WILLIAM PASQUALE ALBANESE

WILLIAM PASQUALE ALBANESE is currently employed as a Broker and/or Investment Adviser at QUEST CAPITAL STRATEGIES, INC. located at 23832 ROCKFIELD BLVD, SUITE 130, LAKE FOREST, CA, 92630.

WILLIAM PASQUALE ALBANESE has worked at QUEST CAPITAL STRATEGIES, INC. since October 03, 1990

Disclosure History

WILLIAM PASQUALE ALBANESE has 2 Disclosure Event(s).

Date: January 30, 1990
Category: Employment Separation After Allegations
Firm Name: GRUNTAL & CO.
Termination Type: Permitted to Resign
Allegations: Not ProvidedTHE FIRM SAID I WAS FREERIDING
Broker Comment: JUST TERMINATION FROM THAT FIRM.I WAS TRADING OEX OPTIONS ON EXPRIATION ANDDIDN'T HAVE THE PROPER MARGIN REQUIREMENT. I UNDERSTOODOPTIONS TO SETTLE NEXT DAY SO THOUGHT I HAD UP UNTIL THE NEXTDAY TO FULLFILL THE MARGIN REQUIREMENT. BUT THE FIRM BUSTED THETRADES AND DECIDED NOT TO LET ME HAVE THE TRADES AND ALSODECIDED TO TERMINATE ME.

Date: October 01, 1989
Category: Employment Separation After Allegations
Firm Name: SHEARSON LEHMAN HUTTON
Termination Type: Permitted to Resign
Allegations: THERE IS NO CASE OR CASE NUMBER.A CLIENT COMPLAINED THAT I WAS COLD CALLINGTOO AGGRESSIVELY. THE CLIENT WANTED LITERATURE ON A CLOSED ENDFUND. I SENT IT TO HIM ALONG WITH A LETTER THAT I WROTE TO HIMAND THIS LITERATURE WAS NOT APPROVED BY MY MANAGER. SO I WASTERMINATED FOR SENDING OUT LITERATURE THAT WAS NOT APPROVED MYMY MANAGER.
Broker Comment: I WAS TERMINATED FROM SHEARSON LEHMAN ON 14 WALLST. AND A MISCONDUCT MARK WAS PUT ON MY REGISTRATION. IT WAS AVERY MINOR MISTAKE AND I WAS TERMINATED FOR IT. THERE WAS NODOLLAR AMOUNT INVOLVED OR ANY OTHER REEPERCUSSIONS THAT CAMEFROM THIS EXCEPT THE FACT THAT I WAS TERMINATED.AS STATED EARLIER, I SENT OUT DOCUMENTS THAT(WERE LEGAL IN TERMS OF THE FUND BEING OFFERED) WERE NOTAPPROVED AND SIGNED BY MY MANAGER. THEREFORE I WAS TERMINATEDAND A MISCONDUCT MARK WAS PUT ON MY REGISTRATION. THERE WAS NOMONEY INVOLVED AND NO FORMAL CUSTOMER COMPLAINT. I SENT OUTUNAPPROVED LITERATURE AND WAS TERMINATED FOR IT. I'VE LEARNEDA LESSON AND DO NOT CONDUCT BUSINESS NORMALLY AS SUCH.

More Information

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