# FINRA Suspends Former Finalis Rep Over Reg BI, Private Fund Sale

Canonical page: https://sequoia-research.com/news/finra-suspends-former-finalis-rep-over-reg-bi-private-fund-sale-5c3f26fa

Author: Sequoia Research
Published: 2026-10-23T22:22:59.639Z
Updated: 2026-10-24T03:42:49.733Z
Original source: [AltsWire](https://altswire.com/finra-suspends-former-finalis-rep-over-reg-bi-private-fund-sale/)
Source published: 2026-10-23T21:23:19.000Z
Type: News
Topics: Alternative Investments

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.

[Read the original](https://altswire.com/finra-suspends-former-finalis-rep-over-reg-bi-private-fund-sale/)

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- What assets and investment structure sit behind the announcement?
- Which statements are historical results, sponsor projections, or marketing claims, and what independent evidence supports them?

This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.

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