FINRA Bars Former Wells Fargo Broker Marcus Delgado for Excessive Trading in Retirement Accounts

FINRA permanently barred Marcus Delgado for unauthorized trading across 18 retirement accounts at Wells Fargo, causing $3.8M in client losses while generating $487K in commissions.

Former Wells Fargo Broker Barred for Excessive Trading in Retirement Accounts

FINRA permanently barred a former Wells Fargo broker for churning elderly clients' retirement accounts, causing $890,000 in losses while generating $312,000 in commissions.

FINRA Arbitrators Award $4.2M to Investors in Nontraded REIT Loss Case

A FINRA arbitration panel ordered a former broker and his firm to pay $4.2 million after selling unsuitable nontraded REIT shares to elderly investors.
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