According to FINRA, Jeffery Bryant Sanders (CRD #6598339), a broker based in Union, South Carolina, was barred from the securities industry on August 26, 2024, for failure to provide information or keep information current pursuant to FINRA Rule 9552(h).

FINRA Rule 9552(h) authorizes FINRA to permanently bar an individual from associating with any FINRA member firm when the individual fails to respond to information requests or maintain current regulatory filings. This is one of the most severe sanctions available to FINRA and reflects the importance that the regulator places on cooperation and transparency from those it regulates. This action was taken in connection with FINRA Case #2024081360501.

Registered representatives are required to cooperate with all FINRA inquiries as a condition of their registration. This obligation continues even after a broker leaves a firm or the industry. When individuals fail to meet this obligation, FINRA must act to protect the integrity of the regulatory process and the safety of the investing public. A bar under Rule 9552(h) ensures that non-cooperative individuals cannot return to the industry to potentially harm investors.

For investors, this action serves as an important reminder about the value of FINRA's regulatory oversight. The bar means Sanders can no longer work in any capacity at a FINRA member firm. Investors who had dealings with Sanders should review their account records and reach out to their current brokerage firm if they have any questions or concerns about their accounts. FINRA's free BrokerCheck tool allows investors to look up the background and disciplinary history of any registered broker, and investors are strongly encouraged to use this resource regularly.