December 19, 2023 – An AWC was issued in which Cirelli was fined $5,000 and suspended from association with any FINRA member in all capacities for one month. Without admitting or denying the findings, Cirelli consented to the sanctions and to the entry of findings that he placed unauthorized trades in a deceased customer’s account. The findings stated that prior to learning about the customers death, Cirelli caused trades to be made in the customer’s non-discretionary accounts.
The suspension is in effect from January 16, 2024, through February 15, 2024. (FINRA Case #2021071455501)
Matthew Schwartz
Matthew Schwartz represents clients harmed by lawyers, accountants, insurance professionals, real estate agents, brokers, financial advisors, and other trusted professionals. He handles Florida litigation and nationwide FINRA arbitration. He has been recognized in The Best Lawyers in America® and named to the Best Law Firms® list.
More about Matthew