According to FINRA, William Shane Garrow was barred from association with any FINRA member firm pursuant to FINRA Rule 9552(h) for failure to provide information or keep information current.

The bar became effective on August 19, 2025.

Under FINRA Rule 9552(h), when an individual subject to suspension under the rule fails to request termination of the suspension within three months, FINRA may bar the individual from association with any member firm. This means Garrow was initially suspended for failing to provide information, and after three months without coming into compliance, the suspension converted to a permanent bar.

A bar from the securities industry is a serious sanction that permanently prohibits an individual from working with any FINRA member firm in any capacity.

The underlying reason for the information request is contained in FINRA Case #2024081829901. When individuals fail to provide information to FINRA, it prevents the regulator from investigating potential misconduct and protecting investors.

For investors who had dealings with Garrow, the bar means he can no longer work in the securities industry. However, the underlying matter that prompted FINRA's information request may never be fully investigated due to his failure to cooperate.

If you have concerns about transactions or advice provided by Garrow, consider consulting with a securities attorney about your options. You may also file a complaint with FINRA even though Garrow is no longer registered.