Articles Tagged with Structured Certificates of Deposit

FINRA has suspended Ricky Alan Mantei from the securities industry for 30 business days. According to an Office of Hearing Officers (“OHO”) decision from February 18, 2021, Mantei violated his firm’s prearranged trading prohibition and circumvented its cross-trade procedures by directing prearranged trading with intermediaries in order to facilitate and disguise cross trades. Mantei was fined a total of $15,000 for violating FINRA Rule 2010 and MSRB Rule G-17.

If the OHO decision becomes FINRA’s final disciplinary action, Mantei’s 30-day suspension will run from April 19, 2021, to June 1, 2021.

If you have invested with Ricky Alan Mantei, contact New York securities arbitration lawyers Iorio Altamirano LLP for a free and confidential evaluation of your account.

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