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Nicol Malas Fired from Hilltop Securities

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
September 23, 2025 at 11:23pm

Nicol Malas (CRD #: 3266287), a broker registered with Bancroft Capital, was fired from his previous firm, according to his BrokerCheck record, accessed on August 10, 2025. If you have questions about his alleged conduct as a broker, keep reading.

Termination from Hilltop Securities

On January 6, 2021, Nicol Malas was fired from Hilltop Securities following allegations that he modified a document after it was signed by a firm representative then presented it with a copy of that signature to a third party.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Nicol Malas has passed the following exams:

  • Municipal Securities Principal Examination – Series 53
  • Investment Banking Registered Representative Examination – Series 79TO
  • Municipal Securities Representative Examination – Series 52TO
  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Uniform Securities Agent State Law Examination – Series 63

Nicol Malas is a registered broker in New York and Pennsylvania.

He has also worked for the following firms:

  • American Veterans Group (CRD#:291933)
  • Hilltop Securities (CRD#:6220)
  • Jeffries (CRD#:2347)
  • PNC Capital Markets (CRD#:15647)
  • Siebert, Brandford, Shank & Company (CRD#:42568)
  • Banc of America Securities (CRD#:26091)
  • UBS Securities (CRD#:7654)
  • UBS Financial Services (CRD#:8174) 

Kurta Law Can Help

If you worked with Nicol Malas and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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