Joseph Lianzo Suspended by FINRA Over Excessive Fees
by Admin Istrator | December 3, 2021 8:45 pm
Joseph Lianzo (CRD 4516842) has been suspended by FINRA. The suspension was announced in August 2021. Here are the important details:
Fast Facts About Joseph Lianzo’s Suspension
- The suspension started on September 20, 2021 and will end on May 19, 2022.
- The suspension involved excessive trading in customer accounts. Specifically, FINRA cited one customer who paid $127,506 in commissions and lost $293,308.
- Joseph Lianzo is associated with SW Financial in Melville, New York. He was previously registered with Arive Capital Markets and Laidlaw & Company.
- According to FINRA, “in light of Lianzo’s financial status, no monetary sanction has been imposed.”
- Joseph Lianzo has a history of investor complaints, including complaints related to churning and excessive fees.
Copy of FINRA’s AWC with Lianzo
2018058278601-Joseph-A.-Lianzo-CRD-4516842-AWC-va-2021-1633047612614[1]Download[2]
Did You Lose Money Investing with Joseph Lianzo?
Endnotes:
- 2018058278601-Joseph-A.-Lianzo-CRD-4516842-AWC-va-2021-1633047612614: https://mdf-law.com/wp-content/uploads/2021/11/2018058278601-Joseph-A.-Lianzo-CRD-4516842-AWC-va-2021-1633047612614.pdf
- Download: https://mdf-law.com/wp-content/uploads/2021/11/2018058278601-Joseph-A.-Lianzo-CRD-4516842-AWC-va-2021-1633047612614.pdf
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