According to FINRA, Jordan Paul Meadow has been barred from association with any FINRA member in all capacities for refusing to appear for on-the-record testimony requested by FINRA.

FINRA's investigation concerned potential excessive trading at Meadow's member firm. Excessive trading, also known as churning, occurs when a broker engages in excessive buying and selling of securities in a customer's account primarily to generate commissions rather than to benefit the customer.

Excessive trading is particularly harmful to investors because it generates costs that erode investment returns while providing no benefit to the customer. Signs of excessive trading include high turnover rates, significant commission costs relative to account size, and in-and-out trading patterns where securities are bought and sold quickly without regard to market conditions.

Meadow's refusal to provide testimony resulted in a permanent bar from the securities industry. This sanction reflects the seriousness with which FINRA views failures to cooperate with investigations, particularly those involving potential customer harm.

Investors should regularly review their account statements for signs of excessive trading. Look for frequent transactions, especially in the same securities, and compare your total commission costs to your account returns. If commissions and fees are consuming a significant portion of your returns, you may be a victim of churning.

If you were a customer of Jordan Paul Meadow or his firm and experienced high turnover and commission costs in your account, you should consider consulting with a securities attorney to evaluate whether you have a claim for excessive trading.