Mostly Cloudy 38°
Tag:

Broker-Dealer

News
NJ Financial Advisor Who Sold $3.65M Deal To Elderly Clients Has License Revoked: AG NJ Financial Advisor Who Sold $3.65M Deal To Elderly Clients Has License Revoked: AG
NJ Financial Advisor Who Sold $3.65M Deal To Elderly Clients Has License Revoked: AG State officials have revoked the licese of a Bergen County financial advisor and broker after it came to light that he sold a pair of elderly clients a total of $3.65 million in a move that New Jersey Attorney General Matthew Platkin said was not in the best interest of the clients. Carlos Leston, who also goes by Jose Carlos Leston, of Maywood, made the sale in securities in a New York Lending company without disclosing that the CEO of the corporation was a friend of his who had been barred from the securities industry, Platkin said. Leston also failed to disclose that he had a r…

SHARE

by Cecilia Levine