RICHARD IRL KONST

RICHARD IRL KONST is currently employed as a Broker and/or Investment Adviser at ACCESS FINANCIAL GROUP, INC. located at 118 N. CLINTON, SUITE 450, CHICAGO, IL, 60661.

RICHARD IRL KONST has worked at ACCESS FINANCIAL GROUP, INC. since February 02, 1995

Disclosure History

RICHARD IRL KONST has 2 Disclosure Event(s).

Date: October 09, 2007
Category: Regulatory

Date: January 01, 1976
Category: Customer Dispute
Allegations: ALLEGED BROKER DEAT WITH RESIDENT OF OHIOWHILE NOT REGISTERED IN OHIO ALLEGED VIOLATONS OF NYSE "KNOWYOUR CUSTOMER RULE. RULES OFFAIR PRACTICE OFNASD RULES 10B-5SEC,
Damage Amount Requested: $42,500.00
Settlement Amount: $14,000.00
Broker Comment: THE LITIGATION WAS SETTLED FOR $14,000.00.KONST/DREXEL BURNHAM LAMBERT NAMED AS DEFENDENTBY FORMER ACCT. ALLEGED VIOLATION SECTION 1707.14 OF OHIOREVISED CODE/KONST DEALT WITH PLAINTIFF WHILE NOT LICENSED ASDEALER IN OHIO CUSTOMERS SOUGHT SELECTIVE RECISSION OF LOSINGTRANSACTIONS. COMPLAINT ALSO CONTRAINED CAUSES OF ACTION FORKNOW YOUR CUSTOMER RULE OF NEW YORK STOCK EXCHANGE. NASD ANDRULE OF 10B-5 PLY SEC.KNOST AND DBL FILED AN ANSWER TO THECOMPLAINT WHICH DENIED ALL OF THE MATERIAL ALLEGATIONS OFCOMPLAINT. COMPLAINT SOUGH DAMAGES OF A LEAST 42,500. THELITIGATION WAS SETTLED FOR 14,000. COUNSEL HAS ADVISED THESETTLEMENT OF ACTION WAS BASED SOLEY UPON ALLEGED VIOLATION OFOHIO BLUE SKY LAW. THIS TOOK PLACE IN 1976.

More Information

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