Bad Broker

FINRA Suspends Janelle Kay English for Failure to Provide Information Under Rule 9552(d)

2024-09-23

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According to FINRA, Janelle Kay English (CRD #6229377) of Tulsa, Oklahoma was suspended from the securities industry for failure to provide information or keep information current pursuant to FINRA Rule 9552(d). The suspension became effective on September 23, 2024. This action is associated with FINRA Case #2024082093501. FINRA Rule 9552(d) is an administrative provision that empowers FINRA to suspend an individual who fails to provide information or maintain current information as required by FINRA rules. The process is initiated when FINRA identifies a compliance deficiency related to information requirements. FINRA then issues a notice to the individual, specifying the particular deficiency and establishing a deadline for resolution. If the individual does not comply by the deadline, the suspension takes effect automatically. During the period of suspension, English is prohibited from associating with any FINRA member firm in any capacity and cannot engage in any securities-related activities. The requirement to provide information and cooperate with FINRA's regulatory inquiries is a fundamental obligation for all persons registered in the securities industry. FINRA Rule 8210 grants FINRA broad authority to request documents, information, and testimony from current and former associated persons as part of its investigations and examinations. This authority is essential to FINRA's ability to fulfill its mission of protecting investors and ensuring the integrity of the securities markets. Without the cooperation of registered persons, FINRA would be unable to effectively investigate potential misconduct or enforce compliance with securities regulations. A suspension under Rule 9552(d) serves as both a consequence for non-compliance and an incentive to provide the required information. If the individual complies with FINRA's request during the suspension period, the suspension may be lifted. However, if the individual continues to fail to provide the required information, the suspension may ultimately be converted to a permanent bar under Rule 9552(h), which would permanently exclude the individual from the regulated securities industry. Investors should be aware that suspended individuals are not permitted to conduct securities business and should verify the registration status of their financial professionals through FINRA's free BrokerCheck service before making any investment decisions or entrusting their assets to a financial professional.

Violation :

Suspended for failure to provide information or keep information current pursuant to FINRA Rule 9552(d)

Tags :

Janelle Kay English,
OK
CRD Number : 6229377

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