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RN

Richard L. Newberg

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CRD#: 346857
RN

Professional summary


Richard Leon Newberg was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Richard is a previously registered financial professional and started their career in finance in 1970. Prior to being barred, Richard had worked at 18 firms, which includes J. ALEXANDER SECURITIES INC., SOUTH BEACH SECURITIES INC., REYNOLDS KENDRICK STRATTON INC., EMANUEL AND COMPANY, VANDERBILT SECURITIES INC., FIRST FLORIDA SECURITIES GROUP INC., GALLANT SECURITIES INC., HUDSON SECURITIESINC., TROSTER SINGER CORPORATION, HERZOG HEINE GEDULD LLC, SHAINKER & CO INC, H. HENTZ & CO. INC., CONTINENTAL SECURITIES CORP, FIRST FLORIDA SECURITIES INC., F O BAROFF CO INC, KELLY ANDREWS & BRADLEY INC., RUSSELL & SAXE, I. J. SCHENIN CO. INC..

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

Aliases


None

Other business activities


Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
The advisor shows no other business activity.

Blog Corner


CRS (Client Relationship Summary)


The CRS(Customer Relationship Summary) document is not provided.

Certified licenses


Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
None

Experience


Past

February 21, 1995 - August 4, 2004

J. ALEXANDER SECURITIES, INC.

BD
CRD#: 7809
LOS ANGELES, CA
Past

December 8, 1994 - February 13, 1995

SOUTH BEACH SECURITIES, INC.

BD
CRD#: 15130
CHICAGO, IL
Past

March 17, 1994 - July 20, 1994

REYNOLDS KENDRICK STRATTON, INC.

BD
CRD#: 10414
Past

January 21, 1991 - March 31, 1994

EMANUEL AND COMPANY

BD
CRD#: 7309
NEW YORK, NY
Past

April 22, 1988 - November 30, 1993

VANDERBILT SECURITIES, INC.

BD
CRD#: 14280
Past

October 3, 1986 - February 24, 1988

FIRST FLORIDA SECURITIES GROUP, INC.

BD
CRD#: 14320
Past

July 9, 1986 - August 18, 1986

GALLANT SECURITIES, INC.

BD
CRD#: 4282
Past

November 20, 1985 - May 6, 1986

HUDSON SECURITIES,INC.

BD
CRD#: 10467
Past

August 24, 1982 - October 25, 1985

TROSTER SINGER CORPORATION

BD
CRD#: 7441
Past

August 7, 1973 - July 20, 1982

HERZOG, HEINE, GEDULD, LLC

BD
CRD#: 2186
Past

October 2, 1972 - August 28, 1973

SHAINKER & CO INC

BD
CRD#: 1000011
Past

June 19, 1972 - October 27, 1972

H. HENTZ & CO., INC.

BD
CRD#: 376
Past

February 10, 1972 - August 5, 1972

CONTINENTAL SECURITIES CORP

BD
CRD#: 1000007
Past

December 28, 1971 - March 3, 1972

FIRST FLORIDA SECURITIES, INC.

BD
CRD#: 3892
Past

November 1, 1971 - January 6, 1972

F O BAROFF CO INC

BD
CRD#: 1000005
Past

August 2, 1971 - October 24, 1972

KELLY, ANDREWS & BRADLEY, INC.

BD
CRD#: 2413
Past

March 1, 1971 - August 28, 1971

RUSSELL & SAXE

BD
CRD#: 921
Past

September 16, 1970 - May 19, 1971

I. J. SCHENIN CO., INC.

BD
CRD#: 3280

State Registrations and Notice Filings


Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Exams


State Security Law Exam
RR
Series 63
Date: 10/28/1986
Uniform Securities Agent State Law Examination
General Industry/Product Exam
RR
Series 55
Date: 8/24/1999
Limited Representative-Equity Trader Exam
General Industry/Product Exam
RR
Series 1
Date: 9/28/1967
Registered Representative Examination
Principal/Supervisory Exam
Principal/Supervisory Exam
RR
Series 00
Date: 12/13/1972
General Securities Principal Examination

Current Firm


JA
J. ALEXANDER SECURITIES, INC.
J. ALEXANDER SECURITIES, INC.

CRD#: 7809 / SEC#: , 8-23204

BD
Terminated by SEC on 09/20/2005
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Contact information


Main Address
Mailing Address
Phone number
Established
California since 09/06/1978
Firm type
Corporation
Fiscal year end
April
# of Employees

Documents


Direct owners and executive officers


NamePositionCRD#
ALEXANDER, JAMESPRESIDENT2762
SIDNEY TARRANTEQUITY OWNER
DRAWBAUGH, DARYL IRVINFINANCIAL PRINCIPAL71778

Disclosures


Regulatory Event24
Arbitration4
Judgment/Lien1

Red Flags


Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

Company Information


J. ALEXANDER SECURITIES, INC.

CRD#: 7809

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