Claimants allege unsuitable investment recommendations.

Claimant alleges the registered represented recommended an unsuitable investments

$23,000.00

Claimants allege they were recommended unsuitable investments.

$240,000.00

Claimant alleges unsuitable investment recommendations which resulted in losses

$45,000.00

Claimants allege that their registered representative made unsuitable investment recommendations that resulted in losses.

$400,000.00

Claimants allege that registered representative recommended unsuitable investments.

$15,000.00

Claimants allege that the registered representative recommended unsuitable investments

$97,500.00

CLIENT STATES THAT HE WAS MISLEAD AND WANTED A LOW RISK PRODUCT. NOW THE REIT FILED FOR CHAPTER 11 BANKRUPTCY AND WOULD LIKE HELP GETTING HIS MONEY BACK.

$5,000.00

Claimant alleges that registered representative recommended unsuitable investments.

$315,000.00

FINRA

Respondent Zhang 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.

5/28/2020

Pursuant to Article VI, Section 3 of FINRA By-Laws, and FINRA Rule 9554, Respondent Zhang is suspended on May 28, 2020 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.

Clients allege violation of FINRA Rule 2111, Breach of Fiduciary Duty, Breach of Contract, Agency Liability, Elder Financial Abuse, and California Securities Law.

$5,000.00

$445,000.00

FINRA

Respondent Zhang failed to respond to FINRA request for information.

Letter

Bar (Permanent)

All Capacities

Indefinite

8/2/2019

Pursuant to FINRA Rule 9552(h) and in accordance with FINRA's Notice of Suspension and Suspension from Association letters dated April 30, 2019 and May 24, 2019, respectively, on August 2, 2019, Zhang is barred from association with any FINRA member in all capacities. Respondent 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.

Client alleges misrepresentation of investment products.

$5,000.00

Wells Fargo Clearing Services, LLC.

Discharged

Wells Fargo Clearing Services, LLC ("WFCS") registered person was terminated for violating company policy requiring that he maintain accurate books and records where he submitted altered documents for processing.

Client alleges misrepresentation regarding REITs she purchased, additional allegations of forged initials.

$5,000.00

$30,000.00

I WAS NOT THE PERSON THE CLIENT COMPLAINED AGAINST.ASKED CETERA TO CLARIFY IN THEIR COMMENTS BUT THEY DECLINED

Client alleges misrepresentation regarding the REIT's she purchased.

$5,000.00

$4,479.01

I WAS NOT THE PERSON THE CLIENT COMPLAINED AGAINST.ASKED CETERA TO CLARIFY IN THEIR COMMENTS BUT THEY DECLINED

MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.

Voluntary Resignation

ALLEGATIONS REGARDING UNSUITABLE RECOMMENDATION OF IPO OF A CLOSED-END MUNI-BOND FUND AND PLACEMENT BY RR OF UNAUTHORIZED LIMIT ORDERS WITH RESPECT TO THE SAME INVESTMENT.