FINRA fines Aegis Capital Corp for alleged rule violations
Aegis Capital Corp has agreed to pay a fine as a part of a settlement with the Financial Industry Regulatory Authority.
Aegis Capital
SEC fines Aegis Capital $2.3M for unsuitable recommendations of structured products
The SEC charges Aegis Capital, former Aegis Managing Director Alan Appelbaum, and former Aegis registered representative Paul Gallivan.
Aegis Capital to pay $2.8M in fines/restitution for churning client accounts
The trading in these accounts caused the customers to incur more than $2.9 million in trading costs.
FINRA bars former Aegis Capital rep for churning customer accounts
Steven Robert Luftschein, while associated with Aegis Capital, churned and excessively traded the accounts of several customers.
