FINRA bars Gary John Basralian (CRD #14385, Springfield, New Jersey)
What is FINRA Rule 2010? FINRA Rule 2010 is a broad, sweeping rule that is utilized to address misconduct that is not directly addressed by another FINRA rule. The rule is centered around the use of ethical business practices by brokers and financial institutions....read more
March 20, 2018 – A Letter of Acceptance, Waiver and Consent (AWC) was issued in which Basralian was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Basralian consented to the sanction and to the entry of findings that he failed to provide FINRA-requested documents and information in connection with an investigation into, among other things, the circumstances of his resignation from his member firm. The findings stated that the firm had filed a Uniform Termination Notice for Securities Industry Registration (Form U5) terminating Basralian’s registrations and reporting that he resigned after a customer allegation of fraud and breach of contract related to investments away from the firm. (FINRA Case #2017056769401). If you or someone you know has lost money investing with Gary Basralian, call the experienced attorneys at Epperson & Greenidge at 877-445-9261 for a free consultation. You may be eligible to recoup your losses. Epperson & Greenidge accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-445-9261 now to speak to an attorney for free.