RRBDLAW.com: June NASD Cases

No replies
Anonymous's picture
Anonymous

Wall Street’s Dirty Little Secrets:  Uncovered and analyzed at http://RRBDLAW.com<?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
 
http://RRBDLAW.com
<?:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />New York, New YorkJune 20, 2006
 
Every month Wall Street’s regulators issue disciplinary decisions that fine and suspend stockbrokers and their firms --- but many of the more interesting stories get buried among the sheer volume of cases.  Nationally-known regulatory lawyer Bill Singer analyzes the securities industry’s docket and provides insight and provocative commentary.  Here are some of the more unusual NASD items Bill uncovers at http://rrbdlaw.com this month:
 
http://www.rrbdlaw.com/RegulatoryLinks/CASESOFNOTE/NASD/2006 .htm
                                           
 
Suspension of Disbelief
 
In June we saw several cases in which suspended individuals were allowed to get paid commissions on remain on premises.  Is this problem becoming an epidemic?  Note that NASD took the extraordinary measure of forcing one individual to sell his ownership interest in a BD within 6 months.
 


  • Centaurus Financial, Inc./AWC/#E022004017602/June 2006

 

  • Kenneth Joseph Gilmore (Principal)/OS/#C9B20050022/E102003130805/June 2006

 

  • Johnny Phillip Figliolini, Jr. (Principal)/#E9B2003039303/June 2006

 Quickee Mortgage Applications?
 
Perhaps the start of an odd trend?  Wall Streeters are engaging in some odd efforts to defraud mortgage lenders.  
 

  • Epko Anthony Steele/#ELI20040286-02/June 2006

 

  • Lisa Marie Jalomo (Principal)/#E062004037101/June 2006

 
 
 
http://www.rrbdlaw.com/RegulatoryLinks/CASESOFNOTE/NASD/2006 .htm
 
RRBDLAW.com is a leading securities-industry legal/regulatory website.  The content is published by Bill Singer, a veteran Wall Street regulatory lawyer who represents both the industry and the public. 
 
CONTACT INFORMATION:Bill Singerrrbdlawyer@aol.com
917-520-2836
http://www.rrbdlaw.com
http://www.BrokeAndBroker.com

Please or Register to post comments.

Industry Newsletters
Careers Category Sponsor Links

Sponsored Introduction Continue on to (or wait seconds) ×