Tag Archives: Citigroup Global Markets complaint

John M. Gregory-Former Citigroup Broker-Discloses Termination from Employment

White Plains, New York

According to FINRA records,  John M. Gregory   a stockbroker  who currently works  for Prospera Financial Services , discloses  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.

Gregory discloses  that in 3/2015 he was discharged from CItigroup Global Markets. The discharge came following a review of documents in which the client signed documents in blan, some of which were later attached to prepopulated forms, and it appears that there is altered information on other forms, according to the company.

Gregory was employed by Citigroup Global Markets from 12/2010-4/2015. He has been employed by Prospera Financial Services since 4/2015.

 

If you have questions about an account handled  by John M. Gregory, 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

Texas Securities Commissioner John Morgan Fines Citigroup Global Markets $35,000

August 18, 2015-Austin, Texas

John Morgan, Texas Securities Commissioner entered a Consent Order finding that Citigroup Global Markets, Inc. failed to monitor the registration status of sales assistants, some of whom accepted client orders without being properly licensed in Texas.

Citigroup was reprimanded and ordered to pay a fine of $35,000.

Texas participated in a multistate investigation into the practices of Citigroup Global and other brokerage firms in supervising sales assistants. The Order requires Citigroup to establish and maintain policies and procedures to ensure  compliance with state securities registration laws.

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