{"id":7108,"date":"2019-05-21T10:48:21","date_gmt":"2019-05-21T15:48:21","guid":{"rendered":"https:\/\/www.investorlawyers.com\/?p=7108"},"modified":"2022-05-19T12:08:36","modified_gmt":"2022-05-19T17:08:36","slug":"america-northcoast-securities-unsuitable-etf-trades","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/america-northcoast-securities-unsuitable-etf-trades\/","title":{"rendered":"Ex-America Northcoast Securities Broker Barred For Unsuitable ETF Trades"},"content":{"rendered":"<p>\t\t\t\tA former America Northcoast Securities broker is barred by the <a href=\"http:\/\/www.finra.org\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Industry Regulatory Authority (FINRA)<\/a> after he traded in non-traditional exchange-traded funds (ETFs) in the accounts of firm clients, even when the investments were not suitable for them.<\/p>\n<p>According to the self-regulatory authority (SRO), Dominic Anthony Tropiano solicited the buying and selling of leveraged ETFs in at least 47 America Northcoast Securities customers\u2019 accounts between 5\/2015 and 4\/2016, including 866 securities transactions involving 15 non-traditional exchange-traded funds.<\/p>\n<p>Of these transactions, 33 of them were purportedly conducted in just one customer\u2019s account. Another 19 took place in another client\u2019s account. The customers were not aware these transactions were going to occur and they did not give their consent.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/america-northcoast-securities-unsuitable-etf-trades\/\"  title=\"Continue Reading Ex-America Northcoast Securities Broker Barred For Unsuitable ETF Trades\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A former America Northcoast Securities broker is barred by the Financial Industry Regulatory Authority (FINRA) after he traded in non-traditional exchange-traded funds (ETFs) in the accounts of firm clients, even when the investments were not suitable for them. According to the self-regulatory authority (SRO), Dominic Anthony Tropiano solicited the buying and selling of leveraged ETFs [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3953,4023,3739],"tags":[3408,3409],"class_list":["post-7108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arbitration-rulings","category-exchange-traded-funds","category-finra","tag-america-northcoast-securities","tag-dominic-tropiano"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ex-America Northcoast Securities Broker Barred For Unsuitable ETF Trades &#8212; Investor Lawyers Blog &#8212; May 21, 2019<\/title>\n<meta name=\"description\" content=\"Former America Northcoast Securities broker is barred after he traded in non-traditional exchange-traded funds (ETFs) that were unsuitable to clients.\" \/>\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\/america-northcoast-securities-unsuitable-etf-trades\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ex-America Northcoast Securities Broker Barred For Unsuitable ETF Trades &#8212; 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Investor Lawyers Blog &#8212; May 21, 2019","twitter_description":"Former America Northcoast Securities broker is barred after he traded in non-traditional exchange-traded funds (ETFs) that were unsuitable to clients.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/05\/stock-sheets-overlay.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/america-northcoast-securities-unsuitable-etf-trades\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/america-northcoast-securities-unsuitable-etf-trades\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Ex-America Northcoast Securities Broker Barred For Unsuitable ETF Trades","datePublished":"2019-05-21T15:48:21+00:00","dateModified":"2022-05-19T17:08:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/america-northcoast-securities-unsuitable-etf-trades\/"},"wordCount":502,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/america-northcoast-securities-unsuitable-etf-trades\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2019\/05\/stock-sheets-overlay.jpg","keywords":["America Northcoast Securities","Dominic Tropiano"],"articleSection":["Arbitration Rulings","Exchange Traded Funds","FINRA"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/america-northcoast-securities-unsuitable-etf-trades\/","url":"https:\/\/www.investorlawyers.com\/blog\/america-northcoast-securities-unsuitable-etf-trades\/","name":"Ex-America Northcoast Securities Broker Barred For Unsuitable ETF Trades &#8212; 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