When communicating online or investing with any professional, make sure you know who you’re dealing with. Imposters might link to sites like BrokerCheck from phishing or similar scam websites, or through social media , trying to steal your personal information or your money. Please contact FINRA with any concerns.
Conducted investment advisory business from offices within this state without the benefit of lawful registration.
Resolution
Order
Sanctions
Civil and Administrative Penalty(ies)/Fine(s)
Amount
$25,000.00
Broker Comment
On 2/23/2016, the Office of Financial Regulation entered a Final Order adopting the Stipulation and Consent Agreement in the matter of Glen Alan Berngard. Mr. Berngard admits to and consents to the entry of findings by the Office. The Office found that Glen Alan Berngard engaged in investment advisory business from offices within this state without the benefit of lawful registration in the state of Florida pursuant to section 517.12(4), F. S. This incident involved an administrative oversight on behalf of the Registered Investment Advisory firm with whom Mr. Berngard was associated. Mr. Berngard agreed to pay an administrative fine in the amount of $25,000. The Office agreed to approve Glen Alan Berngard's application as an associated person (RA) with Cetera Investment Advisers LLC effective 2/23/2016.
Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.
Loading...
Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.