Brittany Jade Sias of Westlake Village, California, a stockbroker formerly registered with Western International Securities, Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that she obstructed a FINRA investigation into allegations of her improper handling of a customer’s funds. Letter of Acceptance, Waiver and Consent, No. 2017053136102 (Oct. 5, 2017).

According to the AWC, FINRA launched an investigation into funds that Sias received by a customer of Western International from February of 2017 to June of 2017. The AWC stated that information and documentation regarding Sias’ handling of the customer’s funds had been requested by FINRA staff on August 3, 2017, according to Rule 8210. Apparently, only a portion of FINRA’s requested information was provided by Sias by the August 10, 2017 deadline.

Evidently, a second request for information was submitted to Sias by FINRA on August 17, 2017, and a third on August 29, 2017. The AWC indicated that Sias was instructed by FINRA to respond completely to FINRA’s August 3, 2017 request. Yet, Sias never responded to FINRA’s second or third letter by the August 25, 2017 and September 1, 2017 deadlines. FINRA concluded that Sias’ failure to respond hindered the investigation into her wrongdoing, and found her conduct violative of FINRA Rules 2010 and 8210.

FINRA Public Disclosure reveals that Sias was fired by Western International Securities on October 5, 2017.

Guiliano Law Group

Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

Tags: ,

No comments yet.

Leave a Reply

Name (required)

Email (will not be published) (required)

Website