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FINRA Suspends Former Finalis Rep Over Reg BI, Private Fund Sale
AltsWire reports that FINRA settled a disciplinary case involving former Finalis Securities representative Deyon Robertson. The settlement accepted on October 21, 2026, calls for a five-month suspension, a $10,000 fine and $2,400 in partial restitution plus interest. Robertson consented without admitting or denying FINRA's findings.
FINRA found that Robertson recommended a $48,000 investment in an illiquid residential real estate fund to a customer with $175,000 in liquid net worth, violating Regulation Best Interest. The case also involved participation in a separate house-flipping venture without prior written notice to his firm. The reported findings concern Robertson; the article does not report findings against Finalis.
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