Jon Cox Barred From Securities Industry After FINRA Launches Investigation

Investigation follows termination from LPL Financial

Jon Lawrence Cox, who has been in the securities industry since June 1990, according to FINRA documents, has been barred as of April 29 after allegedly failing to respond to three written requests from FINRA to provide information to aid an investigation into allegations against him.

Cox was discharged from LPL Financial after allegedly violating policies about outside business activities, according to a disclosure made by the firm. After receiving this information, FINRA launched its own investigation into whether those activities violated its rules as well. FINRA requested information from Cox, who allegedly did not provide it, leading to his barring.

This is not the first time Cox has had to disclose anything to FINRA. In January 2004, while employed by Hilliard Lyons, he paid nearly $30,000 toward a $51,593.51 settlement in which a customer alleged that Cox provided false information and failed to correct it in a timely manner. Before that, Cox was involved in a similar settlement in which the firm paid more than $65,000 in alleged damages as a result of false information.

If you are an investor who has experienced financial loss at the hands of Jon Cox or any financial adviser, Silver Law Group may be able to help. Silver Law Group is composed of attorneys practicing nationwide with the skills and experience needed for securities arbitration and loss recovery.

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