Broker records

Accused of operating undisclosed outside business, making material misrepresentations to participants, engaging in private securities transactions, and providing false information to FINRA

Refused to appear for testimony about allegations of unauthorized ownership in insurance agency and improper customer referrals

Failed to appear for testimony about termination for creating fictitious account statements and receiving client checks payable to personal DBA

Electronically signed customer names on account forms without permission, and with permission for other customers, causing inaccurate books and records

Failed to disclose outside brokerage account, exercised unauthorized discretionary trading, and refused to appear for testimony

Converted customer securities, charged unreasonable discriminatory fees, engaged in unauthorized transactions, and systematically seized customer assets valued at over $54.5 million

Negligently failed to disclose material information to investors regarding delayed SEC filings and forensic audit of private placement issuers

Refused to appear for testimony about termination following refusal to cooperate with internal firm review after client accusations

Deliberately changed representative codes on trades to receive higher commissions, resulting in $182,232 in improper payments

Failed to reasonably supervise representative engaged in undisclosed outside business activity involving investment club, and failed to enforce email review procedures

Refused to provide information and documents to FINRA regarding termination for unreasonable and unnecessary business expenses

Refused to appear for testimony about termination for undisclosed outside business activity and allegedly improper SBA loan applications