Bruce Plyer— Alleged Unauthorized Trading in Customer Accounts

Bruce Arnold Plyer Allegedly Engaged in Unauthorized Trading in Customer Accounts

Bruce Plyer allegedly engaged in unauthorized trading in customer accounts, according to a Regulatory Action Filed on October 29, 2018 on Plyer’s FINRA BrokerCheck Report under review by by investor rights attorney Alan Rosca.

Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Bruce Plyer’s alleged unauthorized trading. Investors who believe they may have lost money in activity related to Bruce Plyer’s alleged unauthorized trading are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Bruce Plyer Barred Indefinitely by FINRA

Bruce Plyer, based on the aforementioned alleged behavior, fell under the scope of a FINRA investigation, FINRA notes.

Bruce Plyer then allegedly failed to appear and provide FINRA with requested on-the-record testimony in connection with an investigation concerning allegations that he purportedly engaged in unauthorized trading in customer accounts, FINRA notes. Hence, Plyer was barred indefinitely by FINRA in all capacities starting on October 29, 2018, FINRA states.

Bruce Plyer has 6 disclosures on FINRA BrokerCheck Report, and has worked for 29 years in the securities industry at 4 different firms, including the following:

• International Assets Advisory, LLC in Morristown, NJ — December 22, 2016 to February 28, 2017
• Morgan Stanley, Florham Park, NJ — June 1, 2009 to December 23, 2016
• Citigroup Global Markets Inc. Florham, NJ — July 31, 1993 to June 1, 2009
• Lehman Brother Inc., New York, NY — May 21, 1987 to July 31, 1993

Plyer’s BrokerCheck Report also states that Morgan Stanley discharged Plyer following allegations regarding Plyer’s alleged execution of trades in clients’ accounts without authorization, FINRA notes.

Plyer’s BrokerCheck Report also notes that Plyer settled a customer dispute filed on February 16, 2011 that alleges that Plyer engaged in unsuitable and excessive margin trading, FINRA states. Said claim was settled for $600,000, FINRA notes.

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.

Securities Lawyer Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Bruce Plyer’s alleged unauthorized trading. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Bruce Plyer’s alleged unauthorized trading may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.

DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

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