(CRD #2503507, East Hampton, New York)

April 11, 2025 – An AWC was issued in which Eisler was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Eisler consented to the sanction and to the entry of findings that he allocated shares of new issues to a customer in exchange for a portion of the customer’s realized profits when the stock was sold, in the form of excessive compensation on unrelated transactions. The findings stated that Eisler and the customer agreed that Eisler would receive a portion of the customer’s new issue profits by charging the customer additional, unearned commissions in subsequent, unrelated transactions. Eisler never disclosed the profit-sharing agreement to his member firm, nor did he obtain prior written authorization from the customer or the firm. Eisler also did not make any financial contribution to the customer’s new issue purchases and, although he shared in his customer’s realized gains, Eisler did not compensate the customer for any losses. Ultimately, in exchange for more than 100 new issue allocations, Eisler received more than $120,000 from the customer. The findings also stated that for eight years, Eisler exchanged hundreds of text messages on his personal phone related to the firm’s securities business, including communications with the customer with whom Eisler had the new issue profit-sharing agreement. These messages included, among other things, authorizations to execute securities transactions, trade confirmations, and account performance information. By communicating through his personal texts, Eisler intended to hide his communications from his firm, and he knew that such communications violated firm policy. Indeed, each year, Eisler falsely attested to his firm that he complied with its prohibition against using text messages on personal devices to communicate about firm business. Because Eisler used personal text messages for business-related communications, the firm did not capture or maintain his communications as required. (FINRA Case #2022077330501) If you have suffered losses as a result of Joseph Eisler'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 Joseph Eisler. 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 866-618-0545 or email Matthew Schwartz directly at mschwartz@tslfirm.com.