Eric Alan Zakarin of Cranford New Jersey a stockbroker formerly registered with Lombard Securities Incorporated has been terminated by the firm on October 10, 2018 based upon allegations that (1) Zakarin generated excessive commissions from customers and (2) Zakarin executed trades in customer accounts that customers’ possibly had not authorized. This is not the first […]
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Archive | Money Laundering
Lombard Terminates Broker For Unauthorized Churning Of Customer Accounts
February 19, 2019 | Posted by : Nicholas J. Guiliano | Churning, Excessive trading, Failure To Supervise, FINRA Securities Arbitration, Money Laundering, Stockbroker Fraud News | 0 Comments
Invex Stockbroker Suspended For Selling Away
August 08, 2016 | Posted by : Nicholas J. Guiliano | Bond Fraud, Failure To Supervise, Money Laundering, Stockbroker Fraud News | 0 Comments
Francisco G. Hervella, of Miami, Florida, a stockbroker with Invex Inc., was fined $50,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity for two years after consenting to findings that he engaged in unauthorized outside business activities as well as unauthorized private securities transactions. Letter of Acceptance, Waiver […]
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