April 2020-San Antonio, TX
The FINRA records of Stephen A. Encino, a broker previously employed by NYLife Securities, disclose a regulatory event resulting in his bar from the securities industry.
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.
In September 2019, Encino was permanently barred from the securities industry by the Securities and Exchange Commission after failing to respond to FINRA request for information in connection with a regulatory investigation.
Encino was employed with NYLife Securities from December 2014 until February 2019.
If you have problems in an account handled by Stephen Encino call for a no charge consultation .
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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