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Was Your Financial Advisor Fired or Banned from the Securities Industry???
Have you recently learned that your financial advisor was fired from his brokerage firm or that he has been banned from the securities industry? There are many reasons why a financial advisor could be fired or barred from the industry, including making risk trades or...
read moreWhat Are the Benefits of Hiring a FINRA Arbitration Lawyer?
The Financial Industry Regulatory Authority (FINRA) is the self-regulating agency responsible for disciplinary matters and licensing for most stockbrokers and financial advisors throughout the country. FINRA’s strong rules and regulations ensure that brokers meet...
Why Properly Ranking Your Arbitrators is Important in FINRA Arbitrations
When you seek arbitration through FINRA, there are no judges or juries involved like in a court case. Instead, an arbitrator or a panel of arbitrators decide your case. In a trial, you rarely get any say in choosing the judge, but you and your attorney are allowed...
FINRA suspends Don Wade Traywick (CRD #2410109, San Clemente, California)
April 26, 2018 – An AWC was issued in which Traywick was fined $5,000, suspended from association with any FINRA member in all capacities for three months and ordered to pay $10,000, plus interest, in disgorgement of a portion of commissions received. Without...
FINRA suspends Walter Warren Parker (CRD #2131232, Wylie, Texas)
April 18, 2018 – An AWC was issued in which Parker was fined $7,500 and suspended from association with any FINRA member in all capacities for one month. Without admitting or denying the findings, Parker consented to the sanctions and to the entry of findings that he...
FINRA suspends John Scot Galinsky (CRD #1513926, Lemont, Illinois)
April 17, 2018 – An AWC was issued in which Galinsky was fined $7,500 and suspended from association with any FINRA member in all capacities for 10 business days. Without admitting or denying the findings, Galinsky consented to the sanctions and to the entry of...
FINRA suspends Richard Anthony McCollam (CRD #1419048, Lafayette, California)
April 16, 2018 – An OHO decision became final in which McCollam was fined $10,000 and suspended from association with any FINRA member in all capacities for nine months. McCollam initially appealed the decision to the NAC but later withdrew the appeal, and the NAC...