Gabriel Hynes Entered Into An AWC With FINRA: What Investors Can Do

According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), Gabriel Hynes allegedly purchased securities in four different companies through private offerings conducted outside the scope of his employment with NYLife. He also failed to give NYLife notice of these transactions. This occurred from 2008 through May 2014. In January 2014, Hynes opened an account at another member firm and maintained the account through his association with NYLife. This is a violation of securities laws and firm rules. For this, he was fined $10,000 and suspended from the industry for three months. Hynes was previously registered with A.G. Edwards & Sons in St. Louis, Missouri from January 1999 until December 2000 and NYLife Securities in St. Augustine, Florida from January 2001 until June 2017. He has one customer dispute settled against him, and is currently not registered within the industry. If you would like to sue NYLife for Hynes losses, you may be able to in the FINRA arbitration forum. NYLife may be liable for losses sustained because it failed to reasonably supervise the Mr. Hynes while he was registered there. Please call today, as there is a statute of limitations on most cases. The call is free with no obligation. Attorneys are standing by.