January 18, 2017 Comments (0) Current Investigations

Henry Dean Watson Barred from Securities Industry

Morgan Stanley
(Last Updated On: March 14, 2017)

The Permanently Barred of Henry Dean Watson

According to FINRA, Henry Dean Watson (CRD#: 1326969) has been permanently barred from the securities industry.

On December 14, 2016, FINRA staff sent a request to Watson for on-the-record testimony in connection with an inquiry into an arbitration claim filed by a customer against Watson. Watson acknowledges that he received FINRA’s request and will not appear for on-the-record testimony at any time.

According to Watson’s FINRA BrokerCheck Watson was registered with J.J.B. Hilliard, W.L. Lyons in Greenville, SC from 01/26/2012 – 10/12/2016. He has three customer complaints that include allegations of excessive trading and commissions, unauthorized trades and portfolio mismanagement.

Brokerage firms have a responsibility to monitor their brokers and ensure that investments recommendations are in the clients’ best interest. When brokers make unsuitable investment recommendations, the firm they work for can be held liable for failure to supervise and responsible for investment losses.

Recovery of Investment Losses

The foregoing information which is all publicly available is being provided by The White Law Group.  For a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to the representation of investors in FINRA arbitration claims against brokerage firms throughout the United States.

To learn more about The White Law Group, visit www.WhiteSecuritesLaw.com.