According to a recent FINRA disciplinary announcement, Kelsey Marie Molyet (CRD #5695243, Indianapolis, Indiana) submitted an AWC in which she was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Molyet consented to the sanction and to the entry of findings that she falsified documents, including checks and account statements, and provided them to her member firm’s customers and their agents with the intent to deceive them about their account balances. The findings stated that Molyet made written misrepresentations to customers and their agents regarding the value of their accounts and the execution status of certain requested transactions. The findings also stated that Moyet impersonated a customer during telephone calls with third parties. The findings also included that Molyet falsely asserted, in response to a FINRA information request, that she did not alter documents before sending them to customers and their agents.
For the full FINRA findings, see FINRA Case #2014042183301
According to Molyet’s FINRA BrokerCheck, she was registered with J.J.B. HILLIARD, W.L. LYONS, LLC from 12/2009 – 08/2014.
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