According to FINRA, Jared R. Bon was barred from association with any FINRA member firm in all capacities after falsely claiming to have passed the Series 7 exam and submitting falsified documents to his firm.

The Series 7 General Securities Representative Qualification exam is required for individuals to be licensed to sell securities products. Passing this exam demonstrates that an individual has the basic knowledge necessary to work as a registered representative.

Bon falsely told his supervisor that he had passed the Series 7 exam and submitted an altered document to the firm reflecting that he had passed when he had not. When the firm was unable to verify this information, Bon provided an additional falsified document, a fictitious email purportedly from the testing center, falsely showing he had been scheduled to take the exam when he had not.

This conduct constituted a serious violation of FINRA rules prohibiting dishonesty and falsification of records. By fabricating exam results, Bon attempted to deceive his firm into allowing him to work as a registered representative without the required qualifications.

The bar permanently prohibits Bon from working at any FINRA member firm. This case demonstrates that attempts to circumvent licensing requirements through fraud will result in permanent exclusion from the securities industry. Investors can verify their representatives' qualifications and exam history through FINRA's BrokerCheck tool.