Lori Antolovic-Raymond James Broker-Discloses Regulatory Event-Dallas, TX

Lori Antolovic-Raymond James Broker-Discloses Regulatory Event-Dallas, TX

Lori Antolovic-Raymond James Broker-Discloses Regulatory Event-Dallas, TX 150 150 Rex Securities Law

June 2020-Dallas, TX

According to publicly available records of Lori S. Antolovic ,  a  stockbroker employed with Raymond James & Associates, Inc. ,  discloses  a regulatory event .

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In August of 2019, FINRA  suspended  Antolovic  from the securities industry for three months and fined her $7,500 after finding that in connection with an underwriting of municipal securities in a conduit financing for a company, she violated MSRB Rule G-17 by failing to confirm that an Individual, a member of the company’s board of directors, had authority to direct the payment of a $2 million development fee to a company he controlled from the proceeds of the offering. The findings stated that, in email communications with Antolovic, the individual made several statements suggesting that perhaps he had not informed the company of all the specific costs to be paid out of the cost of issuance. Despite these indications that other officials at the company may not have known of this material aspect of the financing, Antolovic made provision in the offering for the payment of the fee. In fact, the company had not specifically authorized the $2 million payment. Antolovic disclosed the fee to the company shortly before the issuance and it later demanded that the other company return the fee.

Antolovic  has been employed by Raymond James & Associates, Inc.   since January of 2013.      Prior to that time she was with Morgan Keegan & Compnay,  ABN Amro Incorporated and Stephens, Inc.

If you have questions about  an account handled by Lori Sullivan Antolovic  ,call to speak with an experienced securities attorney.

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 


This site is protected by wp-copyrightpro.com

%d bloggers like this: