Matthew James Mangini (CRD #6527545, Tampa, Florida)

An AWC was issued in which Matthew James Mangini (CRD #6527545) was assessed a deferred fine of $10,000 and suspended from association with any FINRA member in all capacities for six months. Without admitting or denying the findings, Mangini consented to the sanctions and to the entry of findings that he participated in unapproved private securities transactions. The findings stated that Mangini, in his capacity as an investment advisor representative, recommended and facilitated investments in private securities offerings of alternative investments through a registered investment advisory firm. Matthew James Mangini participated in securities transactions through the registered investment advisory firm that raised $644,000 from investors, all of whom were customers at his member firm. Matthew James Mangini participated in the transactions by recommending and facilitating the investments, including by meeting with the investors to solicit and discuss the investments, providing them with marketing materials, and assisting them with completing subscription agreements and other documentation. Mangini’s clients paid advisory fees to the registered investment advisory firm on the assets held in their advisory accounts, including the alternative investments that he recommended and facilitated. Mangini did not provide his firm with prior written notice of his participation in the sale of alternative investments through the registered investment advisory firm or obtain the firm’s written approval to sell those investments. The suspension is in effect from May 1, 2023, through October 31, 2023. (FINRA Case #2022075017201)