Securities Arbitration Lawyers BlogFINRA Permanently Bars Barry Hartman From Securities Activity for Alleged “Selling Away” Activities
Montana financial advisor barred from securities activity for multiple FINRA violations
In a ruling that came in August 2015, the Financial Industry Regulatory Authority (FINRA) permanently barred Barry G. Hartman, formerly of FSC Securities Corporation in Missoula, MT, for allegedly engaging in a practice known in the industry as selling away.
While Hartman was registered with FSC, he also managed his securities business through Rocky Mountain Financial LLC. Multiple prior clients are alleging that Hartman recommended outside investments without the necessary approval from his registered firm.