What Did Your Brokerage Firm or Investment Adviser Do Wrong With GWG
Published On: September 18, 2015

Stoltmann Law Offices is investigating Joseph Peter Canciglia, who entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). He was fined $10,000 and suspended from associating with any FINRA member firm for 45 days. Canciglia was associated with Janney Montgomery Scott. FINRA accused Canciglia of exercising discretion in customer accounts without the customer’s written authorization to place discretionary trades and without his member firm’s approval and acceptance of the accounts as discretionary. This took place from 2010 through 2013 on various occasions.

Joseph Peter Canciglia was registered with Prudential Securities Inc. in New York, New York from March 1999 until January 2002, Gruntal & Co. in New York from February 2002 until May 2002, Ryan Beck & Co in Fort Lee, New Jersey from April 2002 until July 2007 and Stifel, Nicolaus & Company in Hackensack, New Jersey from July 2007 until May 2014. He is currently registered with Janney Montgomery Scott in Hackensack and has been since May 2014.

If you invested money with Canciglia, please call our securities law office in Chicago, Illinois at 312-332-4200 for a free consultation with an attorney. We sue firms such as Janney Montgomery Scott for failing to supervise their representatives.

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