Guy Conger - Financial Advisor Guy Conger Suspended from Securities Industry
Goodman & Nekvasil P.A., May Recover Investor Losses | Guy Conger – Financial Advisor Guy Conger Suspended from Securities Industry
Guy Conger CRD #2280420
Guy Conger was formerly licensed with Money Concepts Capital Corp. in San Antonio, TX. FINRA reports that Guy Conger was suspended from the securities industry for 6 months and fined $15,000 in February, 2018.
According to FINRA: Guy Conger consented to the sanctions and to the entry of findings that Guy Conger improperly used discretion to place trades in customers' accounts. The findings stated that although the customers had given Guy Conger verbal permission to use discretion in the accounts, Guy Conger did not receive written authorization to use discretion in the accounts and his member firm had not accepted the accounts as discretionary. The findings also stated that Guy Conger caused Guy Conger’s firm's books and records to be inaccurate by mismarking order tickets as unsolicited when they were solicited, and mismarking order tickets as not discretionary trades when they were discretionary. The findings also included that Guy Conger falsely completed annual compliance attestations stating that he had not used discretion in customer accounts during the prior year, when, in fact, he had. FINRA found that Guy Conger made misleading and unwarranted statements in email communications with customers. Guy Conger's statements in the emails to the customers included false, exaggerated, unwarranted, promissory or misleading statements or claims and an unwarranted prediction of performance.
If you lost money on investments with Guy Conger and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Guy Conger conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Guy Conger and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock ExchangeBack to Blogs