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.
The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.