On April 4, 2013, FINRA announced that it has fined and suspended New York Registered Representative Nicholas P. Bentivegna.
On March 18, 2011 and March 21, 2011, while registered through EKN Financial Services, Inc., Mr. Bentivegna effected six unauthorized transactions in a customer’s account without the customer’s knowledge, authorization or consent. This is a violation of FINRA Rule 2010, and as a result he consented to a fifteen business day suspension in all capacities from association with any FINRA member firm, and a fine of $5,000.00. The suspension was in effect from May 6, 2013 through May 24, 2013.
In settling this matter Nicholas P. Bentivegna neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.