Prudential Stockbroker Barred For Obstructing Investigation
Ann Marie Comcowich, of Scranton, Pennsylvania, a registered representative formerly associated with Prudential Investment Management Services LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that she failed to cooperate in a FINRA investigation into allegations of her unauthorized customer account withdrawals. Letter of Acceptance, Waiver and Consent, No. 2017053006702 (Apr. 17, 2017).
According to the AWC, on November 16, 2016, FINRA was notified that Comcowich’s registration with Prudential was terminated. Then, on January 20, 2017, Prudential later informed FINRA that Comcowich, inter alia, was alleged to have effected thirteen withdrawals from the firm’s customers’ accounts despite lacking consent from them.
The AWC stated that on February 8, 2017, Comcowich was sent a letter from FINRA which requested that she provide documentation and information pertaining to the allegations of her wrongdoing. Apparently, Comcowich received multiple requests from FINRA before finally reaching out to FINRA staff on April 3, 2017. At that time, she evidently confirmed to have been in receipt of FINRA’s letters; however, she would not be providing FINRA with the requested documentation and information at any point. FINRA found that Comcowich’s refusal to cooperate in this regard was conduct violative of FINRA Rules 2010 and 8210. Comcowich was barred as a result.
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