Securities Law Attorneys Blog
Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 6, 2018 indicate that FINRA reported over 20 brokers and/or investment advisers in that month as suspended from association with member firms. The individuals enumerated below have signed letters of Acceptance, Waiver and Consent (AWC Letters) agreeing to these actions; they have not admitted to or denied the alleged underlying conduct. Some of these suspensions may have been lifted before or after the publication of FINRA’s report. Additionally, the fines listed may not represent the total financial penalties levied on the representatives, who may also have been ordered to pay disgorgement or other penalties to affected investors. For more information on these actions, visit FINRA’s disciplinary action homepage.
| Name | Current/Former Employers | Fine Paid | Length |
| Nicholas John Hoetmer | Ameriprise Financial Services | $7,500 | 9 months |
| James Otis Conaway | USA Financial Securities Corporation | $10,000 | 9 months |
| Lorraine Annette Conaway | USA Financial Securities Corporation | $10,000 | 9 months |
| Joshua Thomas Crossman | Merrill Lynch | $10,000 | 6 months |
| Michael Terry Swingle | JW Cole Financial | $5,000 | 18 months |
| Fatou Camara | PFS Investments | $5,000 | 3 months |
| Philip Orezio Fatta | Spartan Capital Securities | $5,000 | 4 months |
| Nas Adel Allan | Merrill Lynch | $2,500 | 1 month |
| Robert N. Newman | Morgan Stanley | $5,000 | 10 days |
| Gregory J. Anastos | Windsor Street Capital | n/a | 4 months |
| Kelly Marvin Barnett | FSC Securities Corporation | $15,000 | 6 months |
| Andrew Lee Denney | LPL Financial Network | $5,000 | 12 months |
| Francisco Jose Ortiz | Brickell Global Markets | $5,000 | 1 month |
| Joshua David Stamm | Merrill Lynch | $5,000 | 6 months |
| Zachary Stuart Brodt | First Financial Equity Corporation | $10,000 | 3 months |
| Fuad Saad Habba | Morgan Stanley | $5,000 | 3 months |
| Peter David Holler | Securities Service Network | $10,000 | 2 years |
| Lawrence Eugene Murphy | International Assets Advisory | $7,500 | 20 days |
| Gerard Chandler Gremillion | ProFinancial | $20,000 | 2 years |
| Brian John Hussey Jr. | Ameriprise Financial Services | n/a | 7 months |
| Louis Anthony Telerico | Westminster Financial Services | n/a | 6 months |
| John Michael Krohn | Principal Securities | $10,000 | 3 months |
| Morey Herbert Goldberg | M Holdings Securities | $10,000 | 45 days |
| Kenneth K. Jobson | Morgan Stanley | $5,000 | 3 months |
| Carlos Velazquez | Waddell & Reed | $10,000 | 8 months |