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2024083413501 Ryan Wesley Davis CRD 5285713 AWC lp (2026-1768177201908).pdf
Davis refused to appear for on-the-record testimony requested pursuant to FINRA Rule
8210 in connection with a FINRA investigation into whether Davis engaged in an
undisclosed private securities transaction. As a result, Davis violated FINRA Rules 8210
and 2010 and is barred from associating with any FINRA member in all capacities.
2020068830202 Kingswood Capital Partners, LLC CRD 288898 AWC lp (2026-1768177201977).pdf
From March 2019 through June 2019, Kingswood failed to reasonably supervise a former
registered representative’s recommendations of illiquid alternative investments to three
senior customers. Kingswood also failed to establish and maintain written procedures
reasonably designed to achieve compliance with suitability requirements with respect to
those alternative investments. Kingswood therefore violated FINRA Rules 3110 and
2010.
For these violations, Kingswood is censured and fined $150,000.
2024081111301 Michael Cheng Ning CRD 1229733 OHO Decision df (2026-1768177201925).pdf
In his capacity as the designated custodian of records for a former member firm, Michael Cheng Ning failed to respond to requests for documents and information from FINRA staff in violation of FINRA Rules 4570(b), 8210, and 2010. For this misconduct, Respondent is barred from associating with any FINRA member firm in any capacity.
2024083413502 Brian Boyer Davis CRD 6762567 AWC lp (2026-1768177202045).pdf
Davis refused to appear for on-the-record testimony requested pursuant to FINRA Rule
8210 in connection with a FINRA investigation into whether Davis engaged in an
undisclosed private securities transaction. As a result, Davis violated FINRA Rules 8210
and 2010 and is barred from associating with any FINRA member in all capacities.
SR-FINRA-2025-016
Financial Industry Regulatory Authority, Inc.
2024082633901 Ali F. Chehab CRD 7625979 OHO Decision df (2026-1768177201843).pdf
Respondent is barred from associating with any FINRA member firm in any capacity for failing to respond to requests for documents and information from FINRA staff, in violation of FINRA Rules 8210 and 2010.
2020065599103 Christopher Cacace CRD 4308782 OHO Decision df (2026-1768177201835).pdf
Respondent Christopher Cacace is fined $5,000, suspended in all supervisory capacities for 30 business days, and required to requalify as a General Securities Principal for failing to fulfill his supervisory responsibility to reasonably respond to red flags of excessive trading by four registered representatives, in violation of FINRA Rules 3110 and 2010.
