FINRACases: Ex-Morgan Stanley Broker and Former Western International Securities Broker Are Barred, Questar Capital Ordered to Pay $797K Restitution Over Mutual Fund Sales, and Morgan Stanley Smith Barney is Accused of Not Sending Millions of Margin Disclosures

两名经纪人在没有出现在FINRA听证会上后被禁止

Guillermo Valladolid, an ex-Morgan Stanley (MS) broker, has been barred by the Financial Industry Regulatory Authority. According to the regulator, Valladolid did not show up at a hearing into whether, according toInvestmentNews,,,,he “sold investments away from his employer” and neglected to disclose certain outside business activities.

Morgan Stanley terminated Vallodolid’s employment. Previous to that he worked with美林林奇

在另一个FINRA案中,监管机构也禁止另一位经纪人布拉德利·马斯乔(Bradley C. Mascho)出现在听证会之后。马斯乔在西方国际证券期间的一些活动受到质疑。bob200体育该公司上个月解雇了他,这也是美国证券交易委员会对Bennett Group Financial和DJP Holdibob200体育ngs的Mascho和Dawn Bennett提起欺诈指控。Mascho是后者的首席财务官。

监管机构正在调查他们参与所谓的欺诈行为,该欺诈行为涉及向投资者出售超过2000万美元的期票和可转换票据。马斯乔是马里兰州相关刑事案件的主题。

Questar Capital对共同基金销售豁免受到谴责

Questar Capital Corp.在不否认或承认该调查结果的情况下同意向合格客户支付796,892美元的赔偿金,因为他们不放弃合格的共同基金销售费用。

Either that, FINRA found, or they were sold Class C shares and Class B shares, with sales charges on the back-end, and also were charged ongoing fees and higher costs. The customers should have been able to buy Class A shares in specific mutual funds without having to pay the sales charge on the front-end. Eligible customers were overcharged more than $680K as a result.

FINRA表示,该公司没有合理地监督此过程,并取决于其财务顾问,以决定是否应应用销售收费豁免。据称,Questar Capital并未为这些顾问提供“适当”的书面政策和程序来做出此类决定。监管机构还声称,该公司没有在此问题上对顾问进行适当的培训。

摩根士丹利·史密斯·巴尼(Morgan Stanley Smith Barney)因未发布保证金披露而罚款15万美元

为了解决FINRA的发现,该公司在’12,13和14年没有发送约400万个保证金披露,Morgan Stanley Smith Barney LLC(MS)将支付15万美元。它已经同意了调查结果的进入,但没有否认或承认。

保证金披露不仅让客户知道交易证券的风险,而且还知道程序。bob200体育监管机构说,摩根士丹利(Morgan Stanley)在12和14年之间,将其留给了某些团体和个人,以向客户提供强制性披露。但是,它没有正式任命任何人来确保客户收到其年度保证金披露声明。

在Shepherd Smith Edwards和Kantas,Ltd LLP,我们代表因损失而遭受损失的投资者bob200体育证券欺诈。We are here to help our clients in fighting to recoup their investments.

Finra bars former Morgan Stanley rep over hearing no-show,,,,InvestmentNews,,,,2018年1月16日

Finra bars broker involved with Dawn Bennett,InvestmentNews,2018年1月6日

The SEC Complaint in the Mascho and Bennett Case(PDF)

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秒Suspends Trading in UBI Blockchain After 900% Stock Jump from Cryptocurrency Craze,,,,SSEK Blog, January 8, 2018

Ameriprise Ordered to Pay $8M Over F-Squared Alpha Sector Strategy Sales, Institutional Investor Securities Blog, December 8, 2017

秒Orders 235 LLCs to Produce Documents Related to Its Woodbridge Fraud Probe,SSEK博客,2017年11月5日

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