Broker Investigation: Paul Soll

Paul Soll (CRD#: 430284) is a former FINRA broker. From 2017 to 2018, Mr. Soll was employed at Western International Securities in Los Angeles, California. This broker has also been associated with Financial West Group (2012-2017) and SRM Securities (1986-2012).

On July 12th, 2018, Mr. Soll was barred from the securities industry for refusing to cooperate with a regulatory investigation into allegations of elder financial fraud. For full details in this case, please refer to FINRA case NO. 2017054755202.

FINRA Sanctions: Paul Soll

In June of 2018, FINRA launched an inquiry into possible trading abuses committed by former Western International Securities broker Paul Soll. Specifically, FINRA enforcement officials were investigating allegations that Mr. Soll excessively traded (churned) the brokerage account of an elderly investor.

Soon after, FINRA learned that Mr. Soll had no intention of cooperating with the investigation into these allegations. He refused to provide requested documents and records and he declined to submit to on-the-record testimony. This is a violation of FINRA Rule 8210, which compels all registered brokers to cooperate with regulator investigation into potential wrongdoing.

Without admitting to or denying the allegations of excessive trading, Paul Soll consented to FINRA’s proposed sanctions, which include an indefinite bar from the securities industry.

Get Help From a Securities Fraud Attorney

At Sonn Law Group, we work tirelessly to protect the legal rights and financial interests of investors throughout the United States. If you sustained major losses, please contact us today for a free, fully confidential review of your case.

Disclaimer: This article contains opinions and NOT statements of fact in any way whatsoever. The information here is general information that should not be taken as legal advice. NO attorney-client relationship is established between you and our attorneys by reading this article. This article is attorney advertising and should not be used as a substitute for legal advice from a qualified securities lawyer.

Rate this post:

1 Star2 Stars3 Stars4 Stars5 Stars
(No Ratings Yet)
Loading...