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Discretionary Trading

January 25, 2019 Unauthorized Trading, Suitability, and Customer Abuse Complaints Catch Up to Wedbush's William Mark Heiden of Southern California
June 17, 2019 Barred San Diego Broker Harry Couglar Suspended by CFP Board
January 17, 2019 Donald Logan Fined $25k for Unauthorized Discretionary Trades, Having Customers Sign Blank Documents
January 15, 2019 Paul Wishingrad Sanctioned for Unauthorized Use of Discretion in UBS Client Accounts
August 27, 2018 Ex-Wells Fargo Broker Joseph Eschleman Sanctioned for Unauthorized Use of Discretion
August 08, 2018 Former Transamerica Broker Roy Gaytan Sanctioned for Discretionary Trading Violations
November 29, 2022 Morgan Stanley Broker David Lau Sanctioned for Unauthorized Discretionary Trades
November 22, 2022 Edward Turley Barred After Settling Suitability and Fraud Claims Worth $47 Million
August 26, 2022 Merrill Lynch's Conrad Branson Disciplined for Series of Unauthorized Transactions, Discretion in Customer Accounts
August 18, 2022 Patrick English Barred During Unauthorized Use of Discretion Investigation
October 05, 2021 Ex-Vorpahl Wing & LPL Financial Broker Lee Victor Nordstrom Barred After Allegedly Placing IRA Trades 4 Days After Client's Death
August 26, 2021 Jason Seale Cited for Discretionary Trading Without Permission
March 23, 2021 JP Morgan Broker Trevor Rahn Disciplined for Unauthorized Trading, Improper Discretion, and Mismarking Solicited Orders
January 13, 2021 LPL Financial's Arthur Obermeier Cited for Unauthorized Discretionary Trading
November 13, 2020 SEC Fines Royal Alliance Associates Over Volatility Linked ETP Failures, Including iPath S&P 500 VIX ETN 'VXX'
August 24, 2020 FINRA Bars Terminated Brokers Lau, Winters, for Failing to Provide Information
June 30, 2020 Barry Hartwyk Disciplined for Unauthorized Use of Discretion
June 09, 2020 CFP Board Disciplines California's Joel Davidman for Unauthorized Discretion, Alaska's Michael Shamburger and Rob Wedel for Multi-Million Dollar Misconduct
March 24, 2020 Coronavirus Losses, Stock Market Decline Expose Fraudulent Schemes
April 18, 2018 Merrill Lynch Broker Jonathan Belden Fined & Suspended for Unauthorized Use of Discretion, Trading Restricted Security
March 15, 2018 Saddled with Settlements, Kevin Yang Sanctioned for Unauthorized Discretion at Morgan Stanley
November 14, 2017 Patricia Peterson Sanctioned for Unauthorized Discretionary Trades in WFG Accounts
October 11, 2017 Ex-Ameriprise Brokers Jack McBride and Stuart Pearl Cited by FINRA for Improper Margin Trades
May 31, 2017 FINRA Investigating Joseph Farah for Churning, Suitability, Undisclosed Outside Business Activities, Misrepresentations
May 17, 2017 Andrew Logullo Sanctioned for Selling Away, Undisclosed Outside Business, and Improper Use of Discretion Trading Penny Stocks
April 19, 2017 Hossein Amirraiahei Barred Over Unauthorized Discretionary Trading Investigation
December 17, 2016 Kai Chen Fined & Suspended for Unauthorized Use of Discretion at Credit Suisse
December 09, 2016 Christopher Ariola Barred, Ordered to Pay $138k in Restitution for Unsuitable Gold & Energy Recommendations
April 29, 2016 Paul Valencia Fined & Suspended for Discretionary Trading Without Customer or Firm Authorization
October 20, 2015 James Christianson Fined, Suspended for Unauthorized Use of Discretion
September 16, 2015 FINRA Fines, Suspends Tyler Boone Powell for Improper Use of Discretion
February 02, 2015 Shawn Michael Richardson Censured and Fined for Exercising Discretion Without Permission
June 06, 2014 Concentration Risk: The Implications of Putting All Your Eggs in One Basket
May 12, 2014 William Jeffrey Austin Fined & Suspended for Exercising Discretion Without Authorization or Consent
October 17, 2013 NASAA Calls Out New Scams, Rotates Five of Top 10 Investor Threats
October 15, 2013 SEC: Small Violations Can Lead to Strong Enforcement, Sanctions, and Fines
August 08, 2013 Christopher Michael Bones, David Shelton Brown, Jr. Fined & Suspended in Separate Instances of Unauthorized Discretionary Trading
July 09, 2013 Richard Joseph Gobel Fined and Suspended for Discretionary Trading without Written Authorization
April 14, 2013 Once Granted, Permission to Trade with Discretion Can Be Problematic