Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Samir Asaf (Asaf), currently associated with Finalis Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Asaf recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $79,000.00 on September 23, 2025.
Allegation is that Regent Financial and Samir Asaf did not put best efforts and misled Creation Capital that the capital can be raised. Events include signing of a 'best-efforts' engagement agreement signed on Oct 3, 2024. Creation Capital paid Regent a 'non-refundable' $50K DD fee. During Oct 2024-Jan 2025, Regent prepared a 170 page CIM, 2 separate institutional grade financial models, reached out to several hundred investors; referred Creation Capital to law farm 'Doida Crow' for preparation of the PPM, arranged 4 investor calls which were held. Investors asked for additional information from Creation Capital which they were unable to satisfactorily submit. None of the investors were willing to commit capital after speaking to [REDACTED] and [REDACTED] of Creation Capital. While Regent was continuing its efforts to secure additional investors, Creation Capital terminated the mandate. 6 months after terminating the mandate, they filed with FINRA for $79K in compensation.