Category Archives: Montana Office of Securities and Insurance

Windsor Street Capital (f/k/a Meyers Associates) Has Numerous Regulatory Events

May 2018 —According to FINRA records,  stock brokerage firm Windsor Street Capital LP (formerly known as Meyers Associates) discloses 3 pending regulatory events, 20 regulatory events that are final and 12 final arbitrations.

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.

Windsor Street Capital is an independent full-service broker-dealer and has been a FINRA member since 1994. They are headquartered in New York City and are registered in 50 U.S, states and territories. Windsor Street Capital has branch offices in New York, Florida, Virginia, Pennsylvania and Arizona.

The pending regulatory matters include:

  • FINRA Case 2015046971701-alleging failures in the supervisory systems designed to detect churning and excessive trading in customer accounts.

Windsor Street Capital is currently appealing the following regulatory matters:

  • In November 2016 a FINRA hearing panel fined Windsor Street Capital $350,000 and assessed other sanctions for supervisory failures related to the dissemination of sales literature and research and supervisory failures related to the detection of potentially suspicious activity relating to the manipulative trading of securities. FINRA Case 2013035533701. 
  • In 1/2018, a FINRA hearing panel fined Windsor Street Capital $700,000 and assessed other sanctions related to the distribution of misleading and unbalanced advertising materials. FINRA Case 2010020954501.

Windsor Street Capital‘s prior regulatory events include:

  • January 2017- Cease and desist issued by Securities and Exchange Commission and $200,000 fine to resolve allegations related to the sale of hundreds of millions of penny stock shares without performing adequate due diligence.
  • December 2015-Fine and disgorgement of $19,265 assessed by Montana Securities Commissioner for failing to supervise one of its brokers excessive trading in accounts of 3 Montana residents.
  • March 2015- Cease and desist and $50,000 fine assessed by Connecticut regulators to resolve allegations that the firm failed to discharge their supervisory responsibilities, sold unregistered securities and engaged in dishonest or unethical practices in the securities business.

If you have questions about how to recover losses in an account you had with Windsor Street Capital , call for a no charge consultation.

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

Rocco Guidicipietro-Alexander Capital Broker-Discloses Pending Regulatory Matter and Settlement of Customer Disputes-New York

April 2018- New York

According to FINRA records,  Rocco G. Guidicipietro (aka Rocco Peters)  discloses a pending regulatory matter, a prior regulatory matter and  three settled customer disputes.

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 12/2016 securities regulators from the State of Montana filed an action in which they seek civil and administrative penalties and fines, restitution and revocation of Guidicipietro’s licensing in that state for failure to supervise. That matter is currently pending.

The settled customer disputes include:

  • FINRA Case 14-3184- a customer while Guidicipietro was registered with J.P. Turner & Co. alleged damages of $1,500,000 for churning, unsuitable investments, common law fraud, breach of fiduciary duty and breach of contract. That case was settled for $450,000.
  • FINRA Case 11-02452- a customer while Guidicipietro was registered with J.P. Turner & Co. alleged damages of $803,637 for failure to supervise. That case was settled for $635,000.

According to FINRA records,Guidicipietro  has been  registered with Alexander Capital since 2/2012.  He was previously registered with Legend Securities from 9/2010-2/2012 and with J.P. Turner from 9/1998-9/2010.

If you have losses in an account handled by Rocco G. Guidicipietro (Rocco Peters)  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Ryan M. Murnane-Former Alexander Capital Broker-Discloses Discharge and Customer/Regulatory Complaints

March 2017-New York

According to publicly available records Ryan M. Murnane  , (CRD# 4784140) ,  a   former stockbroker who last worked for Alexander Capital and Woodstock Financial Group,  discloses a pending customer dispute, 5 prior final customer disputes, a regulatory investigation, a termination from employment and 2 outstanding judgment/liens.

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 January 2017, Murnane was discharged by Woodstock Financial Group who made the following allegation on his FINRA record: “Rep destroyed the personal computer of another registered person and rep had a New York State Tax lien the he failed to disclose to us (it was discovered by FINRA)”

In February 2017 Montana securities regulators commenced an investigation after a resident of that state complained that he had been contacted numerous times by Murnane, who was not registered to do business in the state of Montana.

Murnane also worked for Rockwell Securities from 10/2010-12/2013.

If you have questions about  an investment account handled by Ryan M. Murnane  , call for a no charge consultation.

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