Vincent Jerome Camarda (CRD #2463703) Has Disclosures on FINRA BrokerCheck
Vincent Jerome Camarda (CRD #2463703) was previously registered as a broker. We reviewed his BrokerCheck report on April 10, 2026. It reflects five regulatory events, one civil event, 33 customer disputes, and one employment termination. If you invested with Vincent Camarda and have concerns, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Regulatory Actions
Vincent Camarda’s FINRA BrokerCheck report reflects five regulatory event disclosures. Two recent examples are below. Three additional regulatory events remain on the report.
On March 25, 2026, FINRA reported a final regulatory action stating that Vincent Camarda failed to comply with an arbitration award or settlement agreement, or failed to satisfactorily respond to a FINRA request about the status of compliance. FINRA imposed an indefinite suspension in all capacities that continues until the required payment is made or the debt is discharged. FINRA order
On December 2, 2025, FINRA reported another final regulatory action with the same allegation. FINRA again imposed an indefinite suspension in all capacities that continues until the required payment is made or the debt is discharged. FINRA order
Employment Separation
Vincent Camarda’s FINRA BrokerCheck report also reflects one employment separation after allegations. A summary appears below.
On June 17, 2022, IBN Financial Services, Inc. reported that Vincent Camarda was permitted to resign. The firm stated the separation involved allegations of unlawfully offering and selling securities in connection with a more than $500 million unregistered fraudulent offering tied to Complete Business Solutions Group, doing business as Par Funding. The firm also noted that the SEC had previously charged Par Funding and others with operating a fraudulent scheme that raised hundreds of millions of dollars from investors nationwide.
Civil Actions
Vincent Camarda’s FINRA BrokerCheck report reflects one pending civil disclosure. A summary of that disclosure is below.
On June 9, 2022, the United States Securities and Exchange Commission filed a pending civil action in federal court in the Eastern District of New York. FINRA BrokerCheck states the case concerns promissory notes tied to an unregistered securities offering that allegedly raised more than $75 million from more than 200 investors.
According to Vincent Camarda’s FINRA BrokerCheck report, the SEC alleges that A.G. Morgan Financial Advisors, LLC, Vincent Camarda, and James McArthur solicited investors in connection with Par Funding’s unregistered offering. BrokerCheck also states that the SEC alleged Camarda failed to disclose a conflict because AGM owed Par Funding about $750,000 and Camarda personally guaranteed that debt.
Vincent Camarda’s FINRA BrokerCheck report further states that Camarda and McArthur solicited nearly one dozen investors to invest at least $2.6 million in promissory notes, and that AGM, Camarda, and McArthur collectively received more than $7 million in compensation. The civil matter remains pending.
Investor Disputes / Customer Complaints
Vincent Camarda’s FINRA BrokerCheck report reflects 33 customer dispute disclosures. Two recent pending disputes are summarized below. Thirty-one additional customer disputes remain on the report.
On February 19, 2026, a customer alleged unsuitable recommendations, negligence and gross negligence, and omissions of fact and material misstatements during March 2021 through June 2022. The damages requested were $500,000.
On February 19, 2026, another customer alleged improper and unsuitable investment recommendations, breach of fiduciary duty, and negligence during March 2021 through June 2022. The damages requested were $1,000,000.
Rule Summary #1: FINRA Rule 3280 (Private Securities Transactions of an Associated Person)
FINRA Rule 3280 requires associated persons to give written notice before participating in a private securities transaction. The rule matters when a disclosure involves securities activity outside normal firm supervision or approval.
Rule Summary #2: FINRA Rule 3270 (Outside Business Activities of Registered Persons)
FINRA Rule 3270 requires written notice before a registered person engages in outside business activity for compensation or with an expectation of compensation. The rule is relevant when outside activity and investor solicitations may create conflicts or supervision concerns.
Why This Matters to Investors (Regulation Best Interest)
Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.
Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.
Reg BI has four key obligations:
Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.
Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.
Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.
Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.
Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.
Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.
Background Information (from BrokerCheck)
Based on his FINRA BrokerCheck report, Vincent Camarda:
Is not currently registered.
Has passed the Securities Industry Essentials (SIE) exam. Vincent Camarda has also passed Series 7, Series 24, Series 66, and Series 63.
Was previously registered with firms that include IBN Financial Services, Inc., Traderfield Securities Inc., American Portfolios Financial Services, Inc., and LPL Financial LLC.
Kurta Law Can Help
If you have worked with Vincent Camarda and have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.
Helpful resources: Securities Attorney | Selling Away
For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. The firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.