Baron Energy (BROE)

[Place_Hanley]

According to FINRA’s Disciplinary and Other FINRA Actions publication, Garyn Ian Angel (CRD #3172630) of Port Richey, Florida, was fined $7,500 and suspended for four (4) months for allegedly participating private securities transactions without providing prior written notice to his employing member firm, Transamerica.

It was alleged that Angel sold shares of Baron Energy, Inc. (“Baron Energy”), which was a pink-sheet traded stock that was trading at approximately $.50 per share and then put a client in contact to purchase shares directly.

See

http://placeandhanley.com/?p=907