Date: March 30, 2001 Category: Customer Dispute Allegations: ON 03/30/2001 CLIENT CALLED WMA HEADQUARTERS TO CHEER ON HIS INVESTMENTS HIS WIFE WAS RETIRING 6/01. NEVER MADE A COMPLAINT - LETTER PROVIDED AND FAXED TO NASD DISCLOSURE REVIEW INDIVIDUAL 240-386-4757. Damage Amount Requested: $10,000.00 Broker Comment: I ATTENDED A COMPLIANCE MEETING IN EARLY 1994. WAS VERBALLY TOLD AT MEETING THAT VIATICALS WERE OK TO SELL BY MY OSJ. THIS WAS CONFIRMED BY MY MARKETING DIRECTOR. I SOLD ONE (1) VIATICAL. RECEIVED COMPLIANCE BULLETIN IN STATING VIATICALS WERE FORBIDDEN AFTERWARDS. I DESTROYED ALL VIATICAL INFORMATION
Date: March 30, 2001 Category: Employment Separation After Allegations Firm Name: WORLD MARKETING ALLIANCE Termination Type: Discharged Allegations: WMA FIRST ACCUSED ME OF VIOLATING OBA RULES AND CUSTOMER COMPLAINT AMENDED U5 REMOVING THE ALLEGED COMPLAINT Broker Comment: WAS PERMITTED IN 1994 TO SELL VIATICALS BY OSJ. THIS WAS DONE VERBALLY AT A COMPLIANCE MEETING. CLIENT CALLED WMA TO CHECK ON HIS INVESTMENTS. NASD REVIEW OF EVERYTHING DETERMINED THEIR LETTER OF CAUTION.
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for JOHN PAUL ROMANUCCI, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More