Advisor David Arthur Jenson, of Amarillo TX Barred from Securities Industry
According to public records on the Financial Industry Regulatory Authority’s website today, the regulator has reportedly barred David Arthur Jenson (CRD# 1333734) from working in the securities industry.
Jenson, who was formerly registered with Great Nation Investment Corp. in Amarillo, Texas, reportedly failed to respond to FINRA’s investigation regarding whether Jenson recommended customers invest in an unsuitable concentration of church bonds. As a result, Jenson was reportedly barred from associating with any FINRA member at any time.
For FINRA’s full findings see, FINRA case number 2019060783601.
According to his FINRA BrokerCheck report, Jenson was reportedly registered with Great Nation from 2006 until December 2020.
Filing a Complaint against your Brokerage Firm
Brokerage firms are required to adequately supervise their advisors. They must ensure they are complying with FINRA rules.
When brokers abuse client accounts and conduct transactions that violate securities laws, the brokerage firm they are working with may be liable for investment losses. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.
The brokerage firms can be held responsible for any losses in a FINRA arbitration claim if it is determined that they failed to properly supervise their agent.
If you are concerned about investments with David Jenson and Great Nation Investment Corp., the securities attorneys at The White Law Group may be able to help you. For a free consultation with an attorney, please call (888) 637-5510.
The foregoing information, which is all publicly available, is being 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. For more information, please visit our website, www.whitesecuritieslaw.com.