RAYMOND JOHN DEROBBIO

10/26/2021: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Cantone Research Inc. (CRD No. 26314), Anthony J. Cantone (CRD No. 1066139), and Raymond J. DeRobbio (CRD No. 1092310) Respondents. Disciplinary Proceeding No. 2017055886402 FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Disciplinary Proceeding No. 2017055886402 COMPLAINT The Department of Enforcement alleges: SUMMARY 1. Respondents Cantone Research Inc. (CRI), CRI President and majority

01/25/2024: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. CANTONE RESEARCH INC. (CRD No. 26314), ANTHONY J. CANTONE (CRD No. 1066139), and RAYMOND J. DEROBBIO (CRD No. 1092310), Respondents. Disciplinary Proceeding No. 2017055886402 Hearing Officer–LOM EXTENDED HEARING PANEL DECISION January 25, 2024 Respondents sold municipal bonds without a reasonable basis to believe them suitable for any investor because they conducted inadequate due diligence, in willful violation of MSRB Rule G-19. In selling the bonds, Respondents used negligent misrepresentations and omissions of material fact, in willful violation of MSRB Rule G-17 and Securities Act Sections 17(a)(2) and 17(a)(3). They also failed to disclose at or prior to the time of trade all material information about the transaction, in willful violation of MSRB Rule G-17. For these violations in the aggregate, Respondent Cantone Research Inc. is expelled from FINRA membership, and Respondents Anthony J. Canto

Reference 2017055886402data-portal.finra.orgdata-portal.finra.orgdata-portal.finra.orgfinra.org