{"id":1482,"date":"2014-07-15T18:15:03","date_gmt":"2014-07-15T18:15:03","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2014\/07\/finra_may_expel_exbroker_for_6"},"modified":"2022-03-11T13:23:57","modified_gmt":"2022-03-11T19:23:57","slug":"finra-may-expel-exbroker-for-6","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/finra-may-expel-exbroker-for-6\/","title":{"rendered":"FINRA May Expel Ex-Broker For $6M Hedge Fund"},"content":{"rendered":"

\t\t\t\tDean Mustaphalli, an ex-Sterne Agee Financial Services Inc. broker, could be barred from the industry over allegations that he ran a $6 million hedge fund <\/a>on the side. According to the Financial Industry Regulatory Authority Inc., Mustaphalli founded and got commissions from Mustaphalli Capital Partners in 2011 but did not tell his brokerage-firm. <\/p>\n

Already, Mustaphalli has been named in at least two arbitration claims. He ran the hedge fund through Mustaphalli Advisory Group. It is not known time whether any of the 25 investors he solicited were Sterne Agee clients. Over a four-month period, he was paid about $41,800 in management fees.<\/p>\n

Mustaphalli was fired from Sterne Agee in 2011. After he was let go, he purportedly kept soliciting clients for his hedge fund through the investment adviser.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Dean Mustaphalli, an ex-Sterne Agee Financial Services Inc. broker, could be barred from the industry over allegations that he ran a $6 million hedge fund on the side. According to the Financial Industry Regulatory Authority Inc., Mustaphalli founded and got commissions from Mustaphalli Capital Partners in 2011 but did not tell his brokerage-firm. Already, Mustaphalli […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3773,3739],"tags":[],"class_list":["post-1482","post","type-post","status-publish","format-standard","hentry","category-broker-fraud","category-finra"],"yoast_head":"\nFINRA May Expel Ex-Broker For $6M Hedge Fund — Investor Lawyers Blog — July 15, 2014<\/title>\n<meta name=\"description\" content=\"Dean Mustaphalli, an ex-Sterne Agee Financial Services Inc. broker, could be barred from the industry over allegations that he ran a $6 million hedge fund — July 15, 2014\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/finra-may-expel-exbroker-for-6\/\" \/>\n<meta name=\"twitter:card\" 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