According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), Eli Lazarowitz, while associated with Goldman Sachs, broke FINRA and securities rules. He allegedly failed to disclose the existence of an outside brokerage account he held at another FINRA-regulated broker-dealer. He also allegedly failed to notify the FINRA member where the outside brokerage account was held that he had become associated with the firm. He also attested to Goldman Sachs that he did not have any outside brokerage accounts requiring disclosure, which was not true. For this misconduct, he was fined $5,000 and suspended from the industry for 45 days.
According to his online, FINRA BrokerCheck report which is public record, Mr. Lazarowitz was previously registered with Waterhouse Securities in Omaha, Nebraska from September 1998 until January 1999, Citicorp Investment Services in Long Island City, New York from March 1999 until April 2000, Goldman Sachs Execution & Clearing in New York, New York from April 2000 until January 2012, BNP Paribas Securities Corp in New York from May 2017 until October 2017 and BNP in New York from May 2017 until October 2017. He is not currently registered as a broker.