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FINRA Sanctions Oppenheimer & Co. for Failure to Supervise

Oppenheimer & Co. (CRD#: 249) Broker Dealer’s Background Oppenheimer is a full-service broker dealer headquartered in New York and has been a FINRA member since 1945. Allegations of Misconduct According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), between 2012 and 2017, Oppenheimer failed to reasonably supervise transactions that the firm’s […]

Financial Advisor Michael Grande Subject of Pending FINRA Complaint

Michael Charles Grande (CRD#: 1219255) is a previously registered broker. Broker’s Background He entered the securities industry in 1984 and previously worked with Richardson Greenshields Securities Inc; H. Burckhardt & Company, Inc.; Advest, Inc.; Shochet Securities, Inc.; Bluestone Capital Corp.; Sands Brothers & Co., Ltd.; Meyers Associates, L.P (FINRA expelled the firm in 2018); and […]

Financial Advisor Mario E. Rivero Barred by the SEC and FINRA for Misappropriating Money from Customers

Mario Everildo Rivero Jr. (CRD#: 5856503) is a previously registered broker and investment advisor. Broker’s Background He entered the securities industry in 2015 and previously worked with Wells Fargo Clearing Services, LLC, and LPL Financial LLC. Allegations of Misconduct According to publicly available records released by the United States Securities and Exchange Commission (SEC), in […]

Financial Advisor Ray Anthony San Pedro Discloses Four Customer Disputes

Ray Anthony Garrido San Pedro (CRD#: 4565686) is a Registered Broker at Arete Wealth Management, LLC in Sunrise, FL. Broker’s Background He entered the securities industry in 2002 and previously worked with First Republic Group, LLC (FINRA expelled the firm in 2009); Gilford Securities Incorporated; Chicago Investment Group, LLC (FINRA expelled the firm in 2010); […]

Financial Advisor Kevin Kelly Has Disclosed Three Customer Disputes

Kevin L. Kelly (CRD#: 2293119) is a Registered Broker and Investment Advisor at Avantax Investment Services, Inc., in Atlanta, GA. Broker’s Background He entered the securities industry in 1992 and previously worked with IDS Life Insurance Company; American Express Financial Advisors Inc.; Ameriprise Financial Services, Inc.; IFG Advisory, LLC; Legacy Capital Advisors, LLC; and LPL […]

Nanban Ventures Fraud | How Did the Nanban Companies Raise $130 Million in Fraudulent Securities Offerings?

Investors often look for signs that they can trust their financial professionals – similar backgrounds, shared experiences or heritages can all help put people at ease when entrusting their money to a broker or a business. Unfortunately, there are unscrupulous actors who attempt to prey upon affinities, identities, and cultural markers to make them more […]

SEC Suspends Former Financial Advisor Robert Gleason Jr. for Violating Best Interest Obligation

Robert S. Gleason Jr. (CRD#: 1415067) is a previously registered Broker and Investment Advisor.   Broker’s Background He entered the securities industry in 1985, and previously worked with Merrill Lynch, Pierce, Fenner & Smith Incorporated; Advest, Inc.; H&R Block Financial Advisors, Inc.; Raymond James & Associates, Inc.; Ross, Sinclaire & Associates, LLC; Cantella & Co.Inc..; […]

SEC Suspends Financial Advisor Larry Michaels for Trading without Customer’s Written Authorization

Larry Joseph Michaels (CRD#: 4351477) is a registered Broker and Financial Advisor with Crown Capital Securities, L.P., in Orange, CA.   Broker’s Background He entered the securities industry in 2001, and previously worked with Prudential Securities Incorporated; Pruco Securities Corporation; New England Securities; Crown Capital Securities, L.P.; J.P Turner & Company, LLC; and Legacy Advisory […]

Financial Advisor John Marcheso has been the Subject of Four Customer Disputes

John Noel Marcheso (CRD#: 869337) is a registered Broker and Investment Advisor with Centaurus Financial Inc., in Anaheim, CA.   Broker’s History He entered the securities industry in 1983, and previously worked with NYLife Securities, Inc.   Current and Past Allegations of Conduct Leading to Investment Loss According to publicly available records released by the […]

Financial Advisor Julie Darrah Subject of SEC Complaint Alleging the Misappropriation of Millions from Clients

Julie Anne Darrah (CRD#: 2102014) was a previously registered Broker and Investment Advisor.   Broker’s History She entered the securities industry in 2001, and previously worked with National Planning Corporation; Mutual Securities, Inc.; Vivid Financial Management, Inc.; and Wealth Enhancement Advisory Services, LLC.   Allegations of Misconduct According to publicly available records released by the […]