According to a FINRA disciplinary action announcement, Robert Lee Drew (CRD #1799265, Janesville, Wisconsin) recently submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Drew consented to the sanction and to the entry of findings that he failed to appear for an on-the-record interview requested by FINRA. The findings stated that the interview was requested in connection with FINRA’s investigation of potentially unsuitable trading in certain of Drew’s customer accounts. Drew’s counsel informed FINRA that Drew had decided not to appear.
For the full FINRA findings, see Case #2013038184601.
According to his FINRA Broker Report, Drew was registered with LPL Financial from August 1997 through September 2013. His broker report also indicates that he was terminated for “violation of firm policy with respect to mutual fund trading.”
The foregoing information, which is all publicly available on FINRA’s website, is being provided by The White Law Group.
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