Steven Musielski Investigation
April 2022- Anaheim, CA
The FINRA records of Steven D. Musielski , a former financial advisor who was last employed by Cambria Capital, disclose a regulatory event, a customer dispute and a termination from employment.
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 11/2021 in FINRA case#2021070896602 Musielski consented to the sanction and to the entry of findings that he refused to provide documents and information requested by FINRA in connection with its investigation into his sales practice activity. The findings stated that the request sought to investigate Musielski’s potential exercise of discretion without written authorization, potential excessive trading and potentially unsuitable investments in leveraged and inverse-leveraged securities. Musielski was permanently barred in all capacities from FINRA.
In August 2021 Musielski resigned from employment with Cambria Captial after allegations that he possibly utilized time and price discretion for a period longer than the date an order was received.
Steven Musielski was with Cambria Capital from January 2019 to September 2021.
If you have losses in an account handled by Steven Musielski contact us for a no charge consultation to learn how you may be able to recover damages through FINRA arbitration.
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.
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