FINRA Disciplinary Actions September 2021

Table of Contents

SCOTT GEOFFREY MADISON (CRD #4323032, RIVERHEAD, NEW YORK)

August 30, 2021 – An AWC was issued in which Madison was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Madison consented to the sanction and to the entry of findings that he refused to provide documents and information as requested by FINRA. The findings stated that Madison was under investigation regarding allegations made in a U5 filed by his member firm that he may have improperly applied for and received an Economic Injury Disaster Loan when he refused to provide information. (FINRA Case #2021070757901)

JEROME RICHARD GOLDSTEIN (CRD #224572, NEW YORK, NEW YORK)

August 30, 2021 – An AWC was issued in which Goldstein was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Goldstein consented to the sanction and to the entry of findings that he refused to provide documents and information as requested by FINRA. The findings stated that Goldstein was under investigation regarding allegations made in a U5 filed by his member firm that he had violated firm policy governing personal finances by making multiple cash withdrawals under the currency transaction reporting threshold when he refused to provide information. (FINRA Case #2021071333601)

ADAM GERARD BELARDINO (CRD #5221927, ELMSFORD, NEW YORK)

September 7, 2021 – An OHO decision became final in which Belardino was barred from association with any FINRA member in all capacities. The sanction was based on findings that Belardino failed to provide on-the-record testimony as requested by FINRA. The findings stated that Belardino had been under investigation regarding customer allegations that Belardino had misrepresented account values, traded excessively, and did not liquidate accounts as requested by his customers when he failed to respond to FINRA’s requests. (FINRA Case #2019062347102)

CHRISTINE J. TROXEL (CRD #7167887, NEW YORK, NEW YORK)

September 10, 2021 – An AWC was issued in which Troxel was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Troxel consented to the sanction and to the entry of findings that she refused to on-the-record testimony as requested by FINRA. The findings stated that Troxel was under investigation regarding allegations made in a U5 filed by her member firm that she had admitted to using a customer’s affiliate bank credit card for personal use without authorization when she refused to provide testimony. (FINRA Case #2021069221201)

RONALD SCOTT DALEY (CRD #4682165, WEST CHESTER, OHIO)

September 10, 2021 – An AWC was issued in which Daley was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Daley consented to the sanction and to the entry of findings that he refused to provide on-the-record testimony as requested by FINRA. The findings stated that Daley was under investigation regarding allegations that he converted funds of elderly customers when he refused to provide testimony. (FINRA Case #2021072416801)

WILLIAM JEFFREY MICHERO (CRD #4617645, FORT WORTH, TEXAS)

September 10, 2021 – An AWC was issued in which Michero was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Michero consented to the sanction and to the entry of findings that he failed to observe high standards of commercial  honor and just and equitable principles of trade. The findings stated that Michero transferred at least $263,286.40 from trust accounts for which he was a trustee to his own account without authorization to pay for his own personal expenses. (FINRA Case #2021072162901)

ROBERT TIBOR NYILAS (CRD #1030273, JERICHO, NEW YORK)

September 14, 2021 – An AWC was issued in which Nyilas was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Nyilas consented to the sanction and to the entry of findings that he failed to provide documents and information as requested by FINRA. The findings stated that Nyilas under investigation regarding allegations that he made unsuitable securities recommendations when he refused to provide information. (FINRA Case #2019063770601)

PAUL WESLEY FURUSHO (CRD #2165709, SAN FRANCISCO, CALIFORNIA)

September 15, 2021 – An AWC was issued in which Furusho was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Furusho consented to the sanction and to the entry of findings that he failed to appear for on-the-record testimony as requested by FINRA. The findings stated that Furusho was under investigation regarding allegations made in a U5 filed by his former member firm that he had made loans from a client to either himself or a friend and also engaged in undisclosed outside business activities when he refused to appear. (FINRA Case #2020066177702)

DAVID SHELDON WELLS (CRD #6774493, CHICAGO, ILLINOIS)

September 20, 2021 – An AWC was issued in which Wells was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Wells consented to the sanction and to the entry of findings that he failed to appear for on-the-record testimony as requested by FINRA. The findings stated that Wells was under investigation regarding allegations made in a U5 filed by his former member firm when he failed to appear. (FINRA Case #2021071998001)

ROBERT JOSEPH BOYER III (CRD #5787312, WAYNE, PENNSYLVANIA)

September 21, 2021 – An AWC was issued in which Boyer was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Boyer consented to the sanction and to the entry of findings that he failed to provide documents and information as requested by FINRA. The findings stated that Boyer was under investigation regarding allegations that he had established multiple accounts for a customer who wasn’t in a financial position to purchase them without receiving the customer’s review or signature for some of the applications for these products, which were later found to contain false information when he refused to provide information. (FINRA Case #2020068462901)

ELIZABETH ANN SOLLARS (CRD #6606776, TERRA HAUTE, INDIANA)

September 22, 2021 – An OHO decision became final in which Sollars was barred from association with any FINRA member in all capacities. The sanction was based on findings that Sollars failed to provide on-the-record testimony or documents and information as requested by FINRA. The findings stated that Sollars had been under investigation regarding allegations that she had misappropriated insurance premiums when she failed to respond to FINRA’s requests. (FINRA Case #2020065292102)

DARIA LYNN RADONSKI (CRD #2349272, BILLINGS, MONTANA)

September 22, 2021 – An AWC was issued in which Radonski was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Radonski consented to the sanction and to the entry of findings that she refused to provide documents and information as requested by FINRA. The findings stated that Radonski was under investigation regarding claims made in a U5 filed by her former member firm that she had admitted to signing a financial advisor’s name without approval when she refused to provide documentation. (FINRA Case #2021070740101)

MAUREEN MCKENNA FASANELLA (CRD #5580617, NEW YORK, NEW YORK)

September 27, 2021 – An AWC was issued in which Fasanella was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Fasanella consented to the sanction and to the entry of findings that she failed to appear for on-the-record testimony as requested by FINRA. The findings stated that Fasanella was under investigation regarding allegations that she engaged in a private securities transaction and misused funds when she failed to appear. (FINRA Case #2019063531701)

LEE BRYAN TAYLOR (CRD #3045030, BALLY, PENNSYLVANIA)

September 28, 2021 – An AWC was issued in which Taylor was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Taylor consented to the sanction and to the entry of findings that he failed to provide documents and information as requested by FINRA. The findings stated that Taylor was under investigation regarding whether he had Taylor participated in undisclosed private securities transactions with customers when he failed to appear. (FINRA Case #2019064209301)

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