Rep Forged Signatures on Hundreds of Insurance Documents: FINRA
October 16, 2024 by Melanie Waddell
The Financial Industry Regulatory Authority has fined a broker $7,500 and suspended him for one year for forging and/or falsifying customer signatures on hundreds of insurance account documents.
Click HERE to read the full story via Think Advisor.
Wink’s Moore on the Market: Warning: unpopular opinion. Only $7,500‽
And a suspended license for one year‽
I thought FINRA doesn’t play…
I know the clients were okay with what he did, but this doesn’t seem to be a penalty that would serve as a deterrent. Just my two cents… -sjm
Originally Posted at Think Advisor on October 4, 2024 by Melanie Waddell.
Categories: Industry Articles
