Category Archives: Private Placements
FINRA Suspends Securities Broker from Florida for Five Months for Violations Regarding Private Placements
Todd Arnold Havemeister (CRD #1942953) is a registered investment adviser. From August of 2018 to May of 2022, Mr. Havemeister was a representative of Great Point Capital, LLC in Melbourne, Florida. In 2022, he was permitted to resign from that brokerage after allegedly misrepresenting himself in retail communications. Notably, the Financial Industry Regulatory Authority… Read More »
Florida Broker Fined, Suspended For Undisclosed Private Securities Transactions
Clinton F. Byrd (CRD#: 4673625) is a previously registered investment advisor and broker. From August of 2007 to June of 2021, Mr. Byrd was a representative of Cantella & Co. Inc, a brokerage firm in Tallahassee, Florida. In 2021, this broker was discharged from that firm after confidence was lost because of a failure… Read More »
South Florida Man Charged WIth Operating Fraudulent Private Investment Fund
On January 14th, 2022, the Securities and Exchange Commission (SEC) announced charges against Anthony M. Cottone—a Delray Beach, Florida man accused of owning and operating a fraudulent private investment fund. The SEC contends that the unregistered South Florida investment advisor misappropriated approximately $134,000 in investor funds. In this blog post, our Miami private placement… Read More »
Miami Beach, FL Broker Barred For Failure To Cooperate Into Investigation Into Private Securities Transactions
Candido Jose Viyella (CRD #1829255) is a formerly registered securities broker and financial professional. From June of 2009 through December of 2020, Mr. Viyella was a registered representative of Morgan Stanley in Miami, Florida. In May of 2021, this broker was barred from the securities industry after declining to cooperate with a FINRA inquiry… Read More »
LPL Financial Broker Barred For Undisclosed Private Securities Transactions
John Edgar Simmons Jr (CRD#: 4878890) is listed by FINRA as a previously registered broker and previously registered investment adviser or RIA. From August of 2011 to September of 2015, Mr. Simmons Jr. worked at Investors Capital Corp. in Pensacola, FL. Subsequently, he served as a representative of LPL Financial LLC in Santa Rosa… Read More »
South Florida Broker Fined, Suspended for Undisclosed OBAs and Private Securities Transactions
David Jin Kyu Chong (CRD#: 2679656) is a registered broker and investment adviser. Since March of 2019, Mr. Chong has served as a financial representative of Newbridge Securities Corporation in Boca Raton, Florida. Previously, he was associated with other broker-dealers, including Aurora Capital LLC, Holly Street Wealth Advisors, Wells Fargo Clearing Services, and Morgan… Read More »
Florida Financial Advisor Now Barred by FINRA
Christopher Charles Hellman (CRD #6584084) was previously a registered broker and a registered investment advisor. In the early part of 2016, he was employed at FMSBonds in Miami, Florida. From September 2016 to October 2018, he served as a representative of Merrill Lynch in Boca Raton, Florida. Recently, Mr. Hellman was barred by FINRA…. Read More »
