Last Updated: July 2025 – Boca Raton, FL
Here’s what you need to know about Boca Raton, FL, stockbroker Scott Matalon:
- Name: Scott Jay Matalon
- CRD Number: 4637378
- Function: Stockbroker / Financial Advisor
- Current Employer: Barred by FINRA from acting as a broker
- Prior Employers: RBC Capital Markets, LLC (Jericho, NY), Ameriprise Financial Services, Inc. (New York, NY), National Securities Corporation (Westbury, NY), Gilford Securities Incorporated (Melville, NY), Newbridge Securities Corporation (Farmingdale, NY), Securities Service Network, Inc. (Knoxville, TN), Cantella & Co., Inc. (Malden, MA), First Republic Group, LLC (New York, NY)
- Primary Location: Boca Raton, FL
- Sanctioned by FINRA: Yes
- Criminal Charges Pending: Yes
- Highest Award or Settlement: Two settled customer disputes
- Can Scott Matalon be sued in FINRA arbitration? Yes
- Highest Settlement orAward: $901,542
If you’ve sustained damages from Mr. Matalon, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Scott Jay Matalon As Your Stockbroker?
Scott Jay Matalon has a significant disciplinary record, including a permanent bar from the securities industry by FINRA as of June 6, 2023. The bar resulted from Matalon’s refusal to provide documents and information requested by FINRA during an investigation into allegations made by a client. (FINRA Docket No. 2023078170101). Such refusal violates FINRA Rule 8210, which requires brokers to cooperate fully with regulatory requests.
Matalon’s record discloses two customer disputes involving allegations of unsuitable recommendations and misappropriation.
- First dispute: Customers of RBC Capital contended Matalon made unsuitable investment recommendations in IPOs and structured products between August 2019 and July 2021. The claim settled for $500,000 (FINRA Case No. 23-03211).
- Second dispute: Related to alleged misconduct at Ameriprise Financial Services. The claimants alleged negligence, misrepresentation, unsuitability, failure to supervise, conspiracy to convert funds, and breach of fiduciary duty involving annuity and insurance products. The case was tried before a FINRA arbitration panel which awarded $901,542 (FINRA Case No. 22-01619) in 7/2024.
Matalon is facing pending felony criminal charges in Broward County, FL (Docket No. 21006404CF10A), including:
- Kidnapping to inflict bodily harm
- False imprisonment of an adult
- Domestic battery by strangulation
- Battery (touch or strike)
A plea of not guilty has been entered on all counts.
These allegations implicate key FINRA rules, including FINRA Rule 2111 (Suitability) — requiring brokers to make recommendations suitable for clients — and FINRA Rule 2010, which mandates high standards of commercial honor and just and equitable principles of trade.
Allegations of Broker Misconduct Against Scott Jay Matalon
- Unsuitable recommendations
- Misrepresentation
- Negligence
- Failure to supervise
- Conspiracy to convert client funds
- Breach of fiduciary duty
- Pending felony criminal charges
Other Cases Involving Unauthorized Trading
Investigations involving Theft and Misappropriation of Customer Funds
Recover Your Investment Losses Now With Rex Securities Law
Other Investigations of RBC Capital Markets Brokers
If you have suffered investment losses in an account handled by Scott Jay Matalon, contact us for a complimentary consultation with an experienced 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.