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Joseph J. Sheirer

Joseph J. Sheirer is Senior Vice President of Corporate Financing & Advertising Regulation and in this role leads teams focused on rules, guidance and reviews relating to public offerings, private placements and communications with the public. Mr. Sheirer also serves as FINRA’s observing representative on the SEC Small Business Capital Formation Advisory Committee.

2021069370604 Cape Securities Inc. CRD 7072 AWC vrp.pdf

From July 2020 to March 2023, Cape Securities failed to establish and maintain a supervisory system, including written supervisory procedures, reasonably designed to achieve compliance with Rule 15l-1(a)(1) of the Securities Exchange Act of 1934 (Reg BI). Cape Securities also failed to reasonably supervise its registered representatives’ recommendations to purchase GWG L Bonds and non-traditional exchange-traded products (NT-ETPs) for compliance with Reg BI. As a result, Cape Securities willfully violated Reg BI and violated FINRA Rules 3110 and 2010.
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