FINRA’s official disciplinary records show that Michael Venturino was the subject of a FINRA complaint alleging that he traded in customer accounts without authorization and excessively traded and churned those accounts. FINRA’s public decision states that the findings were affirmed, with sanctions modified, and the decision was issued on April 7, 2026. (FINRA)

According to FINRA’s public BrokerCheck record, the matter involved allegations of unauthorized trading, churning, and excessive trading. FINRA also reflects that Venturino was barred from association with any FINRA member in all capacities, underscoring the seriousness of the conduct at issue. (FINRA)

This type of case matters because unauthorized trading and churning can cause substantial losses while also exposing the supervising firm to potential claims for failure to supervise. FINRA’s disciplinary materials and BrokerCheck disclosures are the official public sources investors can use to identify conduct that may support a recovery claim. (FINRA)

For investors, the takeaway is simple: if your account was traded without your permission or churned to generate commissions, that may support a FINRA arbitration claim for damages. FINRA’s public records are often the first place to confirm whether the broker has a disciplinary history that may help explain what happened in the account. (FINRA)