Exchange Traded Notes

Archive | Exchange Traded Notes

Forefront Capital Markets Charged With Securities Fraud

July 05, 2017  |   Posted by :   |   Exchange Traded Notes, Stockbroker Fraud News   |   0 Comments

Demitrios Hallas, of New York, New York, a stockbroker formerly registered with Forefront Capital Markets, LLC, has been charged by the Securities and Exchange Commission (SEC) in a Complaint alleging that he effected fraudulent securities transactions and misappropriated funds from customers. Securities and Exchange Commission v. Demitrios Hallas, 1:17-cv-029991:17-cv-02999 (Apr. 25, 2017). According to the […]

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Huntington Investment Company Stockbroker Barred

Jason John Lenzi, of Beaver, Pennsylvania, a stockbroker formerly registered with The Huntington Investment Company, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that he did not cooperate with FINRA’s request for Lenzi’s information in reference to Lenzi’s business activities. Case No. 2015044007201 (Feb. […]

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Global Arena Capital Stockbroker Suspended

June 19, 2017  |   Posted by :   |   Boilerroom, Exchange Traded Notes, Stockbroker Fraud News   |   0 Comments

James Flower, of Melville, New York, a stockbroker formerly registered with Global Arena Capital Corp., has been suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he effected unsuitable exchange traded notes recommendations to customers. Letter of Acceptance, Waiver and Consent, […]

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LPL Financial Sued In Arbitration For Unsuitability

Michael Alexander Hanson, of La Mirada, California, a stockbroker formerly registered with LPL Financial LLC, has been named in a customer initiated investment related arbitration claim on May 5, 2017, in which the customer requested $520,000.00 in damages based upon allegations that he effected unsuitable transactions in the customer’s account concerning inverse levered exchange traded […]

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SEC Charges Former PHX Financial Stockbroker Demitrios Hallas

Demitrios Hallas, a former registered representative of Forefront Capital Markets and and PHX Financial was charged today by the United States Securities & Exchange Commission with the violation of the antifraud provisions of the federal securities laws in connection with the recommendation and sale of unsuitable securities.  United States Securities & Exchange Commission v. Hallas, […]

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Infinex Investments Stockbroker Suspended For Unauthorized Trading

Christopher J. Elliott, of Washington, District of Columbia, a stockbroker with Infinex Securities, Inc., was fined $7,500.00 and suspended for two years from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity after consenting to findings that he engaged customers in unsuitable recommendations and acted with unauthorized discretion in customers’ accounts. Letter […]

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Investors Warned About Exchange Trade Notes

December 22, 2015  |   Posted by :   |   Exchange Traded Notes   |   0 Comments

The Office of Investor Education and Advocacy of the United States Securities and Exchange Commission issued an Investor Bulletin to educate investors about Exchange Trade Notes According to the SEC, Exchange Trade Notes are unsecured debt obligations of financial institutions that trade on a securities exchange. Exchange Trade Notes payment terms are linked to the […]

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