Daniel Todd Levine Allegedly Solicited a Senior Firm customer to Borrow Funds for an Outside Business Activity, & Executed Unauthorized Trades

Daniel Levine allegedly engaged in undisclosed outside business activities, solicited a senior firm customer to borrow funds for an outside business activity, and executed unauthorized trades, among other alleged conduct, according to a Final Regulatory Action disclosed on Levine’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.

Said Regulatory Action was filed on January 8, 2019 on Daniel Levine’s FINRA BrokerCheck Report.

Securities attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Daniel Levine’s alleged undisclosed outside business activities and executed unauthorized trades. Investors who believe they may have lost money in activity related to Daniel Levine;s alleged undisclosed outside business activities are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Daniel Levine Barred in All Capacities by FINRA

Daniel Levine, based on the aforementioned alleged behavior, reportedly fell under the scope of a FINRA investigation, FINRA notes.

Levine, without admitting or denying the findings, allegedly consented to the sanction and to the entry of findings that he allegedly failed to provide FINRA with requested documents and information related to its investigation into allegations that he engaged in undisclosed outside business activities, solicited a senior firm customer to borrow funds for an outside business activity, FINRA reports.

Daniel Levine, FINRA states, has been registered at the following firms:

  • First Financial Equity Corporation, Greenwood Village, Colorado— July 5, 2018 to August 7, 2018
  • Morgan Stanley,  Greenwood Village, Colorado— June 7, 2013 to August 2, 2018
  • UBS Financial Services Inc., Littleton, Colorado— February 15, 2008 to June 17, 2013
  • Merrill Lynch, Pierce, Fenner & Smith Incorporated, Englewood, Colorado— December 6, 2002 to February 22, 2008

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 mentioned in this article, unless otherwise indicated.

Securities Lawyer Investigating

The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related misconduct and are currently investigating Daniel Levine’s alleged undisclosed outside business activities. 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, 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 Daniel Levine’s alleged undisclosed outside business activities may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at rosca@lawgsp.com, or through the contact form on this webpage.

filed under: Investigations

Tags: , , , ,

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 cases about which we report, and/or to publish subsequent updates regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases. Also, the brokercheck report linked to some of our blogs is the up-to-date version as of the date of posting. Visitors may check the most recent version of each brokercheck report at www.finra.org.