(FINRA Case #2013035817702)
Daniel Joseph Hushek III (CRD #4250117, Bradenton, Florida) – An AWC (Accept, Waiver & Consent) was issued in which Hushek was assessed a deferred fine of $10,000 and suspended from association with any FINRA member in any principal capacity for 15 months.
Without admitting or denying the findings, Hushek consented to the sanctions and to the entry of findings that he failed to adequately supervise the sales practice of a registered representative who recommended and engaged in unsuitable trading of non-traditional exchange-traded funds (ETFs).
The findings stated that Hushek’s supervisory failure facilitated the representative’s ongoing sales practice violations. As a consequence, the representative’s customers’ accounts sustained realized and unrealized losses of more than $2.4 million.
Hushek worked for G.F. Investment Services, LLC for 11 years, from 2005 to 2017
The suspension is in effect from July 17, 2017, through October 16, 2018.
If you feel you have been misled or taken advantage by Hushek or any of his Representatives and wish to discuss legal action, please contact Darren Blum at 1-877-786-2552 (1-877-STOCK LAW), www.stockattorneys.com for a free consultation.