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Kenneth Wlosek Suspended

Kenneth Wlosek – Financial Advisor

According to FINRA, Kenneth Wlosek (CRD#: 1271626) was recently suspended from the securities industry for nine months and fined $10,000.

FINRA alleges Wlosek willfully failed to disclose on his Form U4 five federal tax liens, a state tax lien and a civil judgment that had been filed against him. The findings stated that Wlosek falsely represented to his member firm in a compliance questionnaire that he had reviewed his Form U4 and there was no need to amend his previous responses, including Wlosek’s answer to Question 14M stating that he did not have any unsatisfied judgements and liens.

According to his FINRA BrokerCheck, Wlosek was registered with Insight Securities in Mahwah, NJ from March 2016 until he was discharged in June 2016 for the prior allegations. His previous employer was Ridgewood Securities in Montvale, NJ from 08/13/2008 – 04/15/2014.

Brokerage firms are required to adequately supervise their advisors. They must ensure they are complying with FINRA rules. The firms can be held responsible for any losses in a FINRA arbitration claim if it is determined that they failed to properly supervise their agent.

Free Consultation

 If you suffered losses investing with Kenneth Wlosek , the attorneys at The White Law Group may be able to help you. For a free consultation, please call (888) 637-5510.

The foregoing information, which is all publicly available, is being provided by The White Law Group.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee. For more information, please visit our website, www.whitesecuritieslaw.com.



Tags: , , , , , , , , , , Last modified: November 14, 2018