Noel Carino Allegedly Engaged in Outside Business Activities without Written Notice to His Member Firm, & Purportedly Engaged in Private Securities Transactions
Noel Carino, of Blue Springs, Missouri, allegedly engaged in outside business activities without written notice to his member firm, according to a Regulatory Action Filed on Carino’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.
The aforementioned action was filed on November 30, 2018, FINRA states, and also alleges that Carino also reportedly engaged in private securities transactions without written notice to or approval from the firm.
Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Noel Carino’s alleged outside business activities. Investors who believe they may have lost money in activity related to Noel Carino’s alleged outside business activities are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Noel Carino Barred by FINRA in All Capacities
Noel Carino, based on the aforementioned alleged behavior, fell under the scope of a FINRA investigation, according to his FINRA BrokerCheck Report.
Carino allegedly refused to provide documents and information requested by FINRA in connection with its investigation into whether he allegedly engaged in outside business activities without written notice to his member firm, whether he allegedly engaged in private securities transactions without written notice to or approval from the firm, and whether he allegedly reported all outside brokerage accounts in which he had an interest to the firm, FINRA notes.
Carino, by refusing to cooperate with the investigation, was barred by FINRA in all capacities starting on November 30, 2018, FINRA states.
Noel Carino has spent 18 years in the securities industry with three different firms, and was a registered representative and financial advisor with General Securities Corp. from August 15, 2006 to October 31, 2017, FINRA notes. He worked out of branch offices in North Kansas City and Blue Springs, Missouri.
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 Noel Carino’s alleged 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, 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 Noel Carino’s alleged 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 arosca@rscounsel.law, or through the contact form on this webpage.