Last Updated: September 2023 (New York, NY)
Dominic Carlo Investigation Summary
Here’s what you need to know about New York, NY, stockbroker Dominic Carlo:
- Name: Mr. Dominic Joseph Carlo
- Current Employer: Ceros Financial Services
- Previous Firms: National Securities Corp. , J.P. Turner & Co.
- Function: Stock Broker/ Financial Advisor
- Aliases: None
- Primary Location: New York, NY
- CRD 2731304
- Can Dominic Carlo be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Dominic Carlo As Your Stockbroker?
In 7/2023 FINRA suspended Dominic Carlo for 10 days (ending 8/18/23) and fined him $2,500 and entered findings that he exercised discretion in customer accounts without prior written authorizations from the customers and without his member firm have accepted the accounts as discretionary. In addition, Carlo completed and submitted compliance questionnaires to his firm that inaccurately stated that he had not exercised discretionary authority in customer accounts.
Allegations of Broker Misconduct Against Dominic Carlo by FINRA
A securities regulator has made findings that Dominic Carlo committed the following wrongdoing in connection with the handling of customer accounts:
- Unauthorized Trading
- Exercising discretion in customer accounts without written authorization
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.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Dominic Carlo contact us for a complimentary consultation with an experience securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
