Paul Gallivan Under SEC Investigation Over Steep Yield Curve

Paul Gallivan (CRD #: 5793918), a broker registered with A.G.P. Alliance Global Partners, is the subject of an SEC investigation, according to his BrokerCheck record, accessed on August 10, 2021. If you want more details on Gallivan’s conduct as a broker, keep reading.

On June 3, 2021, the SEC initiated an investigation into Paul Gallivan, specifically his sales of curve steepeners. Curve steepeners attempt to profit on the difference between short and long-term interest rates. If there is a big difference between the interest rates – i.e., a steep curve, the investor can reap substantial profits. On the other hand, if interest rates are flat, the investor could lose money. Brokers should make sure investors understand the risks.

There is also a financial disclosure on Paul Gallivan’s record. On December 23, 2020, Gallivan discharged a bankruptcy.

Paul Gallivan Background Information

Gallivan has passed the following exams:

• Series 63 Uniform Combined State Law Examination
• Series 65 Uniform Securities Agent State Law Examination
• Securities Industry Essentials Examination
• Series 7 General Securities Representative Examination

He is a registered broker in ten states and is a registered investment adviser in Florida and Texas.

Gallivan has worked with the following firms:

• Aegis Capital Corp (CRD #: 15007)
• Morgan Stanley (CRD #: 149777)
• Herbert J. Sims & Co. (CRD #: 3420)

Kurta Law Can Help

If you worked with Paul Gallivan and you have concerns about your investments, contact Kurta Law today. Call 877-600-0098 or email info@kurtalawfirm.com.