Main office: (616) 632-8000

Toll-free: (888) 607-4819

Unauthorized Trading

Investor Alert: Sylvester Knox and Merrill Lynch

Investor Alert: Sylvester Knox and Merrill Lynch

The Financial Industry Regulatory Authority (“FINRA”) fined Sylvester Knox $10,000 and suspended him from FINRA for nine months.  According to Knox’s Letter of Acceptance, Waiver, and Consent, from “June 2015 through October 2016, Knox violated FINRA Rule 2010 when he effected 36 transactions with a total principal value of approximately…

Investor Alert: Jeffrey A. Hill and Dougherty & Company

Investor Alert: Jeffrey A. Hill and Dougherty & Company

Broker Jeffrey A. Hill, who was formerly registered with brokerage firms Wells Fargo Advisors and Dougherty & Company in Bemidji, Minnesota, has been suspended from the securities industry for 15 months following allegations that he exercised discretionary trading authority in customer accounts without the customers’ authorization in order to implement…