FINRA’s Department of Enforcement initiated an investigation into Comuzzi’s alleged misconduct. Specifically, FINRA investigated whether Comuzzi engaged in excessive trading and whether Comuzzi had improperly utilized discretion without written approval in certain customer accounts. In connection with this investigation, FINRA sent Comuzzi a request for documents and information pursuant to FINRA Rule 8210. According to FINRA, Comuzzi acknowledged receipt of FINRA’s Rule 8210 requests; yet he failed to cooperate with FINRA’s investigation.
Based upon the foregoing alleged misconduct, FINRA asserted Comuzzi violated FINRA Rules 2010 and 8210. Specifically, FINRA Rule 8210 authorizes FINRA, in the course of its investigations, to require persons associated with a FINRA member to “provide information orally, in writing, or electronically . . . with respect to any matter involved in the investigation...” Here, Comuzzi failed to provide testimony in response to FINRA’s request, thereby violating FINRA Rule 8210.
Lufrano Law, LLC is a national securities litigation firm and has experience representing investors who have investment disputes with brokers and broker-dealers. If you suffered investment damages with Comuzzi while he worked for Dawson James, you may be able to recover your losses through FINRA arbitration. Our firm only receives a fee if you recover money. Please contact one of our attorneys at (800) 627-2179 to schedule a free consultation.