Antoine Souma, Formerly with Insigneo Securities, Barred from Securities Industry
BEVERLY HILLS, CALIFORNIA
Have you invested with stockbroker Antoine Souma in Beverly Hills, California? Our securities arbitration firm is reviewing claims made against Antoine Souma. FINRA’s Disciplinary Database reveals that he was barred from the securities industry in February 2023 by FINRA, because he failed to respond to an investigation.
In December 2022, FINRA requested information from Antoine Souma related to private securities transactions. Financial advisors must get approval from their brokerage firm for every investment that they sell. If the advisor fails to do so, they may be in violation of FINRA Rule 3280.
According to BrokerCheck, Souma had been with Insigneo Securities from July 2020 to July 2022. He had also been licensed with Morgan Stanley and J.P. Morgan Securities prior to Insigneo Securities. Souma worked in Beverly Hills and Glendale, California.
Mr. Souma was obliged to follow FINRA Rule 8210, which mandates that brokers cooperate in FINRA’s investigations. Likewise, Insigneo Securities must adequately monitor the conduct of its advisors like Antoine Souma. If it failed to adequately supervise Souma or other advisors, the firm could be responsible for financial losses.
Israels & Neuman is an investment fraud and securities arbitration law firm that has represented over 1,000 investors in the past. We represent investors throughout the country, including in California.
View Souma, a FINRA AWC
View Souma, a BrokerCheck 2.22.23