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FINRA Disciplinary Action Against Robert Ronald Liggero

In June 2013, FINRA reported that it had fined and suspended for twenty days Florida Registered Representative Robert Ronald Liggero.

During his association with Bull & Bear Brokerage Services, Inc., Mr. Liggero signed the names of two customers on documents related to the opening of IRA accounts without the customers’ knowledge or consent.  By signing their names on documents, he violated NASD Conduct Rule 2110.  Mr. Liggero consented to a 20 day suspension and a $5,000.00 fine.

In settling this matter Robert Ronald Liggero neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.  It was unclear whether the customer initiated a FINRA arbitration, or any other type of securities arbitration.