WASHINGTON (AP) - The Financial Industry Regulatory Authority, Wall Street's self-regulator, has barred a broker from the securities industry after he led dozens of NFL players to a controversial casino project that lost them more than $40 million.
FINRA said Thursday that Jeffrey Rubin of Lighthouse Point, Fla., made unsuitable recommendations to his customer, an unnamed NFL player, to invest in high-risk securities tied to an Alabama casino that went bankrupt.
The unnamed player lost $3 million. Rubin referred other investors - 30 other NFL players - to the Country Crossing project. They lost about $40 million.
Rubin neither admitted nor denied the charges, but consented to the entry of FINRA's findings.

Recent NFL Discussions

Handicapping 2016 Win Totals on Fri, May 2016 by Blade
2016 NFL Draft Props on Thu, Apr 2016 by Blade
NFL Draft Preview on Thu, Apr 2016 by Blade

NFL Top Stories

Thumbnail Romo eyes lengthy return Injuries have been an issue at times for Dallas Cowboys quarterback Tony Romo, but the veteran NFL star is far from thinking about...
Thumbnail Lockette retiring from Seahawks The Seattle Seahawks are losing another skill-position player from last year’s team as receiver Ricardo Lockette is expected to announce his retirement...
Thumbnail Dolphins securing the D-Line The Miami Dolphins are trying to make a push for the playoffs and they aided that on Saturday by signing Cameron Wake to a two-year...
Thumbnail Updated Super Bowl LI Odds The 2016 NFL Draft has now concluded. How did the draft impact the odds to win the Super Bowl next season?
Thumbnail Larmey Tunsil NFL Draft Prediction Once considered the top prospect in this year's class, how far will Larmey Tunsil fall in the first round of tonight's 2016 NFL Draft?
More inNFL Articles  

NFL Team Pages