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Displaying 11-11 out of 11 results for "Excessive Markups".

FINRA Press Release: Excessive Mark-Ups

FINRA Expels APS Financial, Bars Former President and Former Broker for Targeting an Elderly Investor with Fraudulently Excessive Mark-ups

The Financial Industry Regulatory Authority (FINRA) issued a press release today announcing that

"it has expelled APS Financial Corporation, located in Austin, Texas, barred the firm's former President, George Conwill, and barred Peter Aman, a former broker at the firm, in a scheme which overcharged an elderly investor by $1.2 million."

The...

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