FINRA’s BrokerCheck record for Michael Joseph Russo shows that he was barred from association with any FINRA member in all capacities after failing to comply with FINRA’s suspension process. The record also reflects a customer complaint alleging unsuitability and unauthorized trading in connection with trading activity during 2014–2015. (FINRA)

FINRA’s disciplinary materials further show that Russo was subject to FINRA suspension procedures before the bar became effective, underscoring the seriousness of the disclosure history. For investors, a record like this is important because unauthorized trading and unsuitable recommendations can support claims for damages and may also point to potential failure to supervise issues at the firm level. (FINRA)

If an advisor traded without permission or placed a customer into investments that were not appropriate for the account, that may be a red flag worth reviewing with counsel. FINRA’s public records are often the first place investors can confirm whether their broker has a disciplinary history consistent with the losses they experienced. (FINRA)