Securities Fraud and Mismanagement

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Securities Fraud

Supreme Alliance Annuity Switching

FINRA alleges annuity switching fraud at Supreme Alliance and the broker failed to detect and stop it. FINRA alleges, that between September 2019 and May 2022, Supreme Alliance failed to take appropriate actions to prevent annuity “switching fraud.”...

Joseph Kelly Securities Fraud

FINRA fines and suspends Joseph Kelly over numerous alleged violations of numerous securities regulations. August 22, 2025, FINRA issued an AWC, a regulatory settlement, in which fined Joseph Kelly $10,000, suspended him from association with any FINRA member in all...