It seems that the IR has been suspended by NASD. It also seems that during his suspension he was the IR for GBDX. Seems that he is not a very honest person if this is the Alex Livak who is the IR with GBDX. See article below:
Alex Livak (CRD #4421506, Registered Representative, Astoria, New York) submitted a Letter of Acceptance, Waiver, and Consent in which he was fined $25,000 and suspended from association with any NASD member in any capacity for two years. The fine must be paid before Livak reassociates with any NASD member or before requesting relief from any statutory disqualification. Without admitting or denying the allegations, Livak consented to the described sanctions and to the entry of findings that he prepared and submitted, or caused to be prepared and submitted, a letter to his landlord that contained a fabricated story as to why he could not pay his rent. NASD found that the letter was written on his member firm’s letterhead and was purportedly signed by the “Director of Security, NASD.” The findings also stated that the individual who signed the letter was Livak’s friend and had never been an employee of NASD or his member firm. In addition, NASD determined that Livak prepared and submitted a variable life insurance policy application to his member firm that contained false and inaccurate information. Livak’s suspension began January 18, 2005, and will conclude at the close of business January 17, 2007. (NASD Case #C10040114)