RedFlag, Allegation and/or Complaint against SUSAN LOUISE MCNIEL
Disclosure #1 for SUSAN MCNIEL
-
- Event Date: 3/16/2006
- Disclosure Type: Regulatory
- Disclosure Resolution: Final
- Disclosure Detail :: DocketNumberFDA: HPD# 06-70
- DocketNumberAAO: 06-70
- Initiated By: NEW YORK STOCK EXCHANGE DIVISION OF ENFORCEMENT
- Allegations: **3/16/06**STIPULATION AND CONSENT FILED BY DIVISION OF ENFORCEMENT OF NYSE REGULATION, INC. AND PENDING CONSENTED TO FINDINGS:WITHOUT ADMITTING OR DENYING GUILT, MCNIEL CONSENT TO FINDINGS THAT SHE: 1.VIOLATED NYSE RULE 408(A) BECAUSE THEY EXERCISED DISCRETIONARY POWER IN THE ACCOUNTS OF MORE THAN ONE CUSTOMER WITHOUT FIRST OBTAINING WRITTEN AUTHORIZATION OF THE CUSTOMERS. 2.VIOLATED NYSE RULE 408(B) BECAUSE THEY EXERCISED DISCRETIONARY POWER IN THE ACCOUNTS OF MORE THAN ONE CUSTOMER WITHOUT FIRST NOTIFYING AND OBTAINING THE APPROVAL OF ANOTHER PERSON DELEGATED UNDER NYSE RULE 342(B)(1) WITH AUTHORITY TO APPROVE THE HANDLING OF SUCH ACCOUNTS. STIPULATED SANCTION: THE IMPOSITION BY THE NEW YORK STOCK EXCHANGE LLC ( YSE\) OF: A CENSURE AND FINE OF $15,000 FOR MCNIEL
- Resolution: Decision
- Sanction Details :: Sanctions: Monetary/Fine
- Sanction Details :: Amount: $15,000.00 Sanctions: Censure
- Sanction Details: **5/31/06** DECISION ISSUED (HPD 06-70) 1. VIOLATED NYSE RULE 408(A) BY EXERCISING DISCRETIONARY POWER IN CUSTOMER ACCOUNTS WITHOUT FIRST OBTAINING WRITTEN AUTHORIZATION OF CUSTOMERS; AND 2. VIOLATED NYSE RULE 408(B) BY EXERCISING DISCRETIONARY POWER IN CUSTOMER ACCOUNTS WITHOUT FIRST NOTIFYING AND OBTAINING APPROVAL OF ANOTHER PERSON DELEGATED UNDER NYSE RULE 342(B)(1) WITH AUTHORITY TO APPROVE HANDLING OF SUCH ACCOUNTS. PENALTY: CENSURE AND $15,000 FINE
- Broker Comment: THE FINANCIAL ADVISOR HAS EXCELLENT RELATIONSHIPS WITH HER CLIENTS, MANY OF WHOM HAVE WRITTEN LETTERS OF PRAISE FOR INVESTMENT ADVICE PROVIDED TO THEM.
Should I file a FINRA complaint against brokers like SUSAN LOUISE MCNIEL?
Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.
Frequently Asked Questions About SUSAN LOUISE MCNIEL
What is SUSAN MCNIEL's Central Registration Depository (CRD) Number?
Which firm is SUSAN LOUISE MCNIEL associated with?
Where is SUSAN MCNIEL located?
Where can I find more details about SUSAN MCNIEL's Investment Firm?
Are there any disclosures, allegations or complaints filed against SUSAN LOUISE MCNIEL?
Where can I download a detailed FINRA report for SUSAN MCNIEL?
Is it safe to do business with SUSAN LOUISE MCNIEL?
All information displayed on this page is publicly available information under SEC guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by FINRA. BrokerAudit.com does not modify the data and makes no claims regarding its accuracy, nor will entertain any request to remove any entry. The inclusion of a person or entity in the BrokerAudit Database is not intended to suggest or imply that they have engaged in illegal or improper conduct related to FINRA. BrokerAudit.com intends to offer a platform where suspicious activities can be shared and discussed in a secure environment.
Originally posted on November 17, 2022 @ 9:04 pm
