Securities Arbitration Lawyers BlogCarlton E. Burton’s Short Brokerage Career Ends in Permanent Bar by FINRA
Florida-based broker allegedly misappropriated funds while associated with two different member firms.
Carlton E. Burton passed his Series 7 General Securities Representative Exam in October 2014. He passed his Series 66 Uniform Combined State Law Examination in June 2015. And in February 2016, Burton was permanently barred from associating with any FINRA member in any capacity.
The FINRA action results from Burton’s refusal to respond to FINRA’s request for documents and information during an investigation into allegations that he misappropriated assets from the investment advisory firm where he worked.