Business

Another kick in the butt for Belesis

John Thomas Financial, the Wall Street firm owned by celebrity broker Tommy Belesis, is facing yet another regulatory headache, The Post has learned.

The industry’s self-regulatory body, the Financial Industry Regulatory Authority, is looking into allegations that JTF improperly marked brokers’ licenses, according to people familiar with the probe.

As part of the probe, Finra has compiled a list of brokers who have complained that their license has been marred by untrue statements, sources said.

“There’s absolutely zero merit to this,” said JFT spokesman David Pitts.

If Finra finds the allegations to be true, JTF or execs who signed the forms could be penalized for filing false documents.

In January, JTF sued a group of brokers who left the firm, saying they “removed valuable confidential business information from JTF within the days and possibly weeks immediately before their collective departure.”

One broker said in an affidavit that JTF accused him of computer fraud on his U5 even though he “did not have a computer at the firm nor log-in information to access JTF’s computer system.” JTF dropped the case earlier this month.

The firm, through a spokesperson, declined to elaborate on the brokers’ case except to say its claims against the former employees are being pursued by Finra.