PAUL LAWRENCE DELISIO

PAUL LAWRENCE DELISIO is currently employed as a Broker and/or Investment Adviser at CETERA ADVISOR NETWORKS LLC located at 106 MAIN STREET SUITE 102 / P.O. BOX 3625, KINGSTON, NY, 12402.

PAUL LAWRENCE DELISIO has worked at CETERA ADVISOR NETWORKS LLC since September 03, 2013

Disclosure History

PAUL LAWRENCE DELISIO has 2 Disclosure Event(s).

Date: March 10, 2015
Category: Customer Dispute
Allegations: THE CUSTOMER ALLEGES THE VARIABLE UNIVERSAL LIFE INSURANCE PRODUCT PURCHASED IN OR AROUND SEPTEMBER 1996 WAS MISREPRESENTED AND NOT FULLY EXPLAINED. THE CUSTOMER FURTHER ALLEGES THE POLICY MAY NOT BE SUSTAINABLE AND REQUESTS A SOLUTION.
Damage Amount Requested: $111,639.23
Settlement Amount: $627.60

Date: December 03, 1992
Category: Regulatory
Initiated By: N.Y. STATE INSURANCE DEPT.
Allegations: ON 46 OCCASIONS DURING 1989 IN NEW YORKSTATE, PAUL DELISIO UNINTENTIONALLY AIDED EMPIRE BENEFITS PLANIN THE DOING OF AN UNLICENSED INSURANCE BUSINESS CONTRARY TOTHE PROVISIONS OF SECTION 2117 OF THE INSURANCE LAW.
Resolution: Stipulation and Consent Sanction Details: PAUL DELISIO WAIVED HIS RIGHT TO NOTICE ANDHEARING AND CONSENTED TO IMPOSITION OF A CIVIL PENALTY OF$460.00.
Broker Comment: Not Provided

More Information

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 PAUL LAWRENCE DELISIO, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.