Jeffrey Hall Heely (Jeffrey Heely) – Financial Advisor/Broker Jeffrey Heely Suspended from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Jeffrey Hall Heely (Jeffrey Heely) CRD #1188842
Jeffrey Heely was a previously licensed financial advisor/broker with NMS Capital Advisors, LLC, Four Points Capital Partners LLC, Rainmaker Securities, LLC and Sanctuary Securities LLC. According to FINRA, Jeffrey Heely was fined $5,000 and suspended from the securities industry for two months in November 2019.
According to FINRA Allegations:
Between January and May 2019, while registered through NMS Capital Advisors, Heely engaged in an undisclosed outside business activity for which he received compensation. Without providing prior written notice to NMS, Heely registered and incorporated Mainbrace Associates LLC. Mainbrace, through Heely, then entered into a contract with a company to raise money through a private placement offering of senior secured notes. Heely solicited at least fourteen potential investors, none of whom were NMS clients, to invest in the offering. Although Heely’s outside business activities did not result in any investments, Heely received $17,000 as compensation for his work. Heely actively concealed his involvement with Mainbrace and the offering by conducting his Mainbrace-related activities through a personal email address and by falsely denying engaging in any outside business activities in communications with his firm’s compliance department.
According to Jeffrey Heely BrokerCheck Report, a customer dispute has been filed alleging sales practice violations against Jeffrey Heely.
Customer Dispute (9/23/2019): Allegations include that Jeffrey Heely engaged with client without firm knowledge to enter into a private placement transaction. He signed an agreement on behalf of the firm on a non firm approved engagement agreement, using the wrong firm’s name. He also accepted funds from the company outside of the firm’s knowledge.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Jeffrey Heely 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 Jeffrey Heely’ 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 Jeffrey Heely 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.
Some of the information in this blog post was obtained on 4/22/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.
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