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BrokerCheck Report

ANTHONY DIAZ

Section Title

Report Summary

Broker Qualifications

Registration and Employment History

Disclosure Events

CRD# 4131948

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Page(s)

http://www.finra.org

About BrokerCheck®

BrokerCheck offers information on all current, and many former, registered securities brokers, and all current and formerregistered securities firms. FINRA strongly encourages investors to use BrokerCheck to check the background ofsecurities brokers and brokerage firms before deciding to conduct, or continue to conduct, business with them.

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brokercheck.finra.org


https://www.AdviserInfo.sec.gov

http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/P455414


http://brokercheck.finra.org/Support/Terms

ANTHONY DIAZ

CRD# 4131948

This broker is not currently registered.

Report Summary for this Broker

This report summary provides an overview of the broker's professional background and conduct. Additionalinformation can be found in the detailed report.

Disclosure Events

All individuals registered to sell securities or provideinvestment advice are required to disclose customercomplaints and arbitrations, regulatory actions,employment terminations, bankruptcy filings, andcriminal or civil judicial proceedings.

Are there events disclosed about this broker? Yes

The following types of disclosures have beenreported:

Type Count

Regulatory Event 5

Customer Dispute 50

Termination 5

Judgment/Lien 2

Investment Adviser RepresentativeInformation

https://www.adviserinfo.sec.gov

The information below represents the individual'srecord as a broker. For details on this individual'srecord as an investment adviser representative,visit the SEC's Investment Adviser PublicDisclosure website at



This broker has passed:

2 Principal/Supervisory Exams

3 General Industry/Product Exams

2 State Securities Law Exams

Registration History

This broker was previously registered with thefollowing securities firm(s):

IBN FINANCIAL SERVICES, INC.CRD# 42360SCOTRUN, PA09/2012 - 04/2015

B

SANDLAPPER SECURITIES, LLCCRD# 137906SCOTRUN, PA03/2012 - 09/2012

B

INTERNATIONAL FINANCIAL SOLUTIONS,INC.CRD# 40375SCOTRUN, PA08/2011 - 03/2012

B

www.finra.org/brokercheck User Guidance

1�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.


https://adviserinfo.sec.gov/individual/summary/4131948

http://www.finra.org/brokercheck

http://www.finra.org/brokercheck_reports



Registrations

This section provides the self-regulatory organizations (SROs) and U.S. states/territories the broker is currently registered and licensed with, thecategory of each license, and the date on which it became effective. This section also provides, for every brokerage firm with which the broker iscurrently employed, the address of each branch where the broker works.








Industry Exams this Broker has Passed

This individual has passed 2 principal/supervisory exams, 3 general industry/product exams, and 2 state securities law exams.

This section includes all securities industry exams that the broker has passed. Under limited circumstances, a broker may attain a registrationafter receiving an exam waiver based on exams the broker has passed and/or qualifying work experience. Any exam waivers that the broker hasreceived are not included below.

Exam Category Date

Principal/Supervisory Exams

General Securities Sales Supervisor - Options Module Examination 03/29/2003Series 9B

General Securities Sales Supervisor - General Module Examination 02/24/2003Series 10B

Exam Category Date

General Industry/Product Exams

Securities Industry Essentials Examination 04/23/2015SIEB

General Securities Representative Examination 07/24/2000Series 7B

Investment Company Products/Variable Contracts RepresentativeExamination

03/10/2000Series 6B

Exam Category Date

State Securities Law Exams

Uniform Investment Adviser Law Examination 12/08/2003Series 65IA

Uniform Securities Agent State Law Examination 08/26/2000Series 63B

Additional information about the above exams or other exams FINRA administers to brokers and other securities professionals can be found atwww.finra.org/brokerqualifications/registeredrep/.





www.finra.org/brokerqualifications/registeredrep/



Professional Designations

This section details that the representative has reported 0 professional designation(s).

No information reported.







Registration History

Registration Dates Firm Name CRD# Branch Location

The broker previously was registered with the following firms:

B 09/2012 - 04/2015 IBN FINANCIAL SERVICES, INC. 42360 SCOTRUN, PA

B 03/2012 - 09/2012 SANDLAPPER SECURITIES, LLC 137906 SCOTRUN, PA

B 08/2011 - 03/2012 INTERNATIONAL FINANCIAL SOLUTIONS,INC.

40375 SCOTRUN, PA

B 04/2011 - 08/2011 KOVACK SECURITIES INC. 44848 SCOTRUN, PA

B 03/2010 - 04/2011 MATRIX CAPITAL GROUP, INC. 33364 NEW YORK, NY

B 03/2009 - 03/2010 SII INVESTMENTS, INC. 2225 SCOTRUN, PA

B 06/2005 - 04/2009 FIRST ALLIED SECURITIES, INC. 32444 SCOTRUN, PA

B 12/2004 - 06/2005 ROUND HILL SECURITIES, INC. 35223 ALAMO, CA

B 12/2002 - 12/2004 RAYMOND JAMES FINANCIAL SERVICES,INC.

6694 ST. PETERSBURG, FL

B 07/2000 - 12/2002 EDWARD JONES 250 ST. LOUIS, MO

B 03/2000 - 06/2000 HORWITZ & ASSOCIATES, INC. 5611 HIGHLAND PARK, IL

Employment History

Employment Employer Name Investment RelatedPosition Employer Location

This section provides up to 10 years of an individual broker's employment history as reported by the individual broker on the most recently filedForm U4.

Please note that the broker is required to provide this information only while registered with FINRA or a national securities exchangeand the information is not updated via Form U4 after the broker ceases to be registered. Therefore, an employment end date of"Present" may not reflect the broker's current employment status.

09/2012 - Present IBN FINANCIAL SERVICES, INC. SALES REP Y LIVERPOOL, NY, UnitedStates

10/1998 - Present RJAD AND ANTHONY DIAZ INC. REAL ESTATE MGT N SCOTTRUN, PA, UnitedStates







Employment History, continued

Employment Employer Name Investment RelatedPosition Employer Location

07/2012 - 09/2012 SANDLAPPER WEALTH MANAGEMENT,LLC

INVESTMENTADVISORREPRESENTATIVE

Y SCOTRUN, PA, UnitedStates

03/2012 - 09/2012 SANDLAPPER SECURITIES, LLC INDEPENDENTREGISTEREDREPRESENTATIVE

Y GREENVILLE, SC, UnitedStates

08/2011 - 03/2012 IFS ADVISORY, LLC INVESTMENTADVISERREPRESENTATIVE

Y ATLANTA, GA, United States

08/2011 - 03/2012 INTERNATIONAL FINANCIALSOLUTIONS, INC.

REGISTEREDREPRESENTATIVE

Y ATLANTA, GA, United States

04/2011 - 08/2011 KOVACK ADVISORS INVESTMENTADVISOR

Y FT. LAUDERDALE, FL,United States

04/2011 - 08/2011 KOVACK SECURITIES, INC. REGISTERED REP Y FT. LAUDERDALE, FL,United States

03/2010 - 04/2011 MATRIX CAPITAL GROUP REGISTEREDREPRESENTATIVE

Y NEW YORK, NY, UnitedStates

Other Business Activities

This section includes information, if any, as provided by the broker regarding other business activities the broker is currently engaged in either asa proprietor, partner, officer, director, employee, trustee, agent or otherwise. This section does not include non-investment related activity that isexclusively charitable, civic, religious or fraternal and is recognized as tax exempt.

DBA: "FINANCIAL PLANNERS GROUP OF AMERICA," WHICH PROVIDES FINANCIAL SERVICES.DBA: "WEALTH MANAGEMENT GROUP OF AMERICA," WHICH PROVIDES FINANCIAL SERVICES. OWNS "DIAZ PROPERTY HOLDINGS,LLC," WHICH OWNS RENTAL PROPERTIES.OWNS "ANTHONY DIAZ, INC." WHICH OPERATES RR, DIAZ'S FINANCIAL SERVICES BUSINESS.






Disclosure Events

What you should know about reported disclosure events:

1. All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations,regulatory actions, employment terminations, bankruptcy filings, and criminal or civil judicial proceedings.

2. Certain thresholds must be met before an event is reported to CRD, for example: o A law enforcement agency must file formal charges before a broker is required to disclose a particular criminal event. o A customer dispute must involve allegations that a broker engaged in activity that violates certain rules or conduct governing the

industry and that the activity resulted in damages of at least $5,000. o

3. Disclosure events in BrokerCheck reports come from different sources: o As mentioned at the beginning of this report, information contained in BrokerCheck comes from brokers, brokerage firms and

regulators. When more than one of these sources reports information for the same disclosure event, all versions of the event willappear in the BrokerCheck report. The different versions will be separated by a solid line with the reporting source labeled.

o4. There are different statuses and dispositions for disclosure events:

o A disclosure event may have a status of pending, on appeal, or final.§ A "pending" event involves allegations that have not been proven or formally adjudicated.§ An event that is "on appeal" involves allegations that have been adjudicated but are currently being appealed.§ A "final" event has been concluded and its resolution is not subject to change.

o A final event generally has a disposition of adjudicated, settled or otherwise resolved.§ An "adjudicated" matter includes a disposition by (1) a court of law in a criminal or civil matter, or (2) an administrative

panel in an action brought by a regulator that is contested by the party charged with some alleged wrongdoing.§ A "settled" matter generally involves an agreement by the parties to resolve the matter. Please note that brokers and

brokerage firms may choose to settle customer disputes or regulatory matters for business or other reasons.§ A "resolved" matter usually involves no payment to the customer and no finding of wrongdoing on the part of the

individual broker. Such matters generally involve customer disputes.

For your convenience, below is a matrix of the number and status of disclosure events involving this broker. Further informationregarding these events can be found in the subsequent pages of this report. You also may wish to contact the broker to obtain furtherinformation regarding these events.

Final On AppealPending

Regulatory Event 0 5 0

Customer Dispute 1 49 N/A

Termination N/A 5 N/A

Judgment/Lien 2 N/A N/A






Disclosure Event Details

When evaluating this information, please keep in mind that a discloure event may be pending or involve allegations that are contested and havenot been resolved or proven. The matter may, in the end, be withdrawn, dismissed, resolved in favor of the broker, or concluded through anegotiated settlement for certain business reasons (e.g., to maintain customer relationships or to limit the litigation costs associated with disputingthe allegations) with no admission or finding of wrongdoing.

This report provides the information exactly as it was reported to CRD and therefore some of the specific data fields contained in the report maybe blank if the information was not provided to CRD.

Regulatory - Final

This type of disclosure event may involve (1) a final, formal proceeding initiated by a regulatory authority (e.g., a state securities agency, self-regulatory organization, federal regulatory such as the Securities and Exchange Commission, foreign financial regulatory body) for a violation ofinvestment-related rules or regulations; or (2) a revocation or suspension of a broker's authority to act as an attorney, accountant, or federalcontractor.

Disclosure 1 of 5

Reporting Source: Regulator

Regulatory Action InitiatedBy:

FINRA

Sanction(s) Sought: Suspension

Date Initiated: 04/30/2018

Docket/Case Number: 16-01293

Employing firm when activityoccurred which led to theregulatory action:

n/a

Product Type: No Product

Allegations: Respondent Diaz failed to comply with an arbitration award or settlementagreement or to satisfactorily respond to a FINRA request to provide informationconcerning the status of compliance.

Current Status: Final

Resolution: Letter

Does the order constitute afinal order based onviolations of any laws orregulations that prohibitfraudulent, manipulative, ordeceptive conduct?





https://www.finra.org/arbitration-mediation/arbitration-awards-online?search=16-01293


Resolution Date: 04/30/2018

Sanctions Ordered:


No

Suspension

If the regulator is the SEC,CFTC, or an SRO, did theaction result in a finding of awillful violation or failure tosupervise?

No

(1) willfully violated anyprovision of the SecuritiesAct of 1933, the SecuritiesExchange Act of 1934, theInvestment Advisers Act of1940, the InvestmentCompany Act of 1940, theCommodity Exchange Act, orany rule or regulation underany of such Acts, or any ofthe rules of the MunicipalSecurities Rulemaking Board,or to have been unable tocomply with any provision ofsuch Act, rule or regulation?

(2) willfully aided, abetted,counseled, commanded,induced, or procured theviolation by any person ofany provision of theSecurities Act of 1933, theSecurities Exchange Act of1934, the InvestmentAdvisers Act of 1940, theInvestment Company Act of1940, the CommodityExchange Act, or any rule orregulation under any of suchActs, or any of the rules ofthe Municipal SecuritiesRulemaking Board? or






Regulator Statement Pursuant to Article VI, Section 3 of FINRA By-Laws, and FINRA Rule 9554,Respondent Diaz is suspended on April 30, 2018 for failure to comply with anarbitration award or settlement agreement or to satisfactorily respond to a FINRArequest to provide information concerning the status of compliance.


(3) failed reasonably tosupervise another personsubject to your supervision,with a view to preventing theviolation by such person ofany provision of theSecurities Act of 1933, theSecurities Exchange Act of1934, the InvestmentAdvisers Act of 1940, theInvestment Company Act of1940, the CommodityExchange Act, or any rule orregulation under any suchActs, or any of the rules ofthe Municipal SecuritiesRulemaking Board?

Capacities Affected: All capacities

Duration: Indefinite

Start Date: 04/30/2018

End Date:

Sanction 1 of 1

Sanction Type: Suspension






Regulator Statement Pursuant to Article VI, Section 3 of FINRA By-Laws, and FINRA Rule 9554,Respondent Diaz is suspended on April 30, 2018 for failure to comply with anarbitration award or settlement agreement or to satisfactorily respond to a FINRArequest to provide information concerning the status of compliance.

Disclosure 2 of 5

i



New Jersey Bureau of Securities

Sanction(s) Sought: Revocation


Docket/Case Number: N/A

URL for Regulatory Action: http://www.njconsumeraffairs.gov/Actions/Diaz_revocation_13April2017.pdf


IBN Financial Services, Inc. (CRD# 42360)


Allegations: DIAZ IS THE SUBJECT OF AN ORDER BY A SELF-REGULATORYORGANIZATION EXPELLING HIM FROM A NATIONAL SECURITIESASSOCIATION. DIAZ IS THE SUBJECT OF AN ORDER BY A STATESECURITIES ADMINISTRATOR REVOKING HIS REGISTRATION.


Resolution: Order


Sanctions Ordered:


No

RevocationOther: Diaz is denied all exemptions contained in N.J.S.A. 49:3-50subsections (a) paragraph 9, 10, and 11 and subsection (b); and it is furtherORDERED that the exemptions to the registration requirements provided byN.J.S.A. 49:3-56(b), N.J.S.A. 49:3-56(c) and N.J.S.A.49:3-56(g) are herebydenied.






Regulator Statement Having consented to a permanent bar from association with any FINRA member,Diaz has effectively been expelled from a self-regulatory organization. This iscause, pursuant to N.J.S.A. 49:3-58(a)(2)(vi), to revoke Diaz's agent registration.Having consented to a permanent revocation of his agent registration and a barfrom representing an issuer offering or selling securities in the Commonwealth ofPennsylvania, acting as a promoter, officer, director, or partner (or individualoccupying a similar status or performing similar functions); offering or sellingsecurities in the Commonwealth of Pennsylvania, or of a person who controls or iscontrolled by such issuer, or being registered as a broker-dealer, agent, investmentadviser or investment adviser representative, Diaz's agent registration has beeneffectively revoked by a state securities administrator. This is cause, pursuant toN.J.S.A. 49:3-58(a)(2)(vi), to revoke Diaz's agent registration.

RevocationOther: Diaz is denied all exemptions contained in N.J.S.A. 49:3-50subsections (a) paragraph 9, 10, and 11 and subsection (b); and it is furtherORDERED that the exemptions to the registration requirements provided byN.J.S.A. 49:3-56(b), N.J.S.A. 49:3-56(c) and N.J.S.A.49:3-56(g) are herebydenied.

Disclosure 3 of 5

i



FINRA

Sanction(s) Sought: Suspension


Docket/Case Number: 13-00323


N/A


Allegations: Respondent Diaz failed to comply with an arbitration award or settlementagreement or to satisfactorily respond to a FINRA request to provide informationconcerning the status of compliance.


Resolution: Letter

Resolution Date:


No








Sanctions Ordered: Suspension


No









Regulator Statement Pursuant to Article VI, Section 3 of FINRA By-Laws, and FINRA Rule 9554,Respondent Diaz is suspended on November 3, 2015 for failure to comply with anarbitration award or settlement agreement or to satisfactorily respond to a FINRArequest to provide information concerning the status of compliance.


Capacities Affected: any capacity

Duration: N/A


End Date:

Sanction 1 of 1

Sanction Type: Suspension

Disclosure 4 of 5

i



PENNSYLVANIA CONTACT: COUNSEL JACK CHIAPPETTA (412)-565-3646

Sanction(s) Sought: BarMonetary Penalty other than FinesRevocation


Docket/Case Number:






Docket/Case Number: 2014-03-04 (#150012)

URL for Regulatory Action:


Product Type: Other: LIMITED PARTNERSHIP INTERESTS

Allegations: ANTHONY DIAZ (RESPONDENT) ENGAGED IN DISHONEST OR UNETHICALPRACTICES IN THE SECURITIES BUSINESS AND TOOK UNFAIR ADVANTAGEOF PA CUSTOMERS, AND HAS IN CONNECTION WITH THE OFFER, SALE ORPURCHASE OF A SECURITY IN PA, DIRECTLY OR INDIRECTLY EMPLOYED ADEVICE, SCHEME OR ARTIFICE TO DEFRAUD, AND MADE UNTRUESTATEMENTS OF MATERIAL FACT OR OMITTED TO STATE A MATERIAL FACTNECESSARY IN ORDER TO MAKE THE STATEMENTS MADE, IN THE LIGHTOF THE CIRCUMSTANCES UNDER WHICH THEY WERE MADE, NOTMISLEADING. IN DOING SO, RESPONDENT HAS ENGAGED IN ACTS,PRACTICES OR COURSES OF BUSINESS WHICH OPERATED OR WOULDOPERATE AS A FRAUD OR DECEIT UPON PA RESIDENTS, AND INDUCED ORATTEMPTED TO INDUCE THE PURCHASE OR SALE OF SECURITIES BYMEANS OF A MANIPULATIVE, DECEPTIVE, OR FRAUDULENT SCHEME.


Resolution: CONSENT AGREEMENT AND ORDER


Sanctions Ordered:


Yes

Bar (Permanent)Monetary Penalty other than FinesRevocationOther: THE PENNSYLVANIA DEPARTMENT OF BANKING AND SECURITIESHEREBY PERMANENTLY REVOKES THE AGENT REGISTRATION OFANTHONY DIAZ.

Capacities Affected: ALL CAPACITIES

Sanction 1 of 1

Sanction Type: Bar (Permanent)






Regulator Statement CONSENT AGREEMENT AND ORDER ISSUED TO ANTHONY DIAZ.

Duration: PERMANENT


End Date:

Monetary Related Sanction: Monetary Penalty other than Fines

Total Amount: $10,000.00

Portion Levied againstindividual:

$10,000.00

Date Paid by individual: 06/04/2015

Was any portion of penaltywaived?

No

Amount Waived:

Monetary Sanction 1 of 1

Payment Plan:

Is Payment Plan Current: Yes

Disclosure 5 of 5

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FINRA

Sanction(s) Sought: Other: N/A


Docket/Case Number: 2011030254902


EDWARD JONES; RAYMOND JAMES FINANCIAL SERVICES, INC.; FIRSTALLIED SECURITIES, INC.; SII INVESTMENTS, INC.; KOVACK SECURITIESINC.; SANDLAPPER SECURITIES, LLC; MATRIX CAPITAL GROUP, INC.;INTERNATIONAL FINANCIAL SOLUTIONS, INC.

Product Type: Annuity-VariableOther: DIRECT PARTICIPATION PARTNERSHIPS; REITS

Allegations: DIAZ WAS NAMED A RESPONDENT IN A FINRA COMPLAINT ALLEGING THATHE DID NOT HAVE A REASONABLE BASIS FOR RECOMMENDING THATCUSTOMERS MAKE VARIABLE ANNUITY EXCHANGES. THE COMPLAINTALLEGES THAT DIAZ FAILED TO MAKE AN INDIVIDUALIZED ASSESSMENTOF THE ADVANTAGES AND DISADVANTAGES OF THE RECOMMENDEDEXCHANGES AND FAILED TO UNDERSTAND THE FEATURES OF THEVARIABLE ANNUITY PRODUCT. THE COMPLAINT ALSO ALLEGES THAT DIAZFALSIFIED OR CAUSED THE FALSIFICATION OF THE REPORTED NETWORTH OF CUSTOMERS IN ORDER TO MAKE IT APPEAR THAT THEYSATISFIED THE MINIMUM NET WORTH REQUIREMENTS FOR CERTAINALTERNATIVE INVESTMENTS OR THE PROHIBITIONS AGAINST INVESTINGMORE THAN 10 PERCENT OF A CUSTOMER'S ASSETS INTO A SINGLEILLIQUID PRODUCT. DIAZ MISLED OR ATTEMPTED TO MISLEAD HISMEMBER FIRMS AND THE ALTERNATIVE INVESTMENT PRODUCT ISSUERSTO BELIEVE THAT THESE CUSTOMERS WERE ELIGIBLE TO PURCHASESTHE INVESTMENTS UNDER THE TERMS ESTABLISHED, WHEN IN FACTTHEY WERE NOT. DIAZ ATTEMPTED TO INDUCE AN INSURANCE COMPANYTO TRANSFER A CUSTOMER'S VARIABLE ANNUITY TO HIS CONTROL BYALTERING OR CAUSING THE ALTERATION OF THE SIGNATURE DATE ON ATRANSFER AUTHORIZATION FORM. THE COMPLAINT FURTHER ALLEGESTHAT DIAZ INTENTIONALLY OR RECKLESSLY MADE UNTRUE STATEMENTSOF MATERIAL FACT BY FALSELY TELLING FIVE CUSTOMERS THAT ONE ORMORE OF THE ALTERNATIVE INVESTMENTS WERE GUARANTEED TO PAY ASPECIFIC RATE OF RETURN AND TELLING TWO CUSTOMERS THAT THEINVESTMENTS WERE GUARANTEED. THIS CONDUCT VIOLATED SECTION10(B) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULE 10B-5THEREUNDER, NASD RULE 2120 AND FINRA RULE 2020. IN ADDITION, THECOMPLAINT ALLEGES THAT DIAZ FALSIFIED HIS FIRM'S BOOKS ANDRECORDS BY CREATING VARIABLE ANNUITY SWITCH FORMS WITH FALSEREASONS FOR THE EXCHANGES. DIAZ FALSIFIED OR CAUSED THE USE OFFALSIFICATION OF NET WORTH, INCOME, ASSETS, AND/OR RISKTOLERANCE INFORMATION FOR NINE CUSTOMERS, AND FORGED THESIGNATURE OF ONE CUSTOMER. MOREOVER, THE COMPLAINT ALLEGESTHAT DIAZ MADE UNAUTHORIZED TRADES IN THE ACCOUNTS OFCUSTOMERS. FURTHERMORE, THE COMPLAINT ALLEGES THAT DIAZ,FIRED FROM FOUR FIRMS, ROUTINELY ENGAGED IN EFFORTS TO MISLEADHIS CUSTOMERS INTO BELIEVING THAT HE HAD LEFT FIRMS VOLUNTARILY,BOTH THROUGH AFFIRMATIVE STATEMENTS AND THROUGH HISRESPONSE TO QUESTIONS ABOUT THE CIRCUMSTANCES UNDER WHICHHE LEFT THE FIRMS.





https://www.finra.org/rules-guidance/oversight-enforcement/finra-disciplinary-actions?search=2011030254902


DIAZ WAS NAMED A RESPONDENT IN A FINRA COMPLAINT ALLEGING THATHE DID NOT HAVE A REASONABLE BASIS FOR RECOMMENDING THATCUSTOMERS MAKE VARIABLE ANNUITY EXCHANGES. THE COMPLAINTALLEGES THAT DIAZ FAILED TO MAKE AN INDIVIDUALIZED ASSESSMENTOF THE ADVANTAGES AND DISADVANTAGES OF THE RECOMMENDEDEXCHANGES AND FAILED TO UNDERSTAND THE FEATURES OF THEVARIABLE ANNUITY PRODUCT. THE COMPLAINT ALSO ALLEGES THAT DIAZFALSIFIED OR CAUSED THE FALSIFICATION OF THE REPORTED NETWORTH OF CUSTOMERS IN ORDER TO MAKE IT APPEAR THAT THEYSATISFIED THE MINIMUM NET WORTH REQUIREMENTS FOR CERTAINALTERNATIVE INVESTMENTS OR THE PROHIBITIONS AGAINST INVESTINGMORE THAN 10 PERCENT OF A CUSTOMER'S ASSETS INTO A SINGLEILLIQUID PRODUCT. DIAZ MISLED OR ATTEMPTED TO MISLEAD HISMEMBER FIRMS AND THE ALTERNATIVE INVESTMENT PRODUCT ISSUERSTO BELIEVE THAT THESE CUSTOMERS WERE ELIGIBLE TO PURCHASESTHE INVESTMENTS UNDER THE TERMS ESTABLISHED, WHEN IN FACTTHEY WERE NOT. DIAZ ATTEMPTED TO INDUCE AN INSURANCE COMPANYTO TRANSFER A CUSTOMER'S VARIABLE ANNUITY TO HIS CONTROL BYALTERING OR CAUSING THE ALTERATION OF THE SIGNATURE DATE ON ATRANSFER AUTHORIZATION FORM. THE COMPLAINT FURTHER ALLEGESTHAT DIAZ INTENTIONALLY OR RECKLESSLY MADE UNTRUE STATEMENTSOF MATERIAL FACT BY FALSELY TELLING FIVE CUSTOMERS THAT ONE ORMORE OF THE ALTERNATIVE INVESTMENTS WERE GUARANTEED TO PAY ASPECIFIC RATE OF RETURN AND TELLING TWO CUSTOMERS THAT THEINVESTMENTS WERE GUARANTEED. THIS CONDUCT VIOLATED SECTION10(B) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULE 10B-5THEREUNDER, NASD RULE 2120 AND FINRA RULE 2020. IN ADDITION, THECOMPLAINT ALLEGES THAT DIAZ FALSIFIED HIS FIRM'S BOOKS ANDRECORDS BY CREATING VARIABLE ANNUITY SWITCH FORMS WITH FALSEREASONS FOR THE EXCHANGES. DIAZ FALSIFIED OR CAUSED THE USE OFFALSIFICATION OF NET WORTH, INCOME, ASSETS, AND/OR RISKTOLERANCE INFORMATION FOR NINE CUSTOMERS, AND FORGED THESIGNATURE OF ONE CUSTOMER. MOREOVER, THE COMPLAINT ALLEGESTHAT DIAZ MADE UNAUTHORIZED TRADES IN THE ACCOUNTS OFCUSTOMERS. FURTHERMORE, THE COMPLAINT ALLEGES THAT DIAZ,FIRED FROM FOUR FIRMS, ROUTINELY ENGAGED IN EFFORTS TO MISLEADHIS CUSTOMERS INTO BELIEVING THAT HE HAD LEFT FIRMS VOLUNTARILY,BOTH THROUGH AFFIRMATIVE STATEMENTS AND THROUGH HISRESPONSE TO QUESTIONS ABOUT THE CIRCUMSTANCES UNDER WHICHHE LEFT THE FIRMS.


Resolution: Decision & Order of Offer of Settlement

Does the order constitute afinal order based onviolations of any laws orregulations that prohibitfraudulent, manipulative, ordeceptive conduct? 17�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.






Sanctions Ordered:


Yes

Bar (Permanent)


No








Regulator Statement WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, DIAZ CONSENTEDTO THE SANCTION AND TO THE ENTRY OF FINDINGS THAT HE INDUCEDSEVERAL CUSTOMERS TO ENTER INTO VARIABLE ANNUITY EXCHANGES,OFTEN SUBJECT TO SIGNIFICANT SURRENDER CHARGES, WITHOUT AREASONABLE BASIS FOR RECOMMENDING THOSE EXCHANGES. DIAZ DIDNOT CONDUCT ANY QUANTITATIVE ANALYSIS OF THE FINANCIAL BENEFITOR DETRIMENT OF THE EXCHANGES TO HIS CUSTOMERS. DIAZ FAILED TOMAKE AN INDIVIDUALIZED ASSESSMENT OF THE ADVANTAGES ANDDISADVANTAGES OF THE RECOMMENDED EXCHANGES, AND ALSO FAILEDTO UNDERSTAND THE FEATURES OF THE VARIABLE ANNUITY PRODUCT.THE FINDINGS STATED THAT DIAZ FALSIFIED OR CAUSED THEFALSIFICATION OF THE REPORTED NET WORTH OF CUSTOMERS INORDER TO MAKE IT APPEAR THAT THEY SATISFIED THE MINIMUM NETWORTH REQUIREMENTS FOR CERTAIN ALTERNATIVE INVESTMENTS ORISSUER- AND STATE-IMPOSED PROHIBITIONS AGAINST INVESTING MORETHAN 10 PERCENT OF A CUSTOMER'S ASSETS INTO A SINGLE ILLIQUIDPRODUCT. DIAZ MISLED OR ATTEMPTED TO MISLEAD HIS MEMBER FIRMSAND THE ISSUERS OF THE PRODUCTS INTO ALLOWING THESECUSTOMERS TO PURCHASE INVESTMENTS FOR WHICH THEY WEREINELIGIBLE UNDER THE TERMS ESTABLISHED BY THE ISSUERS AND BYTHE STATE OF PENNSYLVANIA, IN WHICH ALL OF THE CUSTOMERSRESIDE. IN ADDITION, DIAZ ATTEMPTED TO INDUCE AN INSURANCECOMPANY TO TRANSFER A CUSTOMER'S VARIABLE ANNUITY TO HISCONTROL BY ALTERING OR CAUSING THE ALTERATION OF THESIGNATURE DATE ON A TRANSFER AUTHORIZATION FORM. THE FINDINGSALSO STATED THAT DIAZ INTENTIONALLY OR RECKLESSLY MADE UNTRUESTATEMENTS OF MATERIAL FACT BY FALSELY TELLING FIVE CUSTOMERSTHAT ONE OR MORE OF THE ALTERNATIVE INVESTMENTS WEREGUARANTEED TO PAY A SPECIFIC RATE OF RETURN, AND BY TELLING TWOCUSTOMERS THAT THE INVESTMENTS WERE GUARANTEED. THISCONDUCT VIOLATED SECTION 10(B) OF THE SECURITIES EXCHANGE ACTOF 1934 AND RULE 10B-5 THEREUNDER, NASD RULE 2120 AND FINRA RULE2020. THE FINDINGS ALSO INCLUDED THAT DIAZ FALSIFIED HIS MEMBERFIRM'S BOOKS AND RECORDS BY CREATING VARIABLE ANNUITY SWITCHFORMS WITH FALSE REASONS FOR THE EXCHANGES. DIAZ FALSIFIED ORCAUSED THE USE OF FALSIFICATION OF NET WORTH, INCOME, ASSETSAND/OR RISK TOLERANCE INFORMATION FOR NINE CUSTOMERS, ANDALTERED OR CAUSED THE ALTERATION OF THE DATE A CUSTOMERSIGNED A TRANSFER AUTHORIZATION. DIAZ OR SOMEONE WORKING ATHIS DIRECTION CREATED A FIRM'S SECURITIES INVESTOR PROFILEQUESTIONNAIRE FOR A CUSTOMER WITHOUT HER PARTICIPATION,FORGED HER SIGNATURE ON THE DOCUMENT AND WRONGLY DATED IT.FINRA FOUND THAT DIAZ MADE UNAUTHORIZED TRADES IN CUSTOMERS'ACCOUNTS. FINRA ALSO FOUND THAT DIAZ, FIRED FROM FOUR FIRMS,ROUTINELY ENGAGED IN EFFORTS TO MISLEAD HIS CUSTOMERS INTOBELIEVING THAT HE HAD LEFT THOSE FIRMS VOLUNTARILY, BOTHTHROUGH AFFIRMATIVE STATEMENTS AND THROUGH HIS RESPONSES TOQUESTIONS ABOUT THE CIRCUMSTANCES UNDER WHICH HE LEFT THEFIRMS.



Capacities Affected: All Capacities

Duration:


End Date:

Sanction 1 of 1

Sanction Type: Bar (Permanent)






Regulator Statement WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, DIAZ CONSENTEDTO THE SANCTION AND TO THE ENTRY OF FINDINGS THAT HE INDUCEDSEVERAL CUSTOMERS TO ENTER INTO VARIABLE ANNUITY EXCHANGES,OFTEN SUBJECT TO SIGNIFICANT SURRENDER CHARGES, WITHOUT AREASONABLE BASIS FOR RECOMMENDING THOSE EXCHANGES. DIAZ DIDNOT CONDUCT ANY QUANTITATIVE ANALYSIS OF THE FINANCIAL BENEFITOR DETRIMENT OF THE EXCHANGES TO HIS CUSTOMERS. DIAZ FAILED TOMAKE AN INDIVIDUALIZED ASSESSMENT OF THE ADVANTAGES ANDDISADVANTAGES OF THE RECOMMENDED EXCHANGES, AND ALSO FAILEDTO UNDERSTAND THE FEATURES OF THE VARIABLE ANNUITY PRODUCT.THE FINDINGS STATED THAT DIAZ FALSIFIED OR CAUSED THEFALSIFICATION OF THE REPORTED NET WORTH OF CUSTOMERS INORDER TO MAKE IT APPEAR THAT THEY SATISFIED THE MINIMUM NETWORTH REQUIREMENTS FOR CERTAIN ALTERNATIVE INVESTMENTS ORISSUER- AND STATE-IMPOSED PROHIBITIONS AGAINST INVESTING MORETHAN 10 PERCENT OF A CUSTOMER'S ASSETS INTO A SINGLE ILLIQUIDPRODUCT. DIAZ MISLED OR ATTEMPTED TO MISLEAD HIS MEMBER FIRMSAND THE ISSUERS OF THE PRODUCTS INTO ALLOWING THESECUSTOMERS TO PURCHASE INVESTMENTS FOR WHICH THEY WEREINELIGIBLE UNDER THE TERMS ESTABLISHED BY THE ISSUERS AND BYTHE STATE OF PENNSYLVANIA, IN WHICH ALL OF THE CUSTOMERSRESIDE. IN ADDITION, DIAZ ATTEMPTED TO INDUCE AN INSURANCECOMPANY TO TRANSFER A CUSTOMER'S VARIABLE ANNUITY TO HISCONTROL BY ALTERING OR CAUSING THE ALTERATION OF THESIGNATURE DATE ON A TRANSFER AUTHORIZATION FORM. THE FINDINGSALSO STATED THAT DIAZ INTENTIONALLY OR RECKLESSLY MADE UNTRUESTATEMENTS OF MATERIAL FACT BY FALSELY TELLING FIVE CUSTOMERSTHAT ONE OR MORE OF THE ALTERNATIVE INVESTMENTS WEREGUARANTEED TO PAY A SPECIFIC RATE OF RETURN, AND BY TELLING TWOCUSTOMERS THAT THE INVESTMENTS WERE GUARANTEED. THISCONDUCT VIOLATED SECTION 10(B) OF THE SECURITIES EXCHANGE ACTOF 1934 AND RULE 10B-5 THEREUNDER, NASD RULE 2120 AND FINRA RULE2020. THE FINDINGS ALSO INCLUDED THAT DIAZ FALSIFIED HIS MEMBERFIRM'S BOOKS AND RECORDS BY CREATING VARIABLE ANNUITY SWITCHFORMS WITH FALSE REASONS FOR THE EXCHANGES. DIAZ FALSIFIED ORCAUSED THE USE OF FALSIFICATION OF NET WORTH, INCOME, ASSETSAND/OR RISK TOLERANCE INFORMATION FOR NINE CUSTOMERS, ANDALTERED OR CAUSED THE ALTERATION OF THE DATE A CUSTOMERSIGNED A TRANSFER AUTHORIZATION. DIAZ OR SOMEONE WORKING ATHIS DIRECTION CREATED A FIRM'S SECURITIES INVESTOR PROFILEQUESTIONNAIRE FOR A CUSTOMER WITHOUT HER PARTICIPATION,FORGED HER SIGNATURE ON THE DOCUMENT AND WRONGLY DATED IT.FINRA FOUND THAT DIAZ MADE UNAUTHORIZED TRADES IN CUSTOMERS'ACCOUNTS. FINRA ALSO FOUND THAT DIAZ, FIRED FROM FOUR FIRMS,ROUTINELY ENGAGED IN EFFORTS TO MISLEAD HIS CUSTOMERS INTOBELIEVING THAT HE HAD LEFT THOSE FIRMS VOLUNTARILY, BOTHTHROUGH AFFIRMATIVE STATEMENTS AND THROUGH HIS RESPONSES TOQUESTIONS ABOUT THE CIRCUMSTANCES UNDER WHICH HE LEFT THEFIRMS.






WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, DIAZ CONSENTEDTO THE SANCTION AND TO THE ENTRY OF FINDINGS THAT HE INDUCEDSEVERAL CUSTOMERS TO ENTER INTO VARIABLE ANNUITY EXCHANGES,OFTEN SUBJECT TO SIGNIFICANT SURRENDER CHARGES, WITHOUT AREASONABLE BASIS FOR RECOMMENDING THOSE EXCHANGES. DIAZ DIDNOT CONDUCT ANY QUANTITATIVE ANALYSIS OF THE FINANCIAL BENEFITOR DETRIMENT OF THE EXCHANGES TO HIS CUSTOMERS. DIAZ FAILED TOMAKE AN INDIVIDUALIZED ASSESSMENT OF THE ADVANTAGES ANDDISADVANTAGES OF THE RECOMMENDED EXCHANGES, AND ALSO FAILEDTO UNDERSTAND THE FEATURES OF THE VARIABLE ANNUITY PRODUCT.THE FINDINGS STATED THAT DIAZ FALSIFIED OR CAUSED THEFALSIFICATION OF THE REPORTED NET WORTH OF CUSTOMERS INORDER TO MAKE IT APPEAR THAT THEY SATISFIED THE MINIMUM NETWORTH REQUIREMENTS FOR CERTAIN ALTERNATIVE INVESTMENTS ORISSUER- AND STATE-IMPOSED PROHIBITIONS AGAINST INVESTING MORETHAN 10 PERCENT OF A CUSTOMER'S ASSETS INTO A SINGLE ILLIQUIDPRODUCT. DIAZ MISLED OR ATTEMPTED TO MISLEAD HIS MEMBER FIRMSAND THE ISSUERS OF THE PRODUCTS INTO ALLOWING THESECUSTOMERS TO PURCHASE INVESTMENTS FOR WHICH THEY WEREINELIGIBLE UNDER THE TERMS ESTABLISHED BY THE ISSUERS AND BYTHE STATE OF PENNSYLVANIA, IN WHICH ALL OF THE CUSTOMERSRESIDE. IN ADDITION, DIAZ ATTEMPTED TO INDUCE AN INSURANCECOMPANY TO TRANSFER A CUSTOMER'S VARIABLE ANNUITY TO HISCONTROL BY ALTERING OR CAUSING THE ALTERATION OF THESIGNATURE DATE ON A TRANSFER AUTHORIZATION FORM. THE FINDINGSALSO STATED THAT DIAZ INTENTIONALLY OR RECKLESSLY MADE UNTRUESTATEMENTS OF MATERIAL FACT BY FALSELY TELLING FIVE CUSTOMERSTHAT ONE OR MORE OF THE ALTERNATIVE INVESTMENTS WEREGUARANTEED TO PAY A SPECIFIC RATE OF RETURN, AND BY TELLING TWOCUSTOMERS THAT THE INVESTMENTS WERE GUARANTEED. THISCONDUCT VIOLATED SECTION 10(B) OF THE SECURITIES EXCHANGE ACTOF 1934 AND RULE 10B-5 THEREUNDER, NASD RULE 2120 AND FINRA RULE2020. THE FINDINGS ALSO INCLUDED THAT DIAZ FALSIFIED HIS MEMBERFIRM'S BOOKS AND RECORDS BY CREATING VARIABLE ANNUITY SWITCHFORMS WITH FALSE REASONS FOR THE EXCHANGES. DIAZ FALSIFIED ORCAUSED THE USE OF FALSIFICATION OF NET WORTH, INCOME, ASSETSAND/OR RISK TOLERANCE INFORMATION FOR NINE CUSTOMERS, ANDALTERED OR CAUSED THE ALTERATION OF THE DATE A CUSTOMERSIGNED A TRANSFER AUTHORIZATION. DIAZ OR SOMEONE WORKING ATHIS DIRECTION CREATED A FIRM'S SECURITIES INVESTOR PROFILEQUESTIONNAIRE FOR A CUSTOMER WITHOUT HER PARTICIPATION,FORGED HER SIGNATURE ON THE DOCUMENT AND WRONGLY DATED IT.FINRA FOUND THAT DIAZ MADE UNAUTHORIZED TRADES IN CUSTOMERS'ACCOUNTS. FINRA ALSO FOUND THAT DIAZ, FIRED FROM FOUR FIRMS,ROUTINELY ENGAGED IN EFFORTS TO MISLEAD HIS CUSTOMERS INTOBELIEVING THAT HE HAD LEFT THOSE FIRMS VOLUNTARILY, BOTHTHROUGH AFFIRMATIVE STATEMENTS AND THROUGH HIS RESPONSES TOQUESTIONS ABOUT THE CIRCUMSTANCES UNDER WHICH HE LEFT THEFIRMS.

iReporting Source: Broker


FINRA

Sanction(s) Sought: DisgorgementRestitution


Docket/Case Number: 2011030254902


EDWARD JONES; RAYMOND JAMES FINANCIAL SERVICES, INC.; FIRSTALLIED SECURITIES, INC.; SII INVESTMENTS, INC.; KOVACK SECURITIESINC.; SANDLAPPER SECURITIES, LLC; MATRIX CAPITAL GROUP, INC.;INTERNATIONAL FINANCIAL SOLUTIONS, INC.

Product Type: Annuity-VariableOther: DPP, REIT

Allegations: MR. DIAZ WAS NAMED A RESPONDENT IN A FINRA COMPLAINT THATCONTAINS THE FOLLOWING ALLEGATIONS, ALL OF WHICH ARE DENIED BYMR. DIAZ: (A) DIAZ ALLEGEDLY DID NOT HAVE A REASONABLE BASIS FORRECOMMENDING THAT 78 CUSTOMERS MAKE 89 VARIABLE ANNUITYSWITCHES; (B) DIAZ ALLEGEDLY FAILED TO MAKE AN INDIVIDUALIZEDASSESSMENT OF THE ADVNATAGES AND DISADVANTAGES OF THE 89RECOMMENDED EXCHANGES, AND ALLEGEDLY FAILED TO UNDERSTANDTHE FEATURES OF THE PRODUCT; (C) DIAZ ALLEGEDLY FALSIFIED ORCAUSED THE FALSIFICATION OF THE REPORTED NET WORTH OFCUSTOMERS IN ORDER TO MAKE IT APPEAR THAT THEY SATISFIED THEMINIMUM NET WORTH REQUIREMENTS FOR CERTAIN ALTERNATIVEINVESTMENTS OR THE PROHIBITIONS AGAINST INVESTING MORE THAN10% OF A CUSTOMER'S ASSETS INTO A SINGLE ILLIQUID PRODUCT; (D)DIAZ ALLEGEDLY ATTEMPTED TO INDUCE AN INSURANCE COMPANY TOTRANSFER A CUSTOMER'S VARIABLE ANNUITY TO HIS CONTROL BYALTERING OR CAUSING THE ALTERATION OF THE SIGNATURE DATE ON ATRANSFER AUTHORIZATION FORM; (E) DIAZ ALLEGEDLY MADE UNTRUESTATEMENTS OF MATERIAL FACT (INTENTIONALLY OR RECKLESSLY) BYFALSELY TELLING 5 CUSTOMERS THAT ONE OR MORE OF THEALTERNATIVE INVESTMENTS WERE GUARANTEED TO PAY A SPECIFICRATE OF RETURN AND TELLING 2 CUSTOMERS THAT THE INVESTMENTSWERE GUARANTEED; (F) DIAZ ALLEGEDLY FALSIFIED HIS FIRM'S BOOKSAND RECORDS BY CREATING 71 VARIABLE ANNUITY SWITCH FORMS WITHFALSE REASONS FOR THE EXCHANGES; (G) DIAZ ALLEGEDLY FALSIFIEDOR CAUSED THE FALSIFICATION OF NET WORTH, INCOME, ASSETSAND/OR RISK TOLERANCE INFORMATION FOR 9 CUSTOMERS, ANDALLEGEDLY FORGED THE SIGNATURE OF ONE CUSTOMER; (H) DIAZALLEGEDLY MADE UNAUTHORIZED TRADES IN THE ACCOUNTS OF 7CUSTOMERS; AND (I) DIAZ ALLEGEDLY HAVING BEEN FIRED BY FOURFIRMS, ROUTINELY ENGAGED IN EFFORTS TO MISLEAD HIS CUSTOMERSINTO BELIEVING THAT HE HAD LEFT FIRMS VOLUNTARILY, BOTH THROUGHAFFIRMATIVE STATEMENTS AND THROUGH HIS RESPONSE TO QUESTIONSABOUT THE CIRCUMSTANCES UNDER WHICH HE LEFT THE FIRMS.





https://www.finra.org/rules-guidance/oversight-enforcement/finra-disciplinary-actions?search=2011030254902


MR. DIAZ WAS NAMED A RESPONDENT IN A FINRA COMPLAINT THATCONTAINS THE FOLLOWING ALLEGATIONS, ALL OF WHICH ARE DENIED BYMR. DIAZ: (A) DIAZ ALLEGEDLY DID NOT HAVE A REASONABLE BASIS FORRECOMMENDING THAT 78 CUSTOMERS MAKE 89 VARIABLE ANNUITYSWITCHES; (B) DIAZ ALLEGEDLY FAILED TO MAKE AN INDIVIDUALIZEDASSESSMENT OF THE ADVNATAGES AND DISADVANTAGES OF THE 89RECOMMENDED EXCHANGES, AND ALLEGEDLY FAILED TO UNDERSTANDTHE FEATURES OF THE PRODUCT; (C) DIAZ ALLEGEDLY FALSIFIED ORCAUSED THE FALSIFICATION OF THE REPORTED NET WORTH OFCUSTOMERS IN ORDER TO MAKE IT APPEAR THAT THEY SATISFIED THEMINIMUM NET WORTH REQUIREMENTS FOR CERTAIN ALTERNATIVEINVESTMENTS OR THE PROHIBITIONS AGAINST INVESTING MORE THAN10% OF A CUSTOMER'S ASSETS INTO A SINGLE ILLIQUID PRODUCT; (D)DIAZ ALLEGEDLY ATTEMPTED TO INDUCE AN INSURANCE COMPANY TOTRANSFER A CUSTOMER'S VARIABLE ANNUITY TO HIS CONTROL BYALTERING OR CAUSING THE ALTERATION OF THE SIGNATURE DATE ON ATRANSFER AUTHORIZATION FORM; (E) DIAZ ALLEGEDLY MADE UNTRUESTATEMENTS OF MATERIAL FACT (INTENTIONALLY OR RECKLESSLY) BYFALSELY TELLING 5 CUSTOMERS THAT ONE OR MORE OF THEALTERNATIVE INVESTMENTS WERE GUARANTEED TO PAY A SPECIFICRATE OF RETURN AND TELLING 2 CUSTOMERS THAT THE INVESTMENTSWERE GUARANTEED; (F) DIAZ ALLEGEDLY FALSIFIED HIS FIRM'S BOOKSAND RECORDS BY CREATING 71 VARIABLE ANNUITY SWITCH FORMS WITHFALSE REASONS FOR THE EXCHANGES; (G) DIAZ ALLEGEDLY FALSIFIEDOR CAUSED THE FALSIFICATION OF NET WORTH, INCOME, ASSETSAND/OR RISK TOLERANCE INFORMATION FOR 9 CUSTOMERS, ANDALLEGEDLY FORGED THE SIGNATURE OF ONE CUSTOMER; (H) DIAZALLEGEDLY MADE UNAUTHORIZED TRADES IN THE ACCOUNTS OF 7CUSTOMERS; AND (I) DIAZ ALLEGEDLY HAVING BEEN FIRED BY FOURFIRMS, ROUTINELY ENGAGED IN EFFORTS TO MISLEAD HIS CUSTOMERSINTO BELIEVING THAT HE HAD LEFT FIRMS VOLUNTARILY, BOTH THROUGHAFFIRMATIVE STATEMENTS AND THROUGH HIS RESPONSE TO QUESTIONSABOUT THE CIRCUMSTANCES UNDER WHICH HE LEFT THE FIRMS.

Current Status: Pending

Broker Statement MR. DIAZ VEHEMENTLY DENIES THE ALLEGATIONS IN THE COMPLAINT ANDINTENDS TO VIGOROUSLY DEFEND HIMSELF IN THIS PROCEEDING.






Customer Dispute - Award / Judgment

This type of disclosure event involves a final, consumer-initiated, investment-related arbitration or civil suit containing allegations of sales practiceviolations against the broker that resulted in an arbitration award or civil judgment for the customer.

Disclosure 1 of 4


Employing firm whenactivities occurred which ledto the complaint:

Allegations:

First Allied Securities, Inc.

Diaz was named in a customer complaint that asserted the following causes ofaction: damages arising from suitability, fraud, negligent misrepresentation andomission, violation of FINRA rules and Blue Sky laws, lack of supervision, andrespondeat superior.

Product Type: Other: Various securities

Alleged Damages: $2,400,000.00

Arbitration/Reparation Claimfiled with and Docket/CaseNo.:

FINRA - CASE #16-01293

Date Notice/Process Served: 05/06/2016

Arbitration Pending? No

Disposition: Award

Disposition Date: 01/19/2018

Disposition Detail: Diaz is liable for and shall pay to Claimants compensatory damages in the amountof $1,033,166, punitive damages in the amount of $2,892,864, and attorneys' feesin the amount of $413,266 pursuant to contract.

Regulator Statement This award has not been paid by or on behalf of Anthony Diaz as of April 30, 2018.

Arbitration Information

iReporting Source: Firm


Allegations:


Claimants allege that, from approximately 2005 to 2009, one of Claimants'registered representative recommended illiquid, speculative, and high-commissioninvestments. One claimant alleges that a different registered representativeengaged in excessive trading and unauthorized trades. Claimants allegeunsuitability, misrepresentation, churning, and failure to supervise. 23�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.






Claimants allege that, from approximately 2005 to 2009, one of Claimants'registered representative recommended illiquid, speculative, and high-commissioninvestments. One claimant alleges that a different registered representativeengaged in excessive trading and unauthorized trades. Claimants allegeunsuitability, misrepresentation, churning, and failure to supervise.

Product Type: Annuity-VariableDirect Investment-DPP & LP InterestsEquipment Leasing




Disposition: Settled


Monetary CompensationAmount:

$390,000.00


Individual ContributionAmount:

$0.00

Arbitration/CFTC reparationclaim filed with (FINRA, AAA,CFTC, etc.):

FINRA

Docket/Case #: 16-01293

Disclosure 2 of 4

i



Allegations:

FIRST ALLIED SECURITIES, INC., AND SII INVESTMENTS, INC.

NEGLIGENCE, GROSS NEGLIGENCE, MISREPRESENTATIONS, OMISSIONS,BREACH OF FIDUCIARY DUTY, BREACH OF CONTRACT, UNSUITABILITY ANDVIOLATION OF PENNSYLVANIA SECURITIES ACT OF 1972 RELATING TOINVESTMENTS IN CERTAIN ENTITIES' VARIABLE ANNUITIES.

Product Type: Annuity-Variable

Alleged Damages: $323,096.00















Disposition: Award


Disposition Detail: ANTHONY DIAZ IS LIABLE FOR AND SHALL PAY CLAIMANTSCOMPENSATORY DAMAGES IN THE AMOUNT OF $99,936.80.

Regulator Statement The Award has not been paid.



Allegations:

FIRST ALLIED SECURITIES, INC.

CLAIMANTS ALLEGE: 1) FAILURE TO OBSERVE HIGH PROFESSIONALSTANDARDS OF COMMERCIAL HONOR AND TO DEAL FAIRLY ANDEQUITABLY WITH CLAIMANTS; 2) TRADING SECURITIES AND INVESTMENTSWITHOUT CLAIMANTS' PERMISSION; 3) CHURNING AND USING CLAIMANTS'FUNDS OR SECURITIES WITHOUT AUTHORIZATION; 4) SUITABILITY; AND 5)MISREPRESENTATION FROM 2006 TO PRESENT.

Product Type: Annuity-VariableEquipment LeasingMutual FundOil & GasReal Estate Security

Alleged Damages: $0.00



Disposition: Award to Customer



FINRA












$219,936.80


$219,936.80



Allegations:

1ST ALLIED SECURITIES, SII INVESTMENTS

CLIENTS ALLEGE UNAUTHORIZED TRADING, MISREPRESENTATION OFPRODUCTS, UNSUITABLE AND ILLIQUID ACCOUNTS WITHOUT DISCLOSUREAND CHURNING.

Product Type: Direct Investment-DPP & LP InterestsMutual FundReal Estate Security







$219,936.80

Firm Statement THE MONETARY COMPENSATION AMOUNT OF $219,936.80 IS BROKENDOWN AS SUCH: $99,936.80 COMPENSATORY; $90,000 PUNITIVE; $30,000ATTORNEY FEES



$219,936.80


FINRA










Allegations:

FIRST ALLIED SECURITIES AND SII INVESTMENTS, INC.

CLAIMANTS ALLEGE THAT MR. DIAZ ENGAGED IN NEGLIGENCE,MISREPRESENTATION, OMISSION, BREACH OF FIDUCIARY DUTY, BREACHOF CONTRACT, AND UNSUITABILITY IN CONNECTION WITH CERTAININVESTMENT RECOMMENDATIONS

Product Type: Equipment LeasingOil & GasReal Estate Security







$219,936.80

Broker Statement MR. DIAZ BELIEVES THAT THE ARBITRATION AWARD WAS UNSUPPORTEDAND IMPROPER, AND HAS FILED A TIMELY MOTION TO VACATE THEARBITRATION AWARD IN STATE COURT IN PENNSYLVANIA



$219,936.80


FINRA


Disclosure 3 of 4

i









Allegations:

MATRIX CAPITAL GROUP, INC.,

MISREPRESENTATION, NEGLIGENCE, BREACH OF FIDUCIARY DUTY,BREACH OF CONTRACT, VIOLATION OF THE PENNSYLVANIA SECURITIESACT, AND VIOLATION OF THE PENNSYLVANIA UNFAIR TRADE PRACTICESAND CONSUMER PROTECTION LAW.

Product Type: Other: ANNUITY






Disposition: Award


Disposition Detail: RESPONDENT DIAZ IS LIABLE FOR AND SHALL PAY TO CLAIMANTCOMPENSATORY DAMAGES IN THE AMOUNT OF $26,000 PLUS INTEREST.




Allegations:

MATIX CAPITAL GROUP, INC.

CLIENT INSTRUCTED RR TO INVEST IN A QUALIFIED ANNUITY. RRPURCHASED A NON QUALIFIED ANNUITY.



Alleged Damages AmountExplanation (if amount notexact):

CLIENT ALLEGES TAX LIABILITY DUE TO WITHDRAWAL OF FUNDS THATWERE QUALIFIED. DAMAGES TO BE ESTABLISHED.

Is this an oral complaint? No

Is this a written complaint? Yes

Is this an arbitration/CFTCreparation or civil litigation?







Date Complaint Received: 11/04/2013

Complaint Pending? No

Status:

Status Date: 01/15/2014

Settlement Amount:







$31,000.00

Firm Statement FIRM HAS DENIED ALL ALLEGATIONS.TRANSACTION OUTSIDE OF THE CLIENT'S ACCOUNT AT MATRIX

Customer Complaint Information



$26,000.00

Evolved into Arbitration/CFTC reparation (the individual is a named party)


Yes

Arbitration/Reparation forumor court name and location:

FINRA


Filing date ofarbitration/CFTC reparationor civil litigation:

11/04/2013


FINRA


i







Reporting Source: Broker


Allegations:

MATRIX CAPITAL GROUP

CLIENT ALLEGES THEY INSTRUCTED REP TO INVEST IN A QUALIFIEDANNUITY. REP PURCHASED A NON-QUALIFIED ANNUITY.





Status:


Settlement Amount: $31,000.00


$26,000.00




Arbitration Award/Monetary Judgment (for claimants/plaintiffs)




Yes


FINRA



11/04/2013


ARBITRATION












$31,000.00

Date Notice/Process Served:

Litigation Pending? No

Disposition: Withdrawn



$26,000.00

Civil Litigation Information

Type of Court: COUNTY COURT

Name of Court: COURT OF COMMON PLEAS OF NORTHAMPTON COUNT PA CIVAL DV

Location of Court: EASTON, PA

Docket/Case #: C-0048-CV-2011-12143

Disclosure 4 of 4

i

Reporting Source: Firm


Allegations:

SII INVESTMENTS, INC. MATRIX CAPITAL GROUP INC., KOVACKSECURITIES, INC.

CLIENTS CLAIM FORGERY, UNAUTHORIZED TRADING,MISREPRESENTATION AND UNSUITABLE INVESTMENTS.

Product Type: Equipment LeasingEquity Listed (Common & Preferred Stock)Real Estate Security




OUT OF POCKET LOSSES SUSTAINED TO DATE PER CLIENT.


FINRA31�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.










$26,616.67


Litigation Pending?

Firm Statement THIS AGREEMENT IS ENTERED INTO FOR SETTLEMENT AND COMPROMISEOF DISPUTED CLAIMS AND SHALL NEVER BE TREATED AS AN ADMISSIONBY ANY PARTY OF ANY LIABILITY WHATSOEVER OR AS AN ADMISSION BYANY PARTY OF A VIOLATION OF THE RIGHTS OF ANY OTHER PARTY ORPERSON, OR THE VIOLATION OF ANY LAW, STATUTE, REGULATION, DUTYOR CONTRACT WHATSOEVER.


$26,616.67



FINRA


Type of Court: FINRA Arbitration

Name of Court:

Location of Court:

Docket/Case #:



Allegations:

SII INVESTMENTS, INC., MATRIX CAPITAL GROUP AND KOVAK SECURITIES

CLIENTS CLAIM FORGERY, UNAUTHORIZED TRADING,MISREPRESENTATION AND UNSUITABLE INVESTMENTS.

Product Type: Equipment LeasingEquity Listed (Common & Preferred Stock)Real Estate Security 32�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.





Product Type: Equipment LeasingEquity Listed (Common & Preferred Stock)Real Estate Security




Status:




$26,616.67






$26,616.67




$26,616.67




FIRM BELIEVES DAMAGES WOULD BE GREATER THAN $5000.00




No


12-03542

Docket/Case #: NA







Litigation Pending?

Firm Statement THIS AGREEMENT IS ENTERED INTO FOR SETTLEMENT AND COMPROMISEOF DISPUTED CLAIMS AND SHALL NEVER BE TREATED AS AN ADMISSIONBY ANY PARTY OF ANY LIABILITY WHATSOEVER OR AS AN ADMISSION BYANY PARTY OF A VIOLATION OF THE RIGHTS OF ANY OTHER PARTY ORPERSON, OR THE VIOLATION OF ANY LAW, STATUTE, REGULATION, DUTYOR CONTRACT WHATSOEVER.


Type of Court: FINRA ARBITRATION

Name of Court:

Location of Court:

Docket/Case #:



Allegations:

MATRIX CAPITAL GROUP, INC., SEII INVESTMENTS, KOVAC SECURITIES

SWITCHING, CHURNING, EXCESSIVE TRADING.

Product Type: Other: VARIOUS SECURITIES AND ACCOUNT HANDLING



Arbitration Pending? Yes



THIS PLUS TREBLE DAMAGES


FINRA









Allegations:

SII INVESTMENTS, INC.

RECEIVED LETTER FROM ATTORNEY OF [CUSTOMERS] STATING CLIENTSARE ALLEGING UNSUITABLE INVESTMENTS AND OMISSIONS OF MATERIALFACT. BROKER/DEALER SII INVESTMENTS.

Product Type: InsuranceMutual FundOther: PRODUCTS NOT STATED IN ATTORNEY LETTER.




Status:




$26,616.67






NO COMPENSATORY DAMAGES GIVEN.




No


FINRA












$26,616.67


Litigation Pending?

Broker Statement THIS AGREEMENT IS ENTERED INTO FOR SETTLEMENT AND COMPROMISEOF DISPUTED CLAIMS AND SHALL NEVER BE TREATED AS AN ADMISSIONIBY ANY PARTY OF ANY LIABILITY WHATSOEVER OR AS AN ADMISSION BYANY PARTY OF AN VIOLATION OF THE RIGHTS OF ANY OTHER PARTY ORPERSON, OR THE VIOLATION OF ANY LAW, STATUTE, REGULATION, DUTYOR CONTRACT WHATSOEVER.


$26,616.67


Type of Court: FINRA ARBITRATION

Name of Court:

Location of Court:

Docket/Case #:






Customer Dispute - Settled

This type of disclosure event involves a consumer-initiated, investment-related complaint, arbitration proceeding or civil suit containing allegationsof sale practice violations against the broker that resulted in a monetary settlement to the customer.

Disclosure 1 of 34



Allegations:

IBN Financial services, Inc

Clients were sold unsuitable investments

Product Type: Direct Investment-DPP & LP InterestsOil & GasPromissory NoteReal Estate Security




Status:




Settled


The Statement of Claim had no amount


Is this a written complaint? No


Yes


FINRA



01/24/2019








$0.00

Disclosure 2 of 34

i



Allegations:

IBN Financial Services, Inc.

Unsuitable Recommendations

Product Type: Direct Investment-DPP & LP InterestsOil & GasReal Estate Security




Status:




$0.00


Settled


Between $100,000 and $500,000




Yes


FINRA



06/22/2018







$0.00

Disclosure 3 of 34

i



Allegations:







Status:




$0.00


Settled




Yes


FINRA



08/09/2018

Disclosure 4 of 34

i






Disclosure 4 of 34



Allegations:

IBN Fiancial Services, Inc. and Sandlapper Securities






Status:




$0.00


Settled


They did not list a specific amount they believe they lost between $500,000 and$1,000,000




Yes


FINRA



05/02/2018

Disclosure 5 of 34

i






Disclosure 5 of 34



Allegations:


Suitability, Failure to Supervise

Product Type: Other: Private Placement




Status:




$0.00


Settled




Yes


FINRA



05/26/2018



Allegations:

SANDLAPPER Securities, LLC

Suitability, Failure to supervise






Product Type: Other: Private Placement



Complaint Pending? Yes

Settlement Amount:






Yes


FINRA



05/26/2018

Disclosure 6 of 34

i



Allegations:


[REDACTED], and [REDACTED] allege violations of common law causes of actionfor breach of fiduciary duty, negligent supervision, and negligence. the wrongfulconduct of its registered representative Anthony Diaz











Status:




$0.00


Settled


The Statement of Claim from the [REDACTED] did not state an amount.




Yes


FINRA



11/08/2017

Disclosure 7 of 34

i



Allegations:


Client alleges forged investment documents.

Product Type: Direct Investment-DPP & LP InterestsOil & Gas


Alleged Damages AmountExplanation (if amount notexact): 43�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.







Status:




$0.00


Settled


no damage amount alleged




No

Disclosure 8 of 34

i



Allegations:


Client alleges that RR made a poor recommendation, asked her and her husbandto sign blank documents, overstated their net worth and income, put falseinformation on their documents, and misled them in 2013-2014.

Product Type: Other: ICON 11, ICON 12, Waveland



alleged losses











Status:




$0.00


Settled


No

Disclosure 9 of 34

i



Allegations:

First Allied Securities Inc.

Claimants allege Mr. Diaz misrepresented guaranteed payments of interest,violated suitability requirements, falsified liquid and net worth information, inflatedincome, and misrepresented certain financial documentation beginning in 2007.

Product Type: Direct Investment-DPP & LP InterestsEquipment LeasingOil & GasReal Estate SecurityOther: ICON Fund 11 and 12, Xenia




Status:


Settled




No






Status:




$0.00

Settled

Disclosure 10 of 34

i



Allegations:

First Allied Securities Inc.

Claimants allege that Mr. Diaz misrepresented guaranteed payments of interest,violated suitability requirements, falsified liquid and net worth information, inflatedincome, guaranteed returns, and forged or cause to be forged certain blankaccount documentation beginning in 2003.

Product Type: Direct Investment-DPP & LP InterestsEquipment LeasingOil & GasReal Estate SecurityOther: ICON Fund 11 and 12, AEI (private equity)




Status:




$0.00


Settled




No

Disclosure 11 of 34

i






Disclosure 11 of 34



Allegations:

SII Investments, Inc

Customer alleges former advisor of SII sold him unsuitable DPP Investment

Product Type: Direct Investment-DPP & LP Interests




Status:




$0.00


Settled




Yes


FINRA



01/22/2016

Disclosure 12 of 34

i



Allegations:







Allegations: CLAIMANTS ALLEGE MISREPRESENTATION, BREACH OF FIDUCIARY DUTY,NEGLIGENCE, AND UNSUITABILITY REGARDING THEIR PURCHASE OFVARIABLE ANNUITIES AND DPPS BETWEEN LATE 2005 AND 2009.

Product Type: Annuity-VariableDirect Investment-DPP & LP InterestsReal Estate Security




Status:




$0.00


Settled




Yes


FINRA DISPUTE RESOLUTION



07/20/2015

Disclosure 13 of 34

i



Allegations:


FROM 6/2005 UNTIL 4/2009 AT FIRST ALLIED RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, GUARANTEEDRETURNS, AND FORGED OR CAUSED TO BE FORGED CERTAIN ACCOUNTDOCUMENTATION. FURTHERMORE, DIAZ MADE FALSE STATEMENTS THATWERE MATERIAL TO CLAIMANTS'DECISION TO INVEST.






FROM 6/2005 UNTIL 4/2009 AT FIRST ALLIED RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, GUARANTEEDRETURNS, AND FORGED OR CAUSED TO BE FORGED CERTAIN ACCOUNTDOCUMENTATION. FURTHERMORE, DIAZ MADE FALSE STATEMENTS THATWERE MATERIAL TO CLAIMANTS'DECISION TO INVEST.

Product Type: Direct Investment-DPP & LP InterestsEquipment LeasingOil & GasReal Estate Security




Status:




$0.00


Settled


Total demand from all claimants.




No

Disclosure 14 of 34

i



Allegations:


CUSTOMERS ALLEGE THE RR MISREPRESENTED GUARANTEEDPAYMENTS OF INTEREST, VIOLATED SUITABILITY REQUIREMENTS BYRECOMMENDING ILLIQUID PRODUCTS, FALSIFIED LIQUID AND NET WORTHINFORMATION, INFLATED INCOME, GUARANTEED RETURNS, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION. ALSOALLEGE RR MADE FALSE STATEMENTS THAT WERE MATERIAL TOCLAIMANTS' DECISION TO INVEST.






CUSTOMERS ALLEGE THE RR MISREPRESENTED GUARANTEEDPAYMENTS OF INTEREST, VIOLATED SUITABILITY REQUIREMENTS BYRECOMMENDING ILLIQUID PRODUCTS, FALSIFIED LIQUID AND NET WORTHINFORMATION, INFLATED INCOME, GUARANTEED RETURNS, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION. ALSOALLEGE RR MADE FALSE STATEMENTS THAT WERE MATERIAL TOCLAIMANTS' DECISION TO INVEST.

Product Type: Direct Investment-DPP & LP InterestsReal Estate SecurityOther: XENIA




Status:




$0.00


Settled




No

Disclosure 15 of 34

i



Allegations:

SII INVESTMENTS, INC; KOVACK SECURITIES, INC; IFS SECURITIES

REP MISREPRESENTED INVESTMENT, INVESTMENT NOT SUITABLE ANDNET WORTH MISREPRESENTED ON ACCOUNT PAPERWORK.




AMOUNT RELATED TO SII

Is this an oral complaint?50�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.







Status:




$0.00

Firm Statement ON 2/14/2015 THE PENDING ARBITRATION FAILED TO FILE WITH FINRA.UNSURE IF THE PENDING ARB WAS ACCIDENTLY DELETED OR IF THESUBMISSION FAILED.


Settled




Yes


FINRA, NEWARK, NJ

Docket/Case #: 15-00141(NY)


01/14/2015

Disclosure 16 of 34

i



Allegations:


IN 2008, CLAIMANT ALLEGES RR MISREPRESENTED GUARANTEEDPAYMENTS OF INTEREST, VIOLATED SUITABILITY REQUIREMENTS BYRECOMMENDING ILLIQUID PRODUCTS, FALSIFIED LIQUID AND NET WORTHINFORMATION, INFLATED INCOME, AND MISREPRESENTED CERTAINFINANCIAL DOCUMENTATION. CLAIMANT ALSO ALLEGES RR MADE FALSESTATEMENTS THAT WERE MATERIAL TO CLAIMANT'S DECISION TO INVEST.

Product Type: Other: ICON FUND 12






Product Type: Other: ICON FUND 12




Status:




$0.00


Settled




No

Disclosure 17 of 34

i



Allegations:


FROM 2007-2013, CLAIMANTS ALLEGE RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, GUARANTEEDRETURNS, FORGED OR CAUSED TO BE FORGED CERTAIN ACCOUNTDOCUMENTATION, AND CAUSED US TO IMPROPERLY SIGN AND EXECUTEACCOUNT DOCUMENTS. CLAIMANTS ALSO ALLEGE RR MADE FALSESTATEMENTS THAT WERE MATERIAL TO CLAIMANTS' DECISION TO INVEST.

Product Type: Oil & GasReal Estate SecurityOther: ICON FUNDS 11 AND 12, XENIA




Is this an arbitration/CFTCreparation or civil litigation? 52�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.







Status:




$0.00


Settled


No

Disclosure 18 of 34

i



Allegations:

FIRST ALLIED SECURITES, INC.

FROM 2007 TO 2013, CLAIMANTS ALLEGE RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, GUARANTEEDRETURNS, AND FORGED OR CAUSED TO BE FORGED CERTAIN ACCOUNTDOCUMENTATION IN ADDITION TO RECOMMENDING CERTAIN UNSUITABLESTOCKS. CLAIMANTS ALSO ALLEGE RR MADE FALSE STATEMENTS THATWERE MATERIAL TO CLAIMANTS' DECISION TO INVEST.

Product Type: Equity Listed (Common & Preferred Stock)Real Estate SecurityOther: ICON FUND 12, XENIA







No







Status:




$0.00

Settled

Disclosure 19 of 34

i



Allegations:


FROM 2005 TO 2010, CLAIMANT ALLEGES RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, SOLD UPSSTOCK WITHOUT AUTHORIZATION, AND FORGED OR CAUSED TO BEFORGED CERTAIN ACCOUNT DOCUMENTATION. CLAIMANT ALSO ALLEGESRR MADE FALSE STATEMENTS THAT WERE MATERIAL TO CLAIMANT'SDECISION TO INVEST.

Product Type: Oil & GasReal Estate SecurityOther: ICON FUNDS 11 AND 12




Status:


Settlement Amount:


Settled




No








$0.00

Disclosure 20 of 34

i



Allegations:


FROM 2006-2008, CLAIMANTS ALLEGE RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION.CLAIMANTS ALSO ALLEGE RR MADE FALSE STATEMENTS THAT WEREMATERIAL TO CLAIMANTS' DECISION TO INVEST.

Product Type: Equity Listed (Common & Preferred Stock)Oil & GasReal Estate Security




Status:




$0.00


Settled




No

iReporting Source:








Allegations:



Product Type: Equity Listed (Common & Preferred Stock)Oil & GasReal Estate Security




Settlement Amount:


Broker Statement RR UNQUALIFIEDLY AND CATEGORICALLY DENIES EACH AND EVERYALLEGATION MADE AS FALSE, MERITLESS, AND OPPORTUNISTIC.





No

Disclosure 21 of 34

i



Allegations:


IN 2007, CLAIMANT ALLEGES RR MISREPRESENTED GUARANTEEDPAYMENTS OF INTEREST, VIOLATED SUITABILITY REQUIREMENTS BYRECOMMENDING ILLIQUID PRODUCTS, AND MADE FALSE STATEMENTSTHAT WERE MATERIAL TO CLAIMANT'S PARENTS' DECISION TO INVEST.







Product Type: Real Estate Security




Status:




$0.00


Settled




No



Allegations:









No








Settlement Amount:




Disclosure 22 of 34

i



Allegations:


FROM 2003-208, CLAIMANT ALLEGES RR MISREPRESENTED GUARANTEEDPAYMENTS OF INTEREST, VIOLATED SUITABILITY REQUIREMENTS BYRECOMMENDING ILLIQUID PRODUCTS, FALSIFIED LIQUID AND NET WORTHINFORMATION, INFLATED INCOME, AND FORGED OR CAUSE TO BEFORGED CERTAIN ACCOUNT DOCUMENTATION. CLAIMANT ALSO ALLEGESRR MADE FALSE STATEMENTS THAT WERE MATERIAL TO CLAIMANT'SDECISION TO INVEST.

Product Type: Real Estate SecurityOther: ICON FUNDS




Status:


Settlement Amount:


Settled




No








$0.00



Allegations:


FROM 2003-208, CLAIMANT ALLEGES RR MISREPRESENTED GUARANTEEDPAYMENTS OF INTEREST, VIOLATED SUITABILITY REQUIREMENTS BYRECOMMENDING ILLIQUID PRODUCTS, FALSIFIED LIQUID AND NET WORTHINFORMATION, INFLATED INCOME, AND FORGED OR CAUSE TO BEFORGED CERTAIN ACCOUNT DOCUMENTATION. CLAIMANT ALSO ALLEGESRR MADE FALSE STATEMENTS THAT WERE MATERIAL TO CLAIMANT'SDECISION TO INVEST.

Product Type: Real Estate SecurityOther: ICON FUNDS




Settlement Amount:







No

Disclosure 23 of 34

i








Allegations:


FROM 2006-2010, CLAIMANT ALLEGES RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION.CLAIMANT ALSO ALLEGES RR MADE FALSE STATEMENTS THAT WEREMATERIAL TO CLAIMANT'S DECISION TO INVEST.

Product Type: Real Estate SecurityOther: ICON FUND 11




Status:




$0.00


Settled




No



Allegations:













Settlement Amount:







No

Disclosure 24 of 34

i



Allegations:



Product Type: Oil & GasReal Estate SecurityOther: ICON FUNDS, PRIVATE PLACEMENTS









Status:




$0.00


Settled




No



Allegations:



Product Type: Real Estate SecurityOther: ICON FUNDS, PRIVATE PLACEMENTS


Date Complaint Received:





No








Settlement Amount:



Disclosure 25 of 34

i



Allegations:


FROM 2006-2012, CLAIMANTS ALLEGE RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, GUARANTEEDRETURNS, AND ASKED CLAIMANTS TO SIGN BLANK ACCOUNT FORMS,WHICH HE COMPLETED OR CAUSED TO BE COMPLETED WITH CLAIMANTS'PERMISSION. CLAIMANTS ALSO ALLEGE RR MADE FALSE STATEMENTSTHAT WERE MATERIAL TO CLAIMANTS' DECISION TO INVEST.





Status:


Settlement Amount:


Settled




No








$0.00



Allegations:


FROM 2006-2012, CLAIMANTS ALLEGE RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, GUARANTEEDRETURNS, AND ASKED CLAIMANTS TO SIGN BLANK ACCOUNT FORMS,WHICH HE COMPLETED OR CAUSED TO BE COMPLETED WITH CLAIMANTS'PERMISSION. CLAIMANTS ALSO ALLEGE RR MADE FALSE STATEMENTSTHAT WERE MATERIAL TO CLAIMANTS' DECISION TO INVEST.





Settlement Amount:







No

Disclosure 26 of 34

i








Allegations:


FROM 2008-2014, CLAIMANTS ALLEGE RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, GUARANTEEDRETURNS, AND FORGED OR CAUSE TO BE FORGED CERTAIN ACCOUNTDOCUMENTATION. CLAIMANTS ALSO ALLEGE RR MADE FALSESTATEMENTS THAT WERE MATERIAL TO CLAIMANTS' DECISION TO INVEST.

Product Type: Direct Investment-DPP & LP InterestsReal Estate Security




Status:




$0.00


Settled




No



Allegations:


FROM 2008-2014, CLAIMANTS ALLEGE RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, GUARANTEEDRETURNS, AND FORGED OR CAUSED TO BE FORGED ACCOUNTDOCUMENTATION 65�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.





FROM 2008-2014, CLAIMANTS ALLEGE RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, GUARANTEEDRETURNS, AND FORGED OR CAUSED TO BE FORGED ACCOUNTDOCUMENTATION





Settlement Amount:







No

Disclosure 27 of 34

i



Allegations:






Yes66�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.







Status:




$0.00


Settled



No



Allegations:


FROM 2005-2009, CLAIMANTS ALLEGE RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, GUARANTEEDRETURNS, AND FORGED OR CAUSED TO BE FORGED ACCOUNTDOCUMENTATION





Settlement Amount:





No






Settlement Amount:



Disclosure 28 of 34

i



Allegations:


FROM 2002-2012, CLAIMANT ALLEGES THAT RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION.CLAIMANT ALSO ALLEGES RR MADE FALSE STATEMENTS THAT WEREMATERIAL TO CLAIMANT'S DECISION TO INVEST.





Status:




$0.00


Settled




No








Allegations:


FROM 2002-2012, CLAIMANT ALLEGES THAT RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION.CLAIMANT ALSO ALLEGES RR MADE FALSE STATEMENTS THAT WEREMATERIAL TO CLAIMANT'S DECISION TO INVEST.

Product Type: Equipment LeasingReal Estate Security




Settlement Amount:


Broker Statement I VEHEMENTLY ASSERT MY INNOCENCE TO THESE ALLEGATIONS. IBELIEVE THESE ARE THE WORK OF ONE OR TWO INDIVIDUALS THAT ARESOLICITING THESE COMPLAINTS. ALL I ASK FOR IS AN OPPORTUNITY TOCLEAR MY NAME.





No

Disclosure 29 of 34

i








Allegations:


FROM 2007-2010, CLAIMANT ALLEGES RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION.CLAIMANT ALSO ALLEGES RR SWITCHED MUTUAL FUND SHARESIMPROPERLY, AND MADE FALSE STATEMENTS THAT WERE MATERIAL TOCLAIMANT'S DECISION TO INVEST.

Product Type: Annuity-VariableMutual FundReal Estate SecurityOther: ICON FUND 11




Status:




$0.00


Settled




No



Allegations:


FROM 2007-2010, CLAIMANT ALLEGES RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION.CLAIMANT ALSO ALLEGES RR SWITCHED MUTUAL FUND SHARESIMPROPERLY, AND MADE FALSE STATEMENTS THAT WERE MATERIAL TOCLAIMANT'S DECISION TO INVEST.






Allegations: FROM 2007-2010, CLAIMANT ALLEGES RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION.CLAIMANT ALSO ALLEGES RR SWITCHED MUTUAL FUND SHARESIMPROPERLY, AND MADE FALSE STATEMENTS THAT WERE MATERIAL TOCLAIMANT'S DECISION TO INVEST.

Product Type: Annuity-VariableEquipment LeasingMutual FundReal Estate Security




Settlement Amount:







No

Disclosure 30 of 34

i



Allegations:









Product Type: Real Estate SecurityOther: ICON FUNDS, WAVELAND OIL AND GAS, BLOOM ENERGY




Status:




$0.00


Settled




No



Allegations:












Settlement Amount:







No

Disclosure 31 of 34

i



Allegations:


FROM 2002-2010 CLAIMANT ALLEGES RR MISREPRESENTED GUARANTEEDPAYMENTS OF INTEREST, VIOLATED SUITABILITY REQUIREMENTS BYRECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION.CLAIMANT ALSO ALLEGES RR SWITCHED MUTUAL FUND SHARESIMPROPERLY, AND MADE FALSE STATEMENTS THAT WERE MATERIAL TOCLAIMANT'S DECISION TO INVEST.







No








Status:




$0.00


Settled



Allegations:


FROM 2002-2010 CLAIMANT ALLEGES RR MISREPRESENTED GUARANTEEDPAYMENTS OF INTEREST, VIOLATED SUITABILITY REQUIREMENTS BYRECOMMENDING ILLIQUID PRODUCTS, FALSIFIED LIQUID AND NET WORTHINFORMATION, INFLATED INCOME, AND FORGED OR CAUSE TO BEFORGED CERTAIN ACCOUNT DOCUMENTATION. CLAIMANT ALSO ALLEGESRR SWITCHED MUTUAL FUND SHARES IMPROPERLY, AND MADE FALSESTATEMENTS THAT WERE MATERIAL TO CLAIMANT'S DECISION TO INVEST.





Settlement Amount:







No







Disclosure 32 of 34

i



Allegations:


FROM 2005-2010, CLAIMANT ALLEGES RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION, ANDMADE FALSE STATEMENTS THAT WERE MATERIAL TO CLAIMANT'SDECISION TO INVEST.

Product Type: Other: PRIVATE PLACEMENT




Status:




$0.00


Settled




No








Allegations:


FROM 2005-2010, CLAIMANT ALLEGES RR MISREPRESENTEDGUARANTEED PAYMENTS OF INTEREST, VIOLATED SUITABILITYREQUIREMENTS BY RECOMMENDING ILLIQUID PRODUCTS, FALSIFIEDLIQUID AND NET WORTH INFORMATION, INFLATED INCOME, AND FORGEDOR CAUSE TO BE FORGED CERTAIN ACCOUNT DOCUMENTATION, ANDMADE FALSE STATEMENTS THAT WERE MATERIAL TO CLAIMANT'SDECISION TO INVEST.





Settlement Amount:







No

Disclosure 33 of 34

i



Allegations:


FROM 2009, CLAIMANT ALLEGES RR MISREPRESENTED GUARANTEEDPAYMENTS OF INTEREST, VIOLATED SUITABILITY REQUIREMENTS BYRECOMMENDING ILLIQUID PRODUCTS, FALSIFIED LIQUID AND NET WORTHINFORMATION, INFLATED INCOME, AND FORGED OR CAUSE TO BEFORGED CERTAIN ACCOUNT DOCUMENTATION, AND MADE FALSESTATEMENTS THAT WERE MATERIAL TO CLAIMANT'S AND HERREPRESENTATIVES DECISION TO INVEST.











Status:




$0.00


Settled




No



Allegations:



Product Type: Equipment LeasingReal Estate Security









Settlement Amount:







No

Disclosure 34 of 34

i



Allegations:

SII INVESTMENTS

CLIENT ALLEGES REIT PURCHASED IN NOV 2009 WAS UNSUITABLE





Status:

Status Date:


Settled




No









$0.00



Allegations:

SII INVESTMENTS

CLIENT ALLEDGES REIT PURCHASED IN NOV 2009 WAS UNSUITABLE.





Status:




$0.00

Broker Statement DIAZ BELIEVES THAT THE PRODUCT IS SUITABLE FOR THE CUSTOMERAND THAT HE WILL PREVAIL ON THE COMPLAINT.


Settled




No


Docket/Case #: 1591626







Broker Statement DIAZ BELIEVES THAT THE PRODUCT IS SUITABLE FOR THE CUSTOMERAND THAT HE WILL PREVAIL ON THE COMPLAINT.






Customer Dispute - Closed-No Action / Withdrawn / Dismissed / Denied

This type of disclosure event involves (1) a consumer-initiated, investment-related arbitration or civil suit containing allegations of sales practiceviolations against the individual broker that was dismissed, withdrawn, or denied; or (2) a consumer-initiated, investment-related written complaintcontaining allegations that the broker engaged in sales practice violations resulting in compensatory damages of at least $5,000, forgery, theft, ormisappropriation, or conversion of funds or securities, which was closed without action, withdrawn, or denied.

Disclosure 1 of 11



Allegations:


Client alleges that the investment was fraudulent

Product Type: Oil & Gas




Status:


Settlement Amount:



Denied




Yes


FINRA



11/09/2018

Disclosure 2 of 11

i






Disclosure 2 of 11



Allegations:


FORMER CLIENT CLAIMS RECOMMENDATION BETWEEN 2006 AND 2009WERE MISREPRESENTED & UNSUITABLE. CLIENT ALSO CLAIMSUNAUTHORIZED TRADING REGARDING UPS STOCK.

Product Type: Direct Investment-DPP & LP InterestsEquity Listed (Common & Preferred Stock)Real Estate Security




Status:


Settlement Amount:


Firm Statement FIRM RECEIVED COMPLAINT FROM FORMER CLIENT'S ATTORNEY. IT WASDETERMINED THAT TRANSACTIONS IN QUESTION WERE PLACED BY THEREPRESENTATIVE WHILE HE WAS REGISTERED WITH ANOTHER FIRM.


Denied


TRANSACTIONS OCCURED AT ANOTHER BD, THEREFORE AMOUNT OFDAMAGE COULD NOT BE DETERMINED. IT APPEARS TO BE GREATERTHAN $5,000.




No








Allegations:


CLIENT IS ALLEGING SUBSTANTIAL LOSSES IN HIS ACCOUNT DUE TO LACKOF SUITABILITY AND UNAUTHORIZED TRADING BETWEEN THE PERIOD OF2006 THROUGH 2009.

Product Type: Equity Listed (Common & Preferred Stock)Oil & GasReal Estate SecurityOther: PRIVATE PLACEMENT




Status:


Settlement Amount:



Denied






No



Allegations:









Product Type: Equity Listed (Common & Preferred Stock)Oil & GasReal Estate SecurityOther: PRIVATE PLACEMENT




Status:


Settlement Amount:



Denied






No

Disclosure 3 of 11

i



Allegations:


CUSTOMER ALLEGED UNSUITABLE INVESTMENTS IN TWO ILLIQUIDDIRECT PARTICIPATION PRODUCTS PURCHASED IN MARCH OF 2006 ANDFEBRUARY OF 2008. CLIENT MADE THE SAME ALLEGATIONS IN AUGUST2014.











Status:


Settlement Amount:


Firm Statement CLIENT COMPLAINT FOR THE SAME ALLEGATIONS WAS DENIED IN 2010,AND AGAIN DENIED IN 2014.


Denied


CLIENT IS REQUESTING FULL REDEMPTION OF INVESTMENTS.




No



Allegations:


CUSTOMER ALLEGED UNSUITABLE INVESTMENTS IN TWO ILLIQUIDDIRECT PARTICIPATION PRODUCTS PURCHASED IN MARCH OF 2006 ANDFEBRUARY OF 2008. ALLEGATION MADE IN 2010 REPEATED IN 2014.




CLIENT IS REQUESTING FULL REDEMPTION OF INVESTMENTS










Status:


Settlement Amount:


Broker Statement CLIENT COMPLAINT FOR THE SAME ALLEGATIONS WAS DENIED IN 2010,AND AGAIN DENIED IN 2014.


Denied


No

Disclosure 4 of 11

i



Allegations:


CLIENT IS ALLEGING CHURNING AND SUITABLITY DURING THE PERIOD1/28/2008 AND 3/6/2008.

Product Type: Debt-CorporateDirect Investment-DPP & LP InterestsEquity Listed (Common & Preferred Stock)Mutual Fund




Status:





No






Status:


Settlement Amount:


Denied



Allegations:


CLIENT IS ALLEGING CHURNING AND SUITABILITY DURING THE PERIOD1/28/2008 AND 3/6/2008

Product Type: Debt-CorporateDirect Investment-DPP & LP InterestsMutual Fund




Status:


Settlement Amount:



Denied




No

Disclosure 5 of 11

i








Allegations:

SII INVESTMENTS

CLIENTS ALLEGE CHARGES FOR DOING BUSINESS WEREMISREPRESENTED AND DO NOT FEEL THEY WERE TREATED HONESTLY.

Product Type: Annuity-VariableDebt-CorporateDirect Investment-DPP & LP InterestsMutual Fund




Status:


Settlement Amount:


Firm Statement CLIENT FREE LOOKED ANNUITY CONTRACT AND FIRM REVERSED RECENTLP TRANSACTIONS TO THE CLIENTS SATISFACTION.


Closed/No Action




No



Allegations:

SII INVESTMENTS

CLIENTS ALLEGE CHARGES FOR DOING BUSINESS WEREMISREPRESENTED AND DO NOT FEEL THEY WERE TREATED HONESTLY.

Product Type: Annuity-VariableDebt-CorporateDirect Investment-DPP & LP InterestsMutual Fund 88�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.





Annuity-VariableDebt-CorporateDirect Investment-DPP & LP InterestsMutual Fund




Status:


Settlement Amount:


Broker Statement CLIENT FREE LOOKED ANNUITY CONTRACT AND SII REVERSED RECENTLP TRANSACTIONS TO THE CLIENT SATISFACTION


Closed/No Action




No

Disclosure 6 of 11

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Allegations:


CLIENT IS ALLEGING: 1)THERE WERE ERRORS MADE IN THE TRANSFER OFQUALIFIED FUNDS TO UNQUALIFIED ACCOUNTS; 2) A "WASH SALE"OCCURED IN ACCOUNT; AND 3)INABILITY TO ACCOUNT FOR CURRENTVALUE OF EACH ACCOUNT, INCLUDING $3,024 UNACCOUNTED FOR IN REITACCOUNT. THE ACTIVITY TOOK PLACE FROM 12/1/2007 TO 4/16/2009.





Is this an arbitration/CFTCreparation or civil litigation? 89�2020 FINRA. All rights reserved. Report about ANTHONY DIAZ.







Status:


Settlement Amount:



Closed/No Action


No



Allegations:


CLIENT IS ALLEGING: 1) THERE WERE ERRORS MADE IN THE TRANSFEROF QUALIFIED FUNDS TO UNQUALIFIED ACCOUNTS; 2) A "WASH SALE"OCCURED IN ACCOUNT; 3) INABILITY TO ACCOUNT FOR CURRENT VALUEOF EACH ACCOUNT, INCLUDING $3,024 UNACCOUNTED FOR IN REITACCOUNT. THE ACTIVITY TOOK PLACE FROM 12/01/2007 TO 04/16/2009.





Status:


Settlement Amount:


Closed/No Action




No






Settlement Amount:


Broker Statement HIS MAIN COMPLAINT CONCERNS THE ALBRIDGE SYSTEM. THEREPORTING GIVEN TO ALBRIDGE WAS INCORRECT. FOR EXAMPLE, THEREPORTING OF THE INLAND AMERICAN REAL ESTATE TRUST ASSETPURCHASED. SINCE THE FUNDS WERE FROM HIS IRA, WE PURCHASEDTHE ASSET WITHIN HIS IRA. BEAR STEARNS, NOW JPMORGAN,REPORTED THE COST AS $1.00/SHARE INSTEAD OF $10.00/SHARE.BECAUSE OF THIS, WHEN THE CLIENT ACCESSED HIS IRA ACCOUNT ONALBRIDGE, IT SHOWED THE CLIENT OWNED ONLY $2,336.00 OF THE ASSETAND NOT $23,360. HIS OTHER COMPLAINT WAS HIS 59 SHARES OFEXELON (EXC) STOCK. HE STATED WE PLACED THE STOCK IN HIS IRA.WE TRANSFERRED THE STOCK INTO AN INDIVIDUAL ACCOUNT IN HISNAME. FINALLY, ANOTHER COMPLAINT DEALT WITH MARGIN ON HISACCOUNT. OUR OFFICE NEVER PLACED MARGIN ON HIS ACCOUNT. WEDO NOT KNOW WHY THE REPORTING ON THE ALBRIDGE SYSTEMSHOWED MARGIN ON THEIR ACCOUNT. OUR OFFICE HAD TWO OR MORECONFERENCE CALLS WITH THE CLIENT AND SHELLY MCDADE FROM FIRSTALLIED CONCERNING THESE ISSUES. SHELLY INFORMED HIM SHEREMOVED OR DELETED THE MARGIN BUT IT WOULD APPEAR UNDERHISTORICAL DATA. UNFORTUNATELY, WE CANNOT CONTROL ANOTHERCOMPANY'S SYSTEM.

Disclosure 7 of 11

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Allegations:

FIRST ALLIED SECURITIES INC

MISREPRESENTATION

Product Type: Annuity(ies) - Variable




Status:



Withdrawn






Settlement Amount:


Disclosure 8 of 11

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Allegations:

FIRST ALLIED SECURITIES INC

CLIENT ALLEGES MISREPRESENTATION & NOT FULFILLING FIDUCIARYRESPONSIBILITIES FROM 12/9/2005 TO 6/22/2006.





Status:


Settlement Amount:



Denied

Disclosure 9 of 11

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Allegations:

ROUND HILL SECURITIES & FIRST ALLIED SECURITIES, INC.

MISREPRESENTATION FROM 11/2003-11/2005











Status:


Settlement Amount:


Denied

Disclosure 10 of 11

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Allegations:

RAYMOND JAMES FINANCIAL SERVICES, INC

CLIENT ALLEGES FORGERY.

Product Type: Other

Other Product Type(s): ANNUITY




Status:


Settlement Amount:



Denied

Disclosure 11 of 11

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Allegations:

RAYMOND JAMES FINANCIAL SERVICES, INC

CLIENT ALLEGES UNAUTHORZIED TRADING. NO COMPENSATORYDAMAGES CLAIMED, BUT APPEAR TO BE GREATER THAN $5000.






Allegations: CLIENT ALLEGES UNAUTHORZIED TRADING. NO COMPENSATORYDAMAGES CLAIMED, BUT APPEAR TO BE GREATER THAN $5000.

Product Type: Other

Other Product Type(s): ANNUITY

Alleged Damages:



Status:


Settlement Amount:



Denied






Customer Dispute - Pending

This type of disclosure event involves (1) a pending consumer-initiated, investment-related arbitration or civil suit that contains allegations of salespractice violations against the broker; or (2) a pending, consumer-initiated, investment-related written complaint containing allegations that thebroker engaged in, sales practice violations resulting in compensatory damages of at least $5,000, forgery, theft, or misappropriation, orconversion of funds or securities.

Disclosure 1 of 1



Allegations:

1ST ALLIED, SII, MATRIX, KOVACH, IFS, SANDLAPPER, IBN

CLIENTS ALLEGE MULTIPLE BDS ALLOWED REPRESENTATIVE TO INVESTIN HIGH COMMISSIONED, UNSUITABLE, ILLIQUID PRODUCTS, INCLUDING A-SHARE MUTUAL FUNDS.

Product Type: Annuity-VariableDirect Investment-DPP & LP InterestsEquipment LeasingMutual FundReal Estate Security




Settlement Amount:






Yes


FINRA



07/13/2015






Employment Separation After Allegations

This type of disclosure event involves a situation where the broker voluntarily resigned, was discharged, or was permitted to resign after beingaccused of (1) violating investment-related statutes, regulations, rules or industry standards of conduct; (2) fraud or the wrongful taking ofproperty; or (3) failure to supervise in connection with investment-related statutes, regulations, rules, or industry standards of conduct.

Disclosure 1 of 5


Employer Name: SANDLAPPER SECURITIES LLC

Termination Type: Discharged

Termination Date: 09/19/2012

Allegations: DURING AN INTERNAL INVESTIGATION IT WAS DISCOVERED THAT THEREGISTERED REPRESENTATIVE WAS SOLICITING SALES OF ANNUITIES TOCLIENTS AND WAS NOT APPOINTED WITH THE ANNUITY COMPANIES TOSELL THE ANNUITIES. THE REPRESENTATIVE WAS HAVING CLIENTSCOMPLETE THE ANNUITY CONTRACTS AND GIVING THE PAPERWORK TOTHE PRINCIPAL IN HIS OFFICE TO SIGN AS THE SELLING AGENT.



Employer Name: SANDLAPPER WEALTH MANAGEMENT, LLC



Allegations: REGISTERED REPRESENTATIVE SOLICITED SALES OF VARIABLEANNUITIES TO CLIENTS WITHOUT BEING PROPERLY APPOINTED WITHANNUITY COMPANY.


Broker Statement SANDLAPPER HAD PRIOR KNOWLEDGE THROUGH WRITTEN AND VERBALCOMMUNICATION FROM MR. DIAZ AND MR. DUGGAN HIS OPERATIONSMANAGER REGARDING OFFICE AND SELLING PROCEDURE REGARDINGLINCOLN ANNUITY SALES. SANDLAPPER APPROVED ALL LINCOLN APPSSUBMIT AND PAID COMMISSIONS DIRECTLY TO MR. DIAZ. BOTH MR. DIAZAND MR. DUGGAN ARE LICENSED TO SELL VARIABLE ANNUITIES.BECAUSE MR. DIAZ DID NOT HAVE A SELLING AGREEMENT THOUGHLINCOLN ALL SALES WERE SIGNED BY MR. DUGGAN.

Disclosure 2 of 5

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Employer Name: SANDLAPPER SECURITIES, LLC



Allegations: DURING AN INTERNAL INVESTIGATION IT WAS DISCOVERED THAT THEREGISTERED REPRESENTATIVE WAS SOLICITING SALES OF ANNUITIES TOCLIENTS AND WAS NOT APPOINTED WITH THE ANNUITY COMPANIES TOSELL THE ANNUITIES. THE REPRESENTATIVE WAS HAVING CLIENTSCOMPLETE THE ANNUITY CONTRACTS AND GIVING THE PAPERWORK TOTHE PRINCIPAL IN HIS OFFICE TO SIGN AS THE SELLING AGENT.



Employer Name: SANDLAPPER SECURITIES, LLC



Allegations: REGISTERED REPRESENTATIVE SOLICITED SALES OF VARIABLEANNUITIES TO CLIENTS WITHOUT BEING PROPERLY APPOINTED WITHANNUITY COMPANY.


Broker Statement SANDLAPPER HAD PRIOR KNOWLEDGE THROUGH WRITTEN AND VERBALCOMMUNICATION FROM MR. DIAZ AND MR. DUGGAN HIS OPERATIONSMANAGER REGARDING OFFICE AND SELLING PROCEDURE REGARDINGLINCOLN ANNUITY SALES. SANDLAPPER APPROVED ALL LINCOLN APPSSUBMIT AND PAID COMMISSIONS DIRECTLY TO MR. DIAZ. BOTH MR. DIAZAND MR. DUGGAN ARE LICENSED TO SELL VARIABLE ANNUITIES.BECAUSE MR. DIAZ DID NOT HAVE A SELLING AGREEMENT THOUGHLINCOLN ALL SALES WERE SIGNED BY MR. DUGGAN.

Disclosure 3 of 5

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Employer Name: KOVACK SECURITIES, INC.








Allegations: FIRM RECEIVED WRITTEN AND VERBAL COMPLAINTS ALLEGING THAT MR.DIAZ ENTERED UNAUTHORIZED TRADES IN THEIR ACCOUNTS.

Product Type: Mutual Fund


Employer Name: KOVACK SECURITIES



Allegations: KOVACK SECURITIES ALLEGES FIRM RECEIVED WRITTEN AND VERBALCOMPLAINTS ALLEGING MR. DIAZ ENTERED UNAUTHORIZED TRADES INTHEIR ACCOUNTS.

Product Type: Mutual Fund

Disclosure 4 of 5

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Employer Name: SII INVESTMENTS, INC.



Allegations: VIOLATED THE FIRM'S PROHIBITION AGAINST UNAUTHORIZED TRADING.

Product Type: Debt-GovernmentMutual Fund


Employer Name: SII INVESTMENTS



Allegations: VIOLATED POLICY ON UNAUTHORIZED TRADING

Product Type: Debt-GovernmentMutual Fund

Broker Statement THE CLIENT AND BROKER DISAGREE ABOUT AUTHORIZATION TOREINVEST EXCESS CASH THAT WAS INITIALLY RAISED TO PAY TAXES ANDBILLS. ANTHONY HAD A PHONE CALL WITH THE CLIENT ABOUT THE IDLECASH AND WAS SUBSEQUENTLY DIRECTED TO REINVEST THE FUNDS;THE CLIENT NOW BELIEVES THAT SHE DID NOT SAY TO DO SO.






THE CLIENT AND BROKER DISAGREE ABOUT AUTHORIZATION TOREINVEST EXCESS CASH THAT WAS INITIALLY RAISED TO PAY TAXES ANDBILLS. ANTHONY HAD A PHONE CALL WITH THE CLIENT ABOUT THE IDLECASH AND WAS SUBSEQUENTLY DIRECTED TO REINVEST THE FUNDS;THE CLIENT NOW BELIEVES THAT SHE DID NOT SAY TO DO SO.

Disclosure 5 of 5

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Employer Name: EDWARD JONES



Allegations: PROVIDE INACCURATE INFORMATION TO FIELD SUPERVISOR

Product Type: Other

Other Product Types: NONE

Broker Statement RESPONDED TO FIELD SUPERVISOR "ABOUT 1.5 TO 2 YEARS AGO" INREGARD TO A DFA FILED AGAINST ME BY MY EXWIFE. THEY WANTEDEXACT INFORMATION WHICH WAS 9 MONTHS INSTEAD OF 1.5 TO 2 YEARS.THIS WAS NOT RELATED TO CLIENTS - THIS WAS PERSONAL REGARDINGTHE DIVORCE.






Judgment / Lien

This type of disclosure event involves an unsatisfied and outstanding judgments or liens against the broker.

Disclosure 1 of 2


Judgment/Lien Amount: $26,314.89

Judgment/Lien Holder: COMMONWEALTH OF PENNSYLVANIA, BUREAU OF COMPLIANCE

Judgment/Lien Type: Tax

Date Filed with Court: 12/05/2014

Judgment/Lien Outstanding? Yes

Type of Court: State Court

Name of Court: COURT OF COMMON PLEAS

Location of Court: MONROE COUNTY, PENNSYLVANIA


Date Individual Learned: 03/17/2015

Disclosure 2 of 2

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Judgment/Lien Amount: $22,698.47

Judgment/Lien Holder: COMMONWEALTH OF PENNSYLVANIA, BUREAU OF COMPLIANCE

Judgment/Lien Type: Tax

Date Filed with Court: 05/21/2013

Judgment/Lien Outstanding? Yes

Broker Statement MR. DIAZ AND HIS ACCOUNTANT BELIEVE THIS LIEN WAS PLACED INERROR AS A RESULT OF ERRONEOUS 1099'S HAVING BEEN ISSUED BYCOMPANIES WITH WHICH MR. DIAZ WAS FORMERLY ASSOCIATED. THEYARE SEEKING TO RESOLVE AND REMOVE THIS LIEN.

Type of Court: State Court

Name of Court: COURT OF COMMON PLEAS

Location of Court: MONROE COUNTY, PENNSYLVANIA


Date Individual Learned: 06/09/2013






MR. DIAZ AND HIS ACCOUNTANT BELIEVE THIS LIEN WAS PLACED INERROR AS A RESULT OF ERRONEOUS 1099'S HAVING BEEN ISSUED BYCOMPANIES WITH WHICH MR. DIAZ WAS FORMERLY ASSOCIATED. THEYARE SEEKING TO RESOLVE AND REMOVE THIS LIEN.






End of Report

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