In deciding whether to award a dispute to a FINRA arbitrator, both parties must agree to the rules of the proceeding. FINRA arbitrators sit in equity rather than law, but they are not required to be attorneys. Because of this, some parties may disagree with their decision and request that an arbitrator is struck. FINRA […]
FINRA Arbitration vs. Court-Appointed Arbitrators Read More »
The board of CNL Healthcare Properties REIT (CNL) has been approved the estimated net asset value (NAV) of $7.37 for its common stock. Its last approved NAV was $7.38 which had been approved on the 31st of December, 2020. The marginal decline was attributed to “a slight decline in balance sheet assets, partially offset by
As per the settlement letter recently finalized, Lynn Faust, a top South Carolina-based broker of Raymond James & Associates has been barred by the Financial Industry Regulatory Authority (FINRA) for three months, in addition to a fine of $5,000 being levied. The broker in question is Lynn Faust who attracted the censure for unsuitable Unit
Lynn Faust Raymond James Financial Advisor Barred! Read More »
‘Endangering the welfare of children for the distribution of child pornography in the second degree’ and ‘endangering the welfare of children for the possession of child pornography in the third degree’ are the two charges levied against Nicholas Spagnoletti, a financial advisor with the Wealth Enhancement Group (WEG). Private equity-backed hybrid RIA WEG inherited Spagnoletti
Wealth Enhancement Group (WEG) Advisor Arrested For Child Porn Read More »
The most recent filing by Sigma Financial Corp. reveals four open arbitration claims with total damages sought adding up to $4.5 million. The Focus Report is filed by brokerage firms with the Securities and Exchange Commission (SEC) and is in the nature of an audited financial statement. Haselkorn & Thibaut, P.A., has started an investigation
Sigma Financial Staring at $4.5 million in Claims Read More »