Stock broker John Schmidt of Dayton, Ohio was recently fired by Wells Fargo Advisors Financial Network, LLC and suspended by the Financial Industry Regulatory Authority (FINRA) following allegations of “unauthorized money movement[s]” in his customers’ accounts. Schmidt is also involved in two customer disputes relating to allegations that he misappropriated client funds. If Schmidt fails to…

Stock broker Kimberly Kitts of Palmer, Massachusetts was recently fired by Royal Alliance Associates, Inc. and suspended by the Financial Industry Regulatory Authority following allegations that she misappropriated and/or converted customer funds. Kitts has been given until March 9, 2018 to cooperate with FINRA’s investigation into the matter. If she…

Stock broker Kevin Jedlicka of Maryland has been suspended by the Financial Industry Regulatory Authority (FINRA) after an investigation led the regulator to find that Jedlicka had engaged in a pattern of unsuitable short-term trading of Class A mutual fund shares and UlTs in the accounts of four customers. According to…

The securities agent registration of Todd Kimm has been suspended by the Financial Industry Regulatory Authority (FINRA) after an investigation into alleged sales practice violations led the regulator to find that Kimm had recommended over 100 unsuitable short-term trades of long-term investment products and eight unsuitable mutual fund switches. Kimm was…