{"id":28476,"date":"2022-08-17T09:00:40","date_gmt":"2022-08-17T14:00:40","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=28476"},"modified":"2022-08-16T09:31:52","modified_gmt":"2022-08-16T14:31:52","slug":"former-new-york-financial-advisor-suspended","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/former-new-york-financial-advisor-suspended\/","title":{"rendered":"Ex-Joseph Stone Capital Broker Joseph Ambrosole Faces Excessive and Unsuitable Trading Allegations"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Customer of Former New York\u00a0Financial Advisor Is Requesting Over $850K in Damages<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In July 2022, the Financial Industry Regulatory Authority (FINRA) permanently barred Joseph Albert Ambrosole after he refused to testify in the self-regulatory organization&#8217;s (SRO) probe. FINRA led this investigation concerning an amended Uniform Termination Notice by Joseph Stone Capital, one of the broker-dealers where he used to be registered. According to that member firm, Ambrosole, who resigned, was the subject of a customer complaint accusing him of allegedly engaging in unsuitable trading.\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The ex-New York broker, who worked in the industry for eight years, was most recently a Joseph Stone Capital financial advisor between 2017 to 2021. Other firms where Ambrosole used to be a registered representative include Alexander Capital, Meyers Associates, Global Arena Capital, Laidlaw &amp; Co., and Obsidian Financial Group.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/former-new-york-financial-advisor-suspended\/\"  title=\"Continue Reading Ex-Joseph Stone Capital Broker Joseph Ambrosole Faces Excessive and Unsuitable Trading Allegations\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Customer of Former New York\u00a0Financial Advisor Is Requesting Over $850K in Damages In July 2022, the Financial Industry Regulatory Authority (FINRA) permanently barred Joseph Albert Ambrosole after he refused to testify in the self-regulatory organization&#8217;s (SRO) probe. FINRA led this investigation concerning an amended Uniform Termination Notice by Joseph Stone Capital, one of the broker-dealers [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":28477,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,3739],"tags":[2876,2533,3009],"class_list":["post-28476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-finra","tag-excessive-trading","tag-finra","tag-unauthorized-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Former New York Broker Booked for Unauthorized Trading<\/title>\n<meta name=\"description\" content=\"FINRA suspended Former Joseph Stone Capital Broker, Joseph Ambrosole, for unauthorized trading. Learn more about the case at SSEK.\" \/>\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\/former-new-york-financial-advisor-suspended\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Former New York Broker Booked for Unauthorized Trading\" \/>\n<meta name=\"twitter:description\" content=\"FINRA suspended Former Joseph Stone Capital Broker, Joseph Ambrosole, for unauthorized trading. Learn more about the case at SSEK.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/08\/close-up-of-golden-law-scale-on-a-table.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Former New York Broker Booked for Unauthorized Trading","description":"FINRA suspended Former Joseph Stone Capital Broker, Joseph Ambrosole, for unauthorized trading. 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