Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on October 16, 2018 indicate that former California-based Independent Financial Group broker Jon Pariser has been sanctioned by FINRA in connection to alleged rule violations and barred from acting as a broker or otherwise associating with a broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Pariser (CRD# 2755015).
Jon Pariser has spent 21 years in the securities industry and was most recently registered with Independent Financial Group in Pacific Grove, California (2014-2018). Previous registrations include SWS Financial Services in Pacific Grove, California (2013-2014); LPL Financial in Pacific Grove, California (2000-2013); Edward Jones in St. Louis, Missouri (1997-2000); and ML Stern & Company in Beverly Hills, California (1996-1997). He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on June 19, 1996; SIE (Securities Industry Essentials Examination), which he obtained on May 24, 2018; Series 7 (General Securities Representative Examination), which he obtained on June 12, 1996; and Series 24 (General Securities Principal Examination), which he obtained on September 26, 2000. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received two customer complaints and one regulatory sanction.
In October 2018 FINRA sanctioned him after finding he failed to provide requested documents and information concerning allegations that he made certain customer referrals to “An individual who was not registered” and who may also have made recommendations or sales of unsuitable investments. He was barred from acting as a broker or otherwise associating with a broker-dealer firm.
In 2014 he was terminated from his position at SWS Financial Services in connection to allegations he may have used unauthorized discretion.
In 2007 a customer alleged Jon Pariser, while employed at Linsco/Private Legder Corporation, made an unauthorized purchase of equities. The complaint settled for $50,000.
In 2006 a customer alleged Jon Pariser, while employed at Linsco/Private Legder Corporation, established an incorrect account type and made unauthorized purchases of unsuitable bonds. The complaint settled for $50,000.
If you have lost money investing with Jon Pariser, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.