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Former NFP Securities Broker Sanctioned by Regulators-St. Petersburg, FL

Former NFP Securities Broker Sanctioned by Regulators-St. Petersburg, FL

Former NFP Securities Broker Sanctioned by Regulators-St. Petersburg, FL 150 150 Rex Securities Law

January 21, 2016- St. Petersburg, FL

Michael William Hajek, III entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that while he was registered with Genworth Financial Securities , Cetera Financial Specialists  and NFP Securities,  he was involved in numerous outside business activities in violation of NASD and FINRA Rules.

In addition to the undisclosed outside business activities, FINRA also alleged that Hajek participated in at least 12 private securities transactions effected in customer’s self directed IRAs totaling more than $2.3 million.

AWC No.  2013037390801

Hajek was fined $35,000 and suspended for 18 months.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

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