Private Placements

Posts In Private Placements

FINRA Bars John Lee Scott of LPL Financial (Phoenix) During Outside Business Activity nad Private Securities Transaction Investigation Apr 26
FINRA barred John Lee Scott, formerly of LPL Financial in Phoenix, as a result of an investigation ...
View Article
Independent Financial Group Disciplined Over Concentrated Illiquid REIT Sales, Supervisory Failures Apr 12
FINRA censured and fined Independent Financial Group (IFG) $200,000 for failing to supervise a ...
View Article
Broker-Dealer's Due Diligence Duties for Private Placements Require Research and Supervision Mar 31
Over the past year, FINRA reminded broker-dealers of their responsibilities when selling private ...
View Article
Growth Capital Services Fined $35,000 for Distributing Misleading Description of Risky Private Placements and Disclosure Failures Mar 22
FINRA censured Growth Capital Services of San Francisco, California and fined the firm $35,000 for ...
View Article
Whitehall-Parker Securities, Robert James Yuloo Cited for Failing to Supervise Broker Who Sold Fraudulent Woodbridge Ponzi Scheme Products Mar 18
FINRA fined and suspended Whitehall-Parker Securities (San Rafael, California) principal Robert ...
View Article
Wells Fargo's Scott Reed Barred After Selling $3.5 Million of Web/Software Investments Away from Firm Feb 22
FINRA barred former Wells Fargo Clearing Services (Scottsdale, AZ) broker Scott Wayne Reed for ...
View Article