According to a recent FINRA disciplinary announcement, Christopher Thomas Tolmacs (CRD #4648724, Scotts, Michigan) has submitted an AWC in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Tolmacs consented to the sanction and to the entry of findings that he failed to fully respond to FINRA requests for documents and information, and refused to appear for the continuation of his on-the-record testimony during the course of an ongoing FINRA investigation related to whether he had entered into lending arrangements with several of his customers through the issuance of promissory notes, and assessing whether those arrangements violated FINRA rules, whether Tolmacs made materially misleading statements and omissions in connection with those arrangements, and whether Tolmacs converted customer funds.
For the full FINRA findings, see FINRA Case #2016048966301.
According to Tolmacs’ FINRA BrokerCheck, he was registered with TRIAD ADVISORS, INC. from 04/2008 – 03/2016.
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