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FINRA Suspends 30+ Representatives In December 2017

December

The Financial Industry Regulatory Authority’s (FINRA) list of disciplinary actions issued in December 2017 reports the suspensions, whether in all capacities or in a principal capacity, of more than 30 brokers and/or investment advisers. Many of these suspensions were accompanied by monetary penalties, such as fines, disgorgement and restitution. The below individuals have signed letters of Acceptance, Waiver and Consent (AWC Letters) agreeing to FINRA’s suspensions without admitting or denying the alleged underlying conduct. Some of the following actions may have been lifted prior to or following the report’s publication. Additionally, the listed fines and penalties may not account for the full amounts paid by the sanctioned individuals. More information about these actions is available via FINRA.

 

Name Current/Former Employers Length of Suspension Fines paid
Michael Anton Crowe Securities America 1 months $5,000
Ryan Nicholas Paugh JP Morgan Securities 4 months $10,000
Edward Ryan Buechting Raymond James & Associates 10 days $5,000
Scott Jason Wallach APW Capital 1 month $5,000
John A. Crumb LPL Financial 4 months $12,500
Robert Kendrick Gray NMS Capital Advisors 2 months $5,000
Robert Jeffrey Scherzer Raymond James Financial Services 3 months $5,000
Cheryle Anne Brady Ameriprise Financial Services 6 months $7,500
Walter Joseph Marino Benjamin Securities 1 year n/a
Jack B. McBride Wunderlich Securities 40 days $12,500
Stuart L. Pearl David A. Noyes & Company 45 days $7,500
Terrence Jeffrey Diehl LPL Financial 9 months $10,000
Andre Watson Voya Financial Advisors 3 mobths $5,000
Marlon O. Cole Fordham Financial Management 16 months $5,000
Jamil Ahmed MetLife Securities 4 months n/a
Cecil Ernest Nivens NYLife Securities 2 years $185,737 (disgorgement)
Martin William Pernoll Bay Mutual Financial 9 months $25,000
Joseph Leigh Cotter Petersen Investments 9 months $15,000
Anthony Christopher Reiner Oscar Gruss & Son 4 months $15,000
Kumi Toyokawa Ichikawa Pruco Securities 6 months $5,000
David M. Apted Forest Securities 4 months $10,000
Richard Allen Riemer Jr. Equity Services 6 months $5,000
Jeffrey Michael Johnson Morgan Stanley 7 months $10,000
Ryan Christopher Keller Chelsea Financial Services 3 months $5,000
Landon L. Williams Merrill Lynch 2 years $10,000
Donald Patrick Fewer Avatar Capital Group 2 months $5,000
David Albert Ross Woodbury Financial Services 10 months n/a
Thomas Joseph Breslin Jr. LPL Financial 5 months $5,000
Michael Thomas Standley Oakbridge Financial Services 6 months $5,000
Luigi Edward Mancusi David A. Noyes & Company 2 months $10,000
Jeffery John Waldera Robert W. Baird & Company 5 months $7,500
Frederick Wesley Roehm Ausdal Financial Partners 5 months $5,000

 

 

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