FINRA Bars Morgan Stanley Stockbroker In Investigation
Ashley K. Martin (also known as Ashley Heather Krueger) of Leawood Kansas a stockbroker formerly registered with Morgan Stanley has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that she neglected to furnish documents and information to the regulator when she was under investigation. Letter of Acceptance Waiver and Consent No. 2019064038501 (Mar. 30, 2020).
According to the AWC, on September 25, 2019, a Uniform Termination Notice for Securities Registration (known as a Form U5) had been submitted to FINRA by Morgan Stanley. The U5 revealed that Martin was discharged by Morgan Stanley based upon allegations that she had modified documents that had already been signed by customers. FINRA contacted Martin to follow up on the information provided by Morgan Stanley.
The AWC stated that on October 21, 2019, Martin was asked by FINRA to provide documentation and information no later than November 4, 2019. FINRA warned the stockbroker that her failure to furnish the information that it requested could result in sanctions. By November 4, 2019, no documents were handed over by Martin. FINRA stated that it made a second request which allowed Martin until January 23, 2020 to cooperate.
FINRA staff received a response from Martin on January 24, 2020 in which the stockbroker acknowledged to having received the requests while confirming that she would at no point cooperate in its investigation. Martin violated FINRA Rules 2010 and 8210.
Martin was registered with Morgan Stanley between October 23, 2007 and September 25, 2019.