FINRA

Respondent Vizanko failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Letter

Suspension

All capacities

Indefinite

Continues until required payment is made or discharged

11/11/2022

Pursuant to Article VI, Section 3 of FINRA By-Laws, and FINRA Rule 9554, Respondent Vizanko is suspended on November 11, 2022 for failure to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Customer complained that the financial advisor cashed checks payable to the financial advisor meant for the client but kept the monies for himself. (09/23/2015-12/22/2020)

$88,125.35

FINRA

Respondent Vizanko failed to respond to FINRA request for information.

Letter

Bar (Permanent)

All Capacities

Indefinite

8/30/2021

Pursuant to FINRA Rule 9552(h) and in accordance with FINRA's Notice of Suspension and Suspension from Association letters dated May 26, 2021 and June 21, 2021, respectively, on August 30, 2021, Vizanko is barred from association with any FINRA member in all capacities. Vizanko failed to request termination of his suspension within three months of the date of the Notice of Suspension; therefore, he is automatically barred from association with any FINRA member in all capacities.

Wells Fargo Clearing Services, LLC.

Discharged

FA borrowed funds from a client. With respect to another client ("Client 2"), FA failed to disclose to the Firm that (1) FA received a cash gift from Client 2 and (2) FA was a beneficiary of Client 2's Trust. Client 2 alleged FA misappropriated funds from him.