WARNING! Investigation of GUY CONGER and MONEY CONCEPTS CAPITAL
Guy Conger, formerly with Money Concepts Capital, Suspended Six Months from the Securities Industry
Have you lost money with financial advisor Guy Conger of San Antonio, California? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Guy C. Conger. FINRA suspended Conger from the securities industry for six months and fined him $15,000 regarding allegations that he exercised discretion, without written authority, over two accounts and made more than 200 trades. It was also alleged that Conger made misleading statements to his customers about certain investments.
Guy Conger was a financial advisor and registered representative of Money Concepts Capital from 2002 to February 2017. He worked at a branch office in San Antonio, California. Conger has been the subject of one customer complaint, regarding options.
Brokerage firms like Money Concepts Capital have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Ann Arbor, Michigan; and Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Texas. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Money Concepts Capital.
Click to view: Conger, Guy FINRA AWC
Click to view: Conger, Guy BrokerCheck 2.9.18
If you lost money with Guy Conger or Money Concepts Capital, please CONTACT US at 720-599-3505 for a free evaluation of your case.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.
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