According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), Mark Schklar allegedly participated in private securities transactions by recommending and facilitating the sale of shares in a company that manufactured equipment used to grow marijuana. This occurred between February 2013 and January 2015, and Schklar did not disclose this to his member firm. Schklar also allegedly loaned $80,000 to customer without obtaining approval from his firm. This is also against securities laws. For this, he was fined $10,000 and suspended for eight months.
Schklar was registered with H.L. Camp & Co.,Heidtke & Co., J.C. Bradford & Co., Dickinson & Co., Birchtree Financial Services, FAS Wealth Management Services, Roan-Meyers Associates, Bergen Capital, Scott & Stringfellow, BB&T Securities and Ridgeway & Conger in New Woodstock, New York from January 2015 until May 2016. He has five customer disputes against him and is currently not registered within the industry. Please call our law firm today if you suffered losses with Mr. Schklar. We may be able to help you recover them on a contingency fee basis. The call to us is free with no obligation. 312-332-4200.
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