Category Archives: FINRA Enforcement

FINRA Proudly Claims it Catches More Rogue Brokers than the Federal Aviation Administration!

FINRA, the Financial Industry Regulatory Authority, is the self-regulated organization (code industry bag man) in charge of regulating brokers.  Recently,  FINRA boasted about its crackdown on what it calls “rogue brokers” by saying “No regulator gets more brokers out of … Continue reading

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FINRA Alleges Bridge Securities LLC Broker in Marietta, Georgia Stole from Client

Paul James Marshall (CRD #1889692, Registered Supervisor, Marietta, Georgia) was named a respondent in a FINRA complaint alleging that he converted funds totaling $25,000 from his member firm’s customer for purposes of investment in a real estate entity. Marshall had … Continue reading

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Atlanta (Stone Mountain, Georgia) Broker Suspended for Failing to Provide or Maintain Current Information

Individuals Barred for Failure to Provide Information or Keep Information Current Pursuant to FINRA Rule 9552(h) (If the bar has been vacated, the date follows the bar date.) Kirsten Roxanne Fellows (CRD #4455495) Stone Mountain, Georgia (November 20, 2012) FINRA Case #2011030318801

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Atlanta (Stone Mountain, Georgia) Broker Suspended by FINRA

Ronald Eugene Cleveland (CRD #2924946, Registered Representative, Stone Mountain, Georgia) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $10,000 and suspended from association with any FINRA member in any capacity for six months. The fine must … Continue reading

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Atlanta (Loganville, Georgia) Broker Barred from Industry for Forgery and Theft of Son’s IRA Funds

Edward Eugene Williams (CRD #2184339, Registered Representative, Loganville, Georgia) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Williams’ misappropriated a total of $2,548.83 from his adult sons’ IRAs by utilizing … Continue reading

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Atlanta Broker Formerly with J.P. Turner and Morgan Stanley Suspended for Failure to Provide Information or Keep Information Current

Individuals Suspended for Failure to Provide Information or Keep Information Current Pursuant to FINRA Rule 9552(d) (The date the suspension began is listed after the entry. If the suspension has been lifted, the date follows the suspension date.) Howard Lawrence … Continue reading

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FINRA Bars Lawrenceville, Georgia Broker from Securities Industry

Keith Howard Mathis (CRD #1783068, Registered Principal, Lawrenceville, Georgia) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Mathis, as his member firm’s Chief Financial Officer (CFO) and FINOP, was responsible … Continue reading

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Former Lincoln Financial Distributors Broker (Roswell, Georgia) Has License Revoked for Failure to Pay Fines and/or Costs

Individuals Revoked for Failure to Pay Fines and/or Costs Pursuant to FINRA Rule 8320 (If the revocation has been rescinded, the  date follows the revocation date.) Chad Allen McCartney (CRD #4294388) Roswell, Georgia (April 20, 2013) FINRA Case #2010023719601 This … Continue reading

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Augusta, Georgia Securities Firm Suspended for Failure to Supply Financial Information to FINRA

Firms Suspended for Failure to Supply Financial Information Pursuant to FINRA Rule 9552 (The date the suspension began is listed after the entry. If the suspension has been lifted, the date follows the suspension date.) Redrock Trading Partners, LLC (CRD … Continue reading

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Former Bridge Securities LLC Broker Sanctioned for Failure to Pay Restitution

Individual Suspended for Failure to Pay Restitution Pursuant to FINRA Rule 9554 (The date the suspension began is listed  after the entry. If the suspension has been lifted, the date follows the suspension  date.) Paul James Marshall (CRD #1889692) Marietta, … Continue reading

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