Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Emanuele (Emanuele), currently associated with Lebenthal Financial Services, Inc., has at least 2 disclosable events. These events include 2 tax liens, alleging that Emanuele recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on November 20, 2024.
On August 1, 2024, without admitting or denying the findings, Emanuele entered into an Acceptance, Waiver and Consent (“AWC”) with FINRA wherein Emanuele consented to the entry of findings that in July 2023, Emanuele certified to the State of New York that he had personally completed 15 hours of insurance continuing education (CE) credits required to renew his license in July 2023 to sell various insurance products, including securities such as variable annuities. Emanuele knew that he had not completed the required CE that were completed by another person on his behalf in June 2023. Emanuele agreed to a one-month suspension from associating with any FINRA member in all capacities and to the payment of a fine in the amount of $5,000.
