(CRD #6957770, Wentzville, Missouri)

November 17, 2025 – An AWC was issued in which Evan Von Scales was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for three months. Without admitting or denying the findings, Scales consented to the sanctions and to the entry of findings that he operated an OBA involving marketing and selling an automated trading algorithm for the foreign exchange market without disclosing to, or receiving approval from, his member firm. The findings stated that Scales created a limited liability company for this business and promoted the algorithm on various social media platforms. Ultimately, nine individuals purchased the algorithm for $2,000 each, though two customers later requested and were granted refunds. In total, Scales received approximately $13,000 from sales of the algorithm after deducting refunds and transaction fees. Subsequently, Scales ceased operating the business. The suspension is in effect from November 17, 2025, through February 16, 2026. (FINRA Case #2024083203501) If you have suffered losses as a result of Evan Von Scales's act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Evan Von Scales. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at  (813) 226-3372 or email Matthew Schwartz directly at mschwartz@tslfirm.com.