2023080478101 Paul X. Nannicelli CRD 1089038 AWC gg.pdf

Between September 2020 and August 2023, Nannicelli circumvented his firm's procedures prohibiting registered representatives or their immediate family members from being named as a beneficiary on a customer's account without the firm's approval. Specifically, Nannicelli assisted a customer with designating Nannicelli's wife and children as beneficiaries on her accounts without approval from the finn. Nannicelli therefore violated FINRA Rule 2010 and is suspended for eight months in all capacities and fined $5,000.

2024083981001 Thomas Sapio CRD 1848346 AWC lp.pdf

From April 2022 through August 2022, Sapio failed to reasonably supervise two traders who were inaccurately marking the value of positions on their trading books to conceal from Cantor millions of dollars in unrealized losses. For his violations of FINRA Rules 3110 and 2010, Sapio is suspended in all principal capacities for two months, fined $5,000, and required to complete ten hours of continuing education concerning supervisory responsibilities.

2019061942901_Colletti_CRD_4577898_NAC_jhjr.pdf

BEFORE THE NATIONAL ADJUDICATORY COUNCIL FINANCIAL INDUSTRY REGULATORY AUTHORITY In the Matter of Department of Enforcement, Complainant, vs. Michael Ciro Colletti, Glen Cove, New York, Respondent. DECISION Complaint No. 2019061942901 Dated: June 17, 2025. Registered representative engaged in unauthorized and excessive trading in a customer's account. Held, findings and sanctions affirmed.
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