| CROMWELL FINANCIAL SERVICES INC |
NFA 04BCC00014 |
NFA ID: 0245020 |
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| 0245020 | CROMWELL FINANCIAL SERVICES INC | 09/15/2006 | | 0306933 | DAUBENMIRE, JASON DAVID | 09/15/2006 | | 0184073 | FERRUGGIA, LOUIS ROBERT | 08/28/2006 | | 0183816 | GEE, DENNIS RICHARD | 08/28/2006 | | 0241368 | GOODMAN, MARC RAE | 09/15/2006 | | 0268368 | HARRIS, CHRISTOPHER HAROLD | 09/15/2006 | | 0237838 | HYLER, PATRICIA F | 09/15/2006 | | 0102205 | JACOBS, THEODORE | 09/15/2006 | | 0288646 | MCGRANE, FRED JAMES | 09/15/2006 | | 0238356 | STARYK III, MICHAEL FREDERICK | 11/01/2006 | | 0006150 | TUCCELLI, PHILIP MARK | 04/27/2006 |
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| 0245020 | CROMWELL FINANCIAL SERVICES INC | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | | | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | | | • C.R.2-9 - SUPERVISION OF EMPLOYEES | | | | • C.R.2-2(f) - FALSE INFORMATION TO NFA/AGENTS | | | | • C.R.2-30 - FAIL TO OBTAIN CUSTOMER INFO | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | 0306933 | DAUBENMIRE, JASON DAVID | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | | | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | | | • C.R.2-30(a) - MUST OBTAIN CUST INFO/RISK DISCL | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | 0184073 | FERRUGGIA, LOUIS ROBERT | • C.R.2-30(a) - MUST OBTAIN CUST INFO/RISK DISCL | | 0183816 | GEE, DENNIS RICHARD | • C.R.2-2(f) - FALSE INFORMATION TO NFA/AGENTS | | 0241368 | GOODMAN, MARC RAE | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | | | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | 0268368 | HARRIS, CHRISTOPHER HAROLD | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | | | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | 0237838 | HYLER, PATRICIA F | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | | | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | 0102205 | JACOBS, THEODORE | • C.R.2-30(a) - MUST OBTAIN CUST INFO/RISK DISCL | | | | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | | | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | 0288646 | MCGRANE, FRED JAMES | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | | | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | | | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | 0238356 | STARYK III, MICHAEL FREDERICK | • C.R.2-9 - SUPERVISION OF EMPLOYEES | | 0006150 | TUCCELLI, PHILIP MARK | • C.R.2-9 - SUPERVISION OF EMPLOYEES | | | | • C.R.2-30 - FAIL TO OBTAIN CUSTOMER INFO | | | | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | | | • C.R.2-2(f) - FALSE INFORMATION TO NFA/AGENTS | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | | | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED |
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| 0245020 | CROMWELL FINANCIAL SERVICES INC | • HEARING COMMITTEE | | | | • BUSINESS CONDUCT COMMITTEE | | 0306933 | DAUBENMIRE, JASON DAVID | • HEARING COMMITTEE | | | | • BUSINESS CONDUCT COMMITTEE | | 0184073 | FERRUGGIA, LOUIS ROBERT | • HEARING COMMITTEE | | | | • BUSINESS CONDUCT COMMITTEE | | 0183816 | GEE, DENNIS RICHARD | • BUSINESS CONDUCT COMMITTEE | | | | • HEARING COMMITTEE | | 0241368 | GOODMAN, MARC RAE | • BUSINESS CONDUCT COMMITTEE | | | | • HEARING COMMITTEE | | 0268368 | HARRIS, CHRISTOPHER HAROLD | • HEARING COMMITTEE | | | | • BUSINESS CONDUCT COMMITTEE | | 0237838 | HYLER, PATRICIA F | • BUSINESS CONDUCT COMMITTEE | | | | • HEARING COMMITTEE | | 0102205 | JACOBS, THEODORE | • HEARING COMMITTEE | | | | • BUSINESS CONDUCT COMMITTEE | | 0288646 | MCGRANE, FRED JAMES | • BUSINESS CONDUCT COMMITTEE | | | | • HEARING COMMITTEE | | 0238356 | STARYK III, MICHAEL FREDERICK | • BUSINESS CONDUCT COMMITTEE | | | | • HEARING COMMITTEE | | 0006150 | TUCCELLI, PHILIP MARK | • BUSINESS CONDUCT COMMITTEE |
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| 0245020 | CROMWELL FINANCIAL SERVICES INC | • GENERAL CONDUCT | | | | • SALES PRACTICE | | 0306933 | DAUBENMIRE, JASON DAVID | • SALES PRACTICE | | 0184073 | FERRUGGIA, LOUIS ROBERT | • SALES PRACTICE | | 0183816 | GEE, DENNIS RICHARD | • GENERAL CONDUCT | | 0241368 | GOODMAN, MARC RAE | • SALES PRACTICE | | 0268368 | HARRIS, CHRISTOPHER HAROLD | • SALES PRACTICE | | 0237838 | HYLER, PATRICIA F | • SALES PRACTICE | | 0102205 | JACOBS, THEODORE | • SALES PRACTICE | | 0288646 | MCGRANE, FRED JAMES | • SALES PRACTICE | | 0238356 | STARYK III, MICHAEL FREDERICK | • GENERAL CONDUCT | | 0006150 | TUCCELLI, PHILIP MARK | • GENERAL CONDUCT | | | | • SALES PRACTICE |
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| 0245020 | CROMWELL FINANCIAL SERVICES INC | • PERMANENT BAR FROM NFA MEMBERSHIP | 08/31/2006 | | | | • WITHDRAW FROM MEMBERSHIP PERM | 08/31/2006 | | 0306933 | DAUBENMIRE, JASON DAVID | • REQUIRED TO TAPE RECORD 1 YRS | 08/31/2006 | | | | • FINE $10000 | 08/31/2006 | | 0184073 | FERRUGGIA, LOUIS ROBERT | • TEMPORARY BAR FROM PRINCIPAL STATUS 3 MTHS | 08/11/2006 | | | | • TEMPORARY BAR FROM NFA MEMBERSHIP 3 MTHS | 08/11/2006 | | | | • REQUIRED TO TAPE RECORD 6 MTHS | 08/11/2006 | | | | • FINE $5000 | 08/11/2006 | | | | • TEMPORARY BAR FROM NFA ASSOCIATE MEMBERSHIP 3 MTHS | 08/11/2006 | | 0183816 | GEE, DENNIS RICHARD | • FINE $12500 | 08/11/2006 | | 0241368 | GOODMAN, MARC RAE | • REQUIRED TO TAPE RECORD 6 MTHS | 08/31/2006 | | | | • TEMPORARY BAR FROM NFA MEMBERSHIP 6 MTHS | 08/31/2006 | | | | • TEMPORARY BAR FROM NFA ASSOCIATE MEMBERSHIP 6 MTHS | 08/31/2006 | | | | • FINE $5000 | 08/31/2006 | | 0268368 | HARRIS, CHRISTOPHER HAROLD | • TEMPORARY BAR FROM PRINCIPAL STATUS 1 YRS | 08/31/2006 | | | | • TEMPORARY BAR FROM NFA ASSOCIATE MEMBERSHIP 1 YRS | 08/31/2006 | | | | • TEMPORARY BAR FROM NFA MEMBERSHIP 1 YRS | 08/31/2006 | | | | • REQUIRED TO TAPE RECORD 6 MTHS | 08/31/2006 | | | | • FINE $25000 | 08/31/2006 | | 0237838 | HYLER, PATRICIA F | • FINE $5000 | 08/31/2006 | | | | • REQUIRED TO TAPE RECORD 6 MTHS | 08/31/2006 | | | | • WITHDRAW FROM MEMBERSHIP INDF | 08/31/2006 | | 0102205 | JACOBS, THEODORE | • REQUIRED TO TAPE RECORD 6 MTHS | 08/31/2006 | | | | • FINE $12500 | 08/31/2006 | | | | • TEMPORARY WITHDRAWAL FROM NFA MEMBERSHIP 6 MTHS | 08/31/2006 | | 0288646 | MCGRANE, FRED JAMES | • REQUIRED TO TAPE RECORD 6 MTHS | 08/31/2006 | | | | • FINE $5000 | 08/31/2006 | | | | • SUSPENDED FROM MEMBERSHIP 6 MTHS | 08/31/2006 | | 0238356 | STARYK III, MICHAEL FREDERICK | • DISMISSED | 10/17/2006 | | 0006150 | TUCCELLI, PHILIP MARK | • DISMISSED | 04/27/2006 |
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| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
ANSWER -
On January 5, 2005, Cromwell, Staryk, Tuccelli, Daubenmire, Ferruggia, Gee, Goodman, Hyler and McGrane denied the material allegations of the Complaint.
DECISION -
On August 31, 2006, Cromwell was ordered to withdraw from NFA membership, and not reapply for NFA membership or act as a principal of an NFA Member, and be permanently barred from NFA membership. | | | |
| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
ANSWER -
On January 5, 2005, Cromwell, Staryk, Tuccelli, Daubenmire, Ferruggia, Gee, Goodman, Hyler and McGrane denied the material allegations of the Complaint.
DECISION -
On August 31, 2006, Daubenmire was ordered to pay a $10,000 fine. Daubenmire was also ordered to tape record, for one year, all conversations between himself and existing or potential customers; retain the tapes for one year; and make the tapes available to NFA. The one-year taping requirement begins on the effective date of the Decision and continues thereafter for one year. In calculating the one-year taping period, only periods of time when Daubenmire is registered and actively soliciting customers, on a full-time basis, will be counted.
If Daubenmire becomes a principal of an NFA Member, he shall cause all APs of that firm - and any other firm of which he is a principal - to tape record, for six months, all conversations that occur between them and existing or potential customers; retain the tapes for one year; and make the tapes available to NFA. The six-month taping requirement applies to each and every firm of which Daubenmire becomes a principal and begins on the date he becomes a principal of each firm, respectively. Only periods of time when Daubenmire is a principal of that particular firm and that firm is actively soliciting customers will be counted. In any and all events, the taping requirements expire on December 31, 2009.
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| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
ANSWER -
On January 5, 2005, Cromwell, Staryk, Tuccelli, Daubenmire, Ferruggia, Gee, Goodman, Hyler and McGrane denied the material allegations of the Complaint.
DECISION -
On August 11, 2006, Ferruggia was ordered not to apply for NFA membership or associate membership or act as a principal of an NFA Member for three months. During the three-month membership bar, he may not act in any capacity requiring registration, nor act as a principal of an NFA Member.
If Ferruggia is granted NFA membership or associate membership, or becomes a principal of an NFA Member after the three-month membership bar, he must pay a $5,000 fine within thirty days after he is granted NFA membership or associate membership, or becomes a principal of an NFA Member.
If and when Ferruggia again becomes an NFA Member or Associate he must tape record, for six months, all conversations between himself and existing or potential customers, retain the tapes for one year, and make the tapes available to NFA. The six-month taping requirement begins on the date Ferruggia again becomes an NFA Member or Associate, and continue thereafter for six months. Only periods of time when he is registered and actively soliciting customers, on a full-time basis, will be counted.
If Ferruggia becomes a principal of an NFA Member, he must cause all APs of that firm - and any other firm of which he is a principal - to tape record, for six months, all conversations that occur between them and existing or potential customers, retain the tapes for one year; and make the tapes available to NFA upon request. The six-month taping requirement applies to each and every firm of which Ferruggia becomes a principal and begins on the date he becomes a principal of each firm, respectively. The six-month taping period applies only to periods of time when he is a principal of that particular firm and that firm is actively soliciting customers. In any and all events, the taping requirements expire on 12/31/09. | | | |
| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
ANSWER -
On January 5, 2005, Cromwell, Staryk, Tuccelli, Daubenmire, Ferruggia, Gee, Goodman, Hyler and McGrane denied the material allegations of the Complaint.
DECISION -
On August 11, 2006, Gee was ordered to pay a $12,500 fine.
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| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
ANSWER -
On January 5, 2005, Cromwell, Staryk, Tuccelli, Daubenmire, Ferruggia, Gee, Goodman, Hyler and McGrane denied the material allegations of the Complaint.
DECISION -
On August 31, 2006, Goodman was suspended from NFA membership and associate membership for six months, commencing on the effective date of the Decision and ending six months thereafter, at which time he will automatically be reinstated as an NFA Associate provided he has a sponsor. Goodman was also ordered to pay a $5,000 fine within sixty days of the date his six-month suspension expires.
After serving his six-month suspension, and if and when he again becomes an NFA Member or Associate, Goodman must tape record, for six months, all conversations between himself and existing or potential customers; retain the tapes for one year; and make the tapes available to NFA. The six-month taping requirement begins on the date Goodman's six-month suspension expires and he again becomes an NFA Member or Associate, and continue thereafter for six months. In calculating the six-month taping period, only periods of time when he is registered and actively soliciting customers, on a full-time basis, will be counted. | | | |
| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
DECISION -
On August 31, 2006, in conjunction with NFA Case No 05-BCC-016, Harris was ordered not to apply for NFA membership or associate membership or act as a principal of an NFA Member for one year. During the one-year membership bar, he may not act in any capacity requiring registration, nor act as a principal of an NFA Member.
If Harris is granted NFA membership or associate membership, or becomes a principal of an NFA Member after the one-year membership bar, he must pay a $25,000 fine within thirty days after he is granted NFA membership or associate membership, or becomes a principal of an NFA Member.
If and when Harris again becomes an NFA Member or Associate he must tape record, for six months, all conversations between himself and existing or potential customers, retain the tapes for one year, and make the tapes available to NFA. The six-month taping requirement begins on the date Harris again becomes an NFA Member or Associate, and continue thereafter for six months. Only periods of time when he is registered and actively soliciting customers, on a full-time basis, will be counted.
If Harris becomes a principal of an NFA Member, he must cause all APs of that firm - and any other firm of which he is a principal - to tape record, for six months, all conversations that occur between them and existing or potential customers, retain the tapes for one year; and make the tapes available to NFA upon request. The six-month taping requirement applies to each and every firm of which Harris becomes a principal and begins on the date he becomes a principal of each firm, respectively. The six-month taping period applies only to periods of time when he is a principal of that particular firm and that firm is actively soliciting customers. In any and all events, the taping requirements expire on December 31, 2009. | | | |
| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
ANSWER -
On January 5, 2005, Cromwell, Staryk, Tuccelli, Daubenmire, Ferruggia, Gee, Goodman, Hyler and McGrane denied the material allegations of the Complaint.
DECISION -
On August 31, 2006, Hyler was ordered to withdraw immediately as an NFA Associate.
If, in the future, Hyler applies for CFTC Registration and/or NFA membership or associate membership, and/or seeks to become a principal of an NFA Member firm, then, in such event, the allegations of the Complaint, as they pertain to her, will be deemed admitted by her, and for one year from date hereof, may be used as the sole basis for denying her application for CFTC registration, NFA membership or associate membership, and/or principal status.
If, in the future, Hyler is granted NFA membership or associate membership, or becomes a principal of an NFA Member, she must pay a $5,000 fine, due and payable thirty days after she is granted NFA membership or associate membership, or becomes a principal of an NFA Member.
If and when Hyler again becomes an NFA Member or Associate, she must tape record, for six months, all conversations between herself and existing or potential customers; retain the tapes for one year; and make the tapes available to NFA. The six-month taping requirement begins on the date Hyler again becomes an NFA Member or Associate, and will continue for six months. Only periods when she is registered and actively soliciting customers, on a full-time basis, will be counted.
If Hyler becomes a principal of an NFA Member, she shall cause all APs of that firm - and any other firm she is a principal - to tape record, for six months, all conversations that occur between them and existing or potential customers; retain the tapes for one year; and make the tapes available to NFA. The six-month taping requirement applies to each and every firm of which Hyler becomes a principal and begins on the date she becomes a principal of each firm, respectively. Only periods of time when Hyler is a principal of that particular firm and that firm is actively soliciting customers will be counted. In any and all events, taping requirements expire on December 31, 2009. | | | |
| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
ANSWER -
On December 21, 2004, Jacobs denied the material allegations of the Complaint.
DECISION -
On August 31, 2006, Jacobs was ordered to withdraw from NFA associate membership and not reapply for NFA membership or associate membership, or act as a principal of an NFA Member, for six months.
If, after the six-month membership bar, Jacobs is granted NFA membership or associate membership, or becomes a principal of an NFA Member, he must pay a $12,500 fine, due and payable thirty days after he is granted NFA membership or associate membership, or becomes a principal of an NFA Member.
If Jacobs becomes an NFA Member or Associate, he must tape record, for six months, all conversations between himself and existing or potential customers; retain the tapes for one year; and make the tapes available to NFA. The six-month taping requirement begins on the date Jacobs again becomes an NFA Member or Associate, and continues thereafter for six months. Only periods when he is registered and actively soliciting customers, on a full-time basis, will be counted.
If Jacobs becomes a principal of an NFA Member, he shall cause all APs of that firm - and any other firm of which he is a principal - to tape record, for six months, all conversations that occur between them and existing or potential customers; retain the tapes for one year; and make tapes available to NFA. The six-month taping requirement applies to each and every firm of which he becomes a principal and begins on the date he becomes a principal of each firm, respectively. Only periods of time when Jacobs is a principal of that particular firm and that firm is actively soliciting customers will be counted. In any and all events, the taping requirements expire on December 31, 2009.
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| **To view documents, go to Case Documents. For a copy of documents, contact NFA's Information Center.**
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
ANSWER -
On January 5, 2005, Cromwell, Staryk, Tuccelli, Daubenmire, Ferruggia, Gee, Goodman, Hyler and McGrane denied the material allegations of the Complaint.
DECISION -
On August 31, 2006, McGrane was suspended from NFA membership and associate membership for six months, beginning on the effective date of Decision and ending six months thereafter, at which time he will automatically be reinstated as an NFA Associate provided he has a sponsor.
McGran was also ordered to pay a $5,000 fine within sixty days of the date the six-month suspension ends.
After serving his six-month suspension, and if and when he again becomes an NFA Member or Associate, McGrane must tape record, for six months, all conversations between himself and existing or potential customers; retain the tapes for one year; and make the tapes available to NFA. The six-month taping requirement begins on the date McGrane's six-month suspension expires and he again becomes an NFA Member or Associate, and will continue thereafter for six months. In calculating six-month taping period, only periods of time when McGrane is registered and actively soliciting customers, on a full-time basis, will be counted. | | | |
| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
ANSWER -
On January 5, 2005, Cromwell, Staryk, Tuccelli, Daubenmire, Ferruggia, Gee, Goodman, Hyler and McGrane denied the material allegations of the Complaint.
DECISION -
On October 17, 2006, the charges against Staryk were dismissed per settlement. | | | |
| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.
COMPLAINT -
On October 12, 2004, NFA issued a Complaint charging Cromwell and some of its APs with making deceptive and misleading sales solicitations and employing a high-pressure sales approach; failing to give adequate risk disclosure; failing to supervise; and providing false or misleading information to NFA. Tuccelli was alleged to be the cause of all of these violations.
ANSWER -
On January 5, 2005, Cromwell, Staryk, Tuccelli, Daubenmire, Ferruggia, Gee, Goodman, Hyler and McGrane denied the material allegations of the Complaint.
DECISION -
On April 27, 2006, Tuccelli's motion to dismiss him as a Cause Respondent was granted. | | |
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| 0245020 | CROMWELL FINANCIAL SERVICES INC | ANSWER | | 0245020 | CROMWELL FINANCIAL SERVICES INC | COMPLAINT | | 0245020 | CROMWELL FINANCIAL SERVICES INC | DECISION | | 0306933 | DAUBENMIRE, JASON DAVID | ANSWER | | 0306933 | DAUBENMIRE, JASON DAVID | COMPLAINT | | 0306933 | DAUBENMIRE, JASON DAVID | DECISION | | 0184073 | FERRUGGIA, LOUIS ROBERT | ANSWER | | 0184073 | FERRUGGIA, LOUIS ROBERT | COMPLAINT | | 0184073 | FERRUGGIA, LOUIS ROBERT | DECISION | | 0183816 | GEE, DENNIS RICHARD | ANSWER | | 0183816 | GEE, DENNIS RICHARD | COMPLAINT | | 0183816 | GEE, DENNIS RICHARD | DECISION | | 0241368 | GOODMAN, MARC RAE | ANSWER | | 0241368 | GOODMAN, MARC RAE | COMPLAINT | | 0241368 | GOODMAN, MARC RAE | DECISION | | 0268368 | HARRIS, CHRISTOPHER HAROLD | AMENDED DECISION | | 0268368 | HARRIS, CHRISTOPHER HAROLD | COMPLAINT | | 0237838 | HYLER, PATRICIA F | ANSWER | | 0237838 | HYLER, PATRICIA F | COMPLAINT | | 0237838 | HYLER, PATRICIA F | DECISION | | 0102205 | JACOBS, THEODORE | ANSWER | | 0102205 | JACOBS, THEODORE | COMPLAINT | | 0102205 | JACOBS, THEODORE | DECISION | | 0288646 | MCGRANE, FRED JAMES | ANSWER | | 0288646 | MCGRANE, FRED JAMES | COMPLAINT | | 0288646 | MCGRANE, FRED JAMES | DECISION | | 0238356 | STARYK III, MICHAEL FREDERICK | ANSWER | | 0238356 | STARYK III, MICHAEL FREDERICK | COMPLAINT | | 0238356 | STARYK III, MICHAEL FREDERICK | DECISION | | 0006150 | TUCCELLI, PHILIP MARK | ANSWER | | 0006150 | TUCCELLI, PHILIP MARK | COMPLAINT | | 0006150 | TUCCELLI, PHILIP MARK | DECISION |
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