Tag Archives: Broker

Floor Broker Fined $150,000 by the CFTC for “Spoofing” Wheat CME Futures

Floor Broker Fined $150,000 by the CFTC for “Spoofing” CME Wheat Futures Market The CFTC fined Anuj C. Singhal $150,000 to settle charges for “spoofing” the Chicago Mercantile Exchange (CME) wheat futures market. The relevant period of the offense was … Continue reading

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FINRA Award: UBS & Broker Michael J. Keane to pay $805,000

Claim Alleges Michael J. Keane guilty of fraud, misrepresentation According to the Financial Industry Regulatory Authority (FINRA) website, a hearing panel has awarded a customer of UBS broker Michael J. Keane $805,120 in compensatory damages, plus interest. According to the … Continue reading

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Former Broker Jeffery Fanning Suspended From Industry By FINRA

Former Liberty Partners Financial Services broker Jeffery Fanning was recently suspended from the securities industry for six months by the Financial Industry Regulatory Authority (FINRA). Fanning allegedly failed to reasonably supervise potential excessive trading by other representatives at the firm. … Continue reading

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Another Wells Fargo Broker Suspended and Fined by FINRA

Gary Gray, a former Las Vegas-based Wells Fargo broker was suspended from the industry for three months by the Financial Industry Regulatory Authority (FINRA). He was also fined $10,000. Allegedly, Gray exercised discretion in effecting 236 trades in accounts maintained … Continue reading

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Mark Kaplan Investigation Update-Arbitration Claim to be Filed vs. Former Vanderbilt Securities Broker

MARK KAPLAN INVESTIGATION UPDATE  3/9/2018 Boca Raton, FL-We are in process of preparing another arbitration claim against Vanderbilt Securities seeking damages for account churning and unsuitable investment recommendations by their former broker Mark Kaplan. Our clients, a family that resides … Continue reading

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