FINRA Bars Jerry W. Simpson –Failure to Provide Testimony
According to the Financial Industry Regulatory Authority (FINRA) on February 16, 2018 an AWC was issued in which Jerry Wayne Simpson (CRD #5513406, Madisonville, Kentucky) was barred from association with any FINRA member in all capacities.
Without admitting or denying the findings, Simpson consented to the sanction and to the entry of findings that he refused to produce FINRA-requested documents and information in connection with its review of allegations by his former member firm, Thrivent Investment Management.
According to reports, FINRA was investigating charges that Simpson did not inform his employer that he had a felony charge alleging wanton abuse/neglect of an adult by a person, and may have misappropriated funds from customers.
According to his FINRA BrokerCheck report, Simpson worked at Thrivent Investment Management, Inc. in Madisonville, KY from August 2015 until he was fired in December 2017.
For FINRA’s full findings see FINRA Case #2017056737501.
Investigating Potential Claims
The White Law Group is investigating potential claims involving Jerry Wayne Simpson and his former employer. Brokerage firms have an obligation to properly supervise their financial advisors. Firms that fail to do so can be held responsible for resulting losses in a FINRA arbitration claim.
If you have questions or concerns about investments you made with Jerry W. Simpson, the securities attorneys at The White Law Group may be able to help you. To speak with a securities attorney, please call 888-637-5510 for a free consultation.
This information, which is publicly available on the Financial Industry Regulatory Authority’s website, has been provided by The White Law Group.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, and its representation of investors, please visit our website at https://www.whitesecuritieslaw.com.