The Financial Industry Regulatory Authority (FINRA) fined and suspended Tsarina Lau Branyan of Huntington Beach, California, for selling or participating in sales of securities and investment instruments without being registered.
According to FINRA'S findings, Branyan joined the Longview Financial Group firm in December 2008 and passed the General Securities Representative examination one year later, in December of 2009. From 2009 through 2011, Branyan was properly licensed with FINRA.
During her first year of association with Longview—between 2008 and December 2, 2009—Branyan held no certification, license nor authorization to sell securities to investors.
Nonetheless, the findings allege that between December 19, 2008 and December 2, 2009, Branyan sold or participated in the sales of approximately $1 million of private placement securities, a violation of several industry rules and regulations.
Because Branyan did not respond to nor acknowledge FINRA's complaint, the Authority's Department of Enforcement entered into a default decision, suspending Branyan 20 business days and fining her $7,500.
If you have purchased private placement securities from Longview Financial Group or Tsaina Lau Branyan and believe that improper recommendations or an unwise investment may have been made as a result of an unlicensed sale, please call The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for an investigation and consultation.