According to FINRA, Glenn Ngo has been barred from association with any FINRA member in all capacities for refusing to produce information and documents requested by FINRA.

FINRA's investigation concerned whether Ngo had participated in a potential private securities transaction away from his member firm. Private securities transactions, sometimes called selling away, occur when registered representatives participate in securities transactions outside the regular course of their employment with their firm.

FINRA rules require representatives to provide written notice to their firm before participating in any private securities transaction. This requirement exists because firms need to supervise all securities activities of their representatives, and customers may be harmed when representatives engage in unmonitored transactions.

Ngo's refusal to cooperate with the investigation resulted in a permanent bar from the securities industry. This sanction prevents him from working at any FINRA member firm in any capacity.

Investors should be cautious when representatives offer investment opportunities outside their firm's normal products and services. These outside investments often lack the regulatory protections that come with firm-supervised transactions. Before investing, always verify whether an investment is being offered through the representative's firm and whether the firm has approved the transaction.

If you invested with Glenn Ngo in any capacity, particularly in investments outside his firm, you should review those investments carefully and consider consulting with a securities attorney to understand your rights and options.