- June 27, 2022
- Equitable Advisors
Anthony DiDonna (CRD#: 7283414) was previously dually registered as a Broker and Investment Advisor.
He entered the securities industry in 2020 and previously worked for Equitable Advisors, LLC.
Current And Past Allegations Of Conduct Leading To Investment Loss
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in December 2021, FINRA sanctioned Anthony DiDonna, permanently barring him from all capacities indefinitely beginning March 17, 2022. The FINRA sanction states, “Respondent DiDonna failed to respond to FINRA requests for information.”
In addition, Anthony DiDonna has been the subject of one customer complaint and an employment disclosure:
- April 2021 — “Clients allege that they did not authorize transfers from their accounts to fund new investments that were unauthorized. Clients further allege that signatures on account opening documents were forged.” The customer dispute is pending.
- April 2021 — “RR discharged due to unauthorized transactions and misappropriation of client funds.” Anthony DiDonna was discharged by Equitable Advisors, LLC.
For a copy of Anthony DiDonna’s FINRA BrokerCheck, click here.
We Help Investors Recover Investment Losses
FINRA regulations require that a customer’s written authorization is required before a broker-dealer can carry out transactions in the customer’s account. In addition, the broker-dealer’s member firm needs to approve the broker-dealer’s authorization. These measures are intended to protect the customer. Discretionary trading allows the broker-dealer to unilaterally decide to buy or sell securities at any price and not have to check with the client first. Exercising discretion without authorization can be costly to investors, and broker-dealers and their member firms, too.
In addition, to the extent a Financial Advisor converts client assets during the course and scope of his employment and/or registration with the brokerage firm, that brokerage firm may be held liable for any attendant losses.
The Wolper Law Firm, P.A. represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, P.A., is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. We can be reached at (800) 931-8452 or by email at firstname.lastname@example.org.