Articles Tagged with FINRA Disclosure Events

Broker William Slone’s most recent complaint alleges unauthorized securities trading.

Acting as a securities investment broker since 1969, William Slone faces yet another customer complaint regarding his activities. In November 2015, Slone consented to the sanctions and the entry of the findings that he effected discretionary transactions in the account of a customer without obtaining prior written authorization from the customer and without his member firm having accepted the account as discretionary in writing.

Throughout his career, Slone amassed a total of 10 customer disputes, 3 regulatory events, and 1 employment separation after allegations. Some of the allegations against him include unauthorized trading and forged margin form, unsuitability of investment and wrongful discretion, nondisclosure regarding receiving shares of company stock that he recommended to his customers to purchase, excessive trading, and effecting discretionary transactions without prior written authorization.