STEVEN JOHN KOWITSKI

STEVEN JOHN KOWITSKI is currently employed as a Broker and/or Investment Adviser at STIFEL, NICOLAUS & COMPANY, INCORPORATED located at 18 COLUMBIA TURNPIKE, FLORHAM PARK, NJ, 07932.

STEVEN JOHN KOWITSKI has worked at STIFEL, NICOLAUS & COMPANY, INCORPORATED since August 21, 2007

Disclosure History

STEVEN JOHN KOWITSKI has 4 Disclosure Event(s).

Date: October 29, 2009
Category: Customer Dispute
Allegations: PLAINTIFF ALLEGES THAT KOWITSKI PROVIDED INACCURATE TAX ADVICE IN CONNECTION WITH WITHDRAWAL FROM PENSION PLAN.
Damage Amount Requested: $90,000.00
Settlement Amount: $25,000.00

Date: July 09, 2009
Category: Customer Dispute
Allegations: CLIENT'S AUTHORIZED AGENT ALLEGES UNSUITABLE TRANSACTIONS. ACTIVITY PERIOD: 11-29-01 THROUGH 4-14-08
Damage Amount Requested: $5,000.00

Date: June 21, 2004
Category: Customer Dispute
Allegations: CLIENT ALLEGES THAT CONSULTANT INFORMED HIM THAT IF HE WITHDREW MONEY FROM HIS IRA TO BE APPLIED TOWARDS PURCHASE OF HIS PRIMARY RESIDENCE, THEN NO TAXES OR PENALTIES WOULD BE APPLIED OR ASSESSED PERTAINING TO THAT WITHDRAWAL. HOWEVER,IN WITHDRAWING MONEY FROM HIS IRA, TAXES AND PENALTIES WERE IN FACT ASSESSED.
Damage Amount Requested: $82,000.00

Date: August 26, 1965
Category: Regulatory
Initiated By: SECURITIES AND EXCHANGE COMMISSION
Allegations: DURING THE PERIOD FROM ABOUT APRIL 1960 TO ABOUTNOVEMBER 1961, KOWITSKI WILLFULLY VIOLATED SECTION 17(A) OF THE SECURIITES ACT AND SECTIONS 10(B) AND 15(C)(1) OF THE EXCHANGE ACT AND RULES 17 CFR 240.10B-5 AND 15C1-2THEREUNDER IN THE OFFER AND SALE OF THE COMMON STOCK OF FEDERAL BOWLING CENTERS, INC. ("FEDERAL"). AS SET FORTH IN THE ORDER FOR PROCEEDINGS, SUCH VIOLATIONS INCLUDED THE MAKING OF FALSE AND MISLEADING STATEMENTS TO PURCHASERS AND PROSPECTIVE PURCHASERS REGARDING FEDERAL'S BUSINESS, EARNINGS AND FINANCIAL CONDITION, AND THE RECOMMENDING OF FEDERAL STOCK, WITHOUT REASONABLE INQUIRY AS TO MATERIAL FACTORS AFFECTING THE STOCK'S VALUE AND WITHOUT DISCLOSURE OF MATERIAL FACTS, TO CUSTOMERS WHOSE INVESTMENT NEEDS WERE UNKNOWN TO RESPONDENTS.
Resolution: Order SanctionDetails:
Sanctions: Suspension Sanction Details: 08-26-65 SEC REL. 34-7686: SUSPENDED 30 DAYS (09-01-65 -10-01-65).
Broker Comment: I WAS PRESIDENT OF GREAT EASTERN SECURITIES, AREGISTERED BROKER DEALER. UNDER SEC RELEASE #7686, THE FIRM ANDMYSELF SUBMITTED AN OFFER OF SETTLEMENT TO THE SEC. AS ARESULT, THE FIRM MEMBERSHIP IN THE NASD WAS SUSPENDED FOR NOTMORE THAN 120 DAYS AND I WAS SUSPENDED FOR A PERIOD OF 30 DAYS.

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