FINRA Bars Raymond James Stockbroker In Investigation
Bryce Patrick Jenney of Nashville Tennessee a stockbroker formerly registered with Raymond James Associates has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to a Default Decision issued by FINRA Office of Hearing Officers containing findings that Jenney failed to comply with FINRA’s requests during the period that he was under investigation for advising customers on investments that were not offered through Raymond James. Department of Enforcement v. Bryce Patrick Jenney Disciplinary Proceeding No. 2018060216701 (Apr. 9, 2020).
According to the Decision, on October 18, 2018, FINRA received confirmation from Raymond James that Jenney was terminated from the securities broker dealer for furnishing investment advice regarding non-approved investments.
Jenney was asked by FINRA personnel to furnish information and documentation in response to the allegations of his outside advisory arrangements. The stockbroker declined to respond to the regulator’s request other than to deny the allegations against him. On September 12, 2019, Jenney was instructed twice by FINRA to provide recorded testimony, but he failed to respond to both requests.
FINRA Department of Enforcement filed a Complaint against Jenney for his lack of cooperation. Jenney neglected to respond to the Complaint. FINRA’s Office of Hearing Officers found that Jenney was in default by not responding and that he violated Rules 2010 and 8210.