Author Archives: Jay Butchko
Florida Financial Advisor Now Barred by FINRA
Christopher Charles Hellman (CRD #6584084) was previously a registered broker and a registered investment advisor. In the early part of 2016, he was employed at FMSBonds in Miami, Florida. From September 2016 to October 2018, he served as a representative of Merrill Lynch in Boca Raton, Florida. Recently, Mr. Hellman was barred by FINRA…. Read More »
FINRA Arbitration Panel: Florida Investor Awarded Compensation for Puerto Rico Bond Losses
On February 11th, 2019, the Financial Industry Regulatory Authority (FINRA) Office of Dispute Resolution announced that a Florida investor, representing his retirement plan, was entitled to $135,629.61 in compensatory damages and associated legal costs. The dispute (Case Number: 16-00737) was centered around investments in Puerto Rican government bonds. In this article, our experienced Miami… Read More »
FINRA Complaint: Tampa Broker Submitted False Reimbursement; Misled Investigators
Nancy Kimball Mellon (CRD#: 1253484) is a former registered broker and registered investment advisor. From 2012 to 2016, Ms. Mellon was associated with Wells Fargo Clearing Services, LLC based at a branch office in Tampa, Florida. Previously, she was also a representative for Morgan Stanley (2009 to 2012) and for Citigroup (2004 to 2009)…. Read More »
SEC Awards Nearly $55 Million to Two Whistleblowers
On September 6th, 2018, the Securities and Exchange Commission (SEC) announced two new whistleblower awards. One SEC whistleblower was awarded $15 million for disclosures, and another was awarded more than $39 million — that being the second largest award in the history of the program. At Carlson & Associates, P.A., our Miami SEC whistleblower… Read More »
