Skip to main content

For updates and guidance related to COVID-19 / Coronavirus, click here.

FINRA Disciplinary Actions Online

Displaying 1 - 15 of 16761
Case ID Case Summary Document Type Firms/ Individuals Action Date Sort ascending
2017052473701 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT 2017052473701 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Louis Capital Markets, LP (n/k/a Louis Capital Markets, LLC) (Respondent) Member Firm CRD No. 48013 Pursuant to FINRA Rule 9216, Respondent Louis Capital Markets, LP submits this Letter of Acceptance, Waiver, and Consent (A WC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Louis Capital Markets, LP (n/k/a Louis Capital Markets, LLC)
03/08/2021
2018057235801 FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, Megurditch Patatian CRD No. 4047060, Respondent. Disciplinary Proceeding No. 2018057235801 COMPLAINT The Department of Enforcement alleges: SUMMARY 1. From 2013 to 2017, while associated with Western International Securities, Inc. (Western), Respondent Megurditch Patatian made 81 recommendations to 59 customers to purchase non-traded real estate investment trusts (REITs). All of Patatian's Complaints
Megurditch Patatian
02/26/2021
2019060783602 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019060783602 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Byron Pat Treat (Respondent) General Securities Principal CRD No. 1466393 Pursuant to FINRA Rule 9216, Respondent Byron Pat Treat submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Byron Pat Treat
02/26/2021
2019064872501 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2019064872501 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Scott Richard Hansen (Respondent) Former General Securities Representative and General Securities Principal CRD No. 2837763 Pursuant to FINRA Rule 9216, Respondent Scott Richard Hansen submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Scott Richard Hansen
02/25/2021
2019061333101 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2019061333101 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Kerry M. Moy, (Respondent) Former General Securities Representative CRD No. 1295255 Pursuant to FINRA Rule 9216, Respondent Kerry M. Moy submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Kerry M. Moy
02/25/2021
2019061982001 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2019061982001 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Sean Daniel McDevitt, Respondent General Securities Representative CRD No. 2786216 Pursuant to FINRA Rule 9216, Respondent Sean Daniel McDevitt submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Sean Daniel McDevitt
02/25/2021
2020065527102 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2020065527102 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Darrell A. Smith, Jr. (Respondent) Former Investment Company and Variable Contracts Products Representative CRD No. 6774881 Pursuant to FINRA Rule 9216, Respondent Darrell A. Smith, Jr. submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Darrell A. Smith, Jr.
02/24/2021
2019064323201 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2019064323201 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Securities America, Inc. (Respondent) Member Firm CRD No. 10205 Pursuant to FINRA Rule 9216, Respondent Securities America, Inc. submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Securities America, Inc.
02/23/2021
2019063686301 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019063686301 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Israel Soto (Respondent) Former General Securities Representative CRD No. 5897011 Pursuant to FINRA Rule 9216, Respondent Israel Soto submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Israel Soto
02/22/2021
2017055591602 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2017055591602 TO: Department of Enforcement Financial Industry Regulatory Authority (“FINRA”) RE: Precision Securities, LLC, Respondent Broker-Dealer CRD No. 103976 Pursuant to FINRA Rule 9216 of FINRA’s Code of Procedure, Respondent Precision Securities, LLC submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Precision Securities, LLC
02/22/2021
2020065242701 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2020065242701 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Kapitall Generation, LLC (Respondent) Member Firm CRD No. 153157 Pursuant to Rule 9216, Respondent Kapitall Generation, LLC submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Kapitall Generation, LLC
02/19/2021
2020066246901 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2020066246901 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Scott Wayne Reed (Respondent) Former General Securities Representative; Former General Securities Principal; Former General Securities Sales Supervisor CRD No. 3007033 Pursuant to FINRA Rule 9216, Respondent Scott Wayne Reed submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Scott Wayne Reed
02/19/2021
2018059532901 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2018059532901 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Stewart I. Schram (Respondent) General Securities Representative CRD No. 1711571 Pursuant to FINRA Rule 9216, Respondent Stewart I. Schram submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
Stewart I. Schram
02/19/2021
2015045257501 FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORECEMENT, Complainant, v. RICKY ALAN MANTEI, (CRD No. 1098981), Respondent. Disciplinary Proceeding No. 2015045257501 Hearing Officer—DRS EXTENDED HEARING PANEL DECISION February 18, 2021 Respondent violated his firm’s prearranged trading prohibition and circumvented its cross trade procedures by directing prearranged trading with intermediaries in order to facilitate and disguise cross trades. For this misconduct, OHO Decisions
RICKY ALAN MANTEI
02/18/2021
2019061887701 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2019061887701 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: James Alan Schumaker (Respondent) General Securities Representative CRD No. 6829407 Pursuant to FINRA Rule 9216, Respondent James Alan Schumaker submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. AWCs (Letters of Acceptance, Waiver, and Consent)
James Alan Schumaker
02/18/2021