA. FINRA is the self-regulator of stock brokers and brokerage firms. FINRA reported David Barber’s bar in its Letter of Acceptance, Waiver and Consent (“AWC”) that
On March 7, 2018, the Financial Industry Regulatory Authority Inc. (FINRA) barred Mark Kaplan, former Vanderbilt Securities LLC stock broker, from associating with firms registered with FINRA. FINRA registers and regulates stock brokers and brokerage firms. FINRA reported Mark Kaplan’s bar a Letter of Acceptance, Waiver and Consent (“AWC”). The AWC states Kaplan was barred
According to public records released by the Financial Industry Regulatory Authority (FINRA), eight customers have recently filed claims against former JP Morgan and UBS Broker Rick Douglas Konecny and FINRA has permanently barred Konecny from associating with firms registered with FINRA. Rick Konecny worked out of branch offices located in Chicago, Illinois and was registered
