According to FINRA’s Disciplinary and Other FINRA Actions publication, Joel Eziekel Blum (CRD No. 4905379), a New York Ameriprise Financial Services’ broker, was fined $10,000 and suspended for twenty (20) days for allegedly exercising discretion without written authorization in three (3) client accounts.
FINRA alleged that Blum executed a total of eight (8) discretionary transactions in the accounts of three (3) customers without written authorization to do so. FINRA further alleged that Blum mismarked two (2) order tickets in connection with these transactions indicating that the trades were unsolicited when, in fact, the trades were solicited.
Joel Blum’s suspension was in effect from April 6, 2015, through April 25, 2015. (See FINRA AWC No. 2014040186601)
According to FINRA’s Broker Check, Joel Eziekel Blum has been registered in the securities industry for ten (10) years. Blum is currently registered with the following firm:
AMERIPRISE FINANCIAL SERVICES, INC.
CRD #6363
GOSHEN, NY
02/2014 – present
Blum was previously registered with the following firm(s):
MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
CRD #7691
MIDDLETOWN, NY
05/2008 – 02/2014
CITIGROUP GLOBAL MARKETS INC.
CRD #7059
GOSHEN, NY
03/2005 – 05/2008
If you have suffered investment losses as a result of your broker’s or brokerage firm’s misconduct, contact the Hanley Law to discuss your legal options. The Hanley Law is dedicated to helping investors nationwide. If you have lost money as a result of your broker’s recommendations, you may be entitled to recover your investment losses. Contact our office toll free at (239) 649-0050 for a complimentary initial consultation.