Nex Systems
Type not stated

Harvey Alan Brode

Regulator action

United States. Named in 1 sanctions listing.

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Sanctions and listings1

  • Official designation

    Financial Industry Regulatory AuthorityUS FINRA Enforcement ActionsUnited States

    09/29/2026: From June 30, 2020, to May 10, 2024, when recommending that his retail customers sell Class A mutual funds and then purchase new Class A mutual funds that imposed a new front-end sales charge, Brode failed to consider whether his customers could have achieved their objectives by exchanging into a new mutual fund within the same fund family, which would not have required the customers to pay a new front-end sales charge. As a result, Brode willfully violated the Care Obligation of Rule 15/-1 of the Securities Exchange Act of 1934 (Reg BI) and violated FINRA Rule 2010. Brode is suspended for two months from associating with any FINRA member in all capacities and fined $5,000.

    Reference 2025088487601data-portal.finra.orgfinra.org

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