JOE KELLY – VCS VENTURE SECURITIES Broker Investigated by FINRA – Goodman & Nekvasil, P.A.
VCS VENTURE SECURITIES Broker, JOE KELLY Has An Investigated by FINRA.
JOE KELLY
CRD#: 4560737
JOSEPH KELLY (CRD#: 4560737), a registered representative for VCS VENTURE SECURITIES in New York, NY, is the subject of a FINRA investigation. According to Kelly’s FINRA BrokerCheck report, On March 6, 2025, FINRA made a preliminary determination to recommend that disciplinary action be brought against Joseph Kelly alleging willful violation of the Securities Exchange Act of 1934 Section 10(b) and Rule 10b-5 thereunder and violation of FINRA Rules 2020 and 2010 in that he churned; violation of FINRA Rules 2111 and 2010 in that he unsuitably and excessively traded; willful violation of the Best Interest Obligation under Rule 15l-1 of the Securities and Exchange Act of 1934 (Reg BI) and violation of FINRA Rule 2010 in that he excessively traded; and violation of FINRA Rule 2010 in that he participated in unauthorized trading.
Kelly has two previous investor complaints that settled. One settled complaint alleged “churning”, while the other settled complaint alleged “excessive trading”.
JOE KELLY – VCS VENTURE SECURITIES Broker Investigated by FINRA – Goodman & Nekvasil, P.A.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 4/17/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.