Securities Arbitration Lawyers BlogMassachusetts-based Broker Jeffrey B. Pierce Permanently Barred by FINRA
Allegations include conversion of funds from non-securities customer account
After thirteen years in the securities industry, Jeffrey Pierce has been permanently barred from practicing in the securities industry in any capacity. During his career, Pierce accumulated eleven disclosure events, including regulatory events, a criminal event, customer disputes and two employer terminations.
The most recent complaint, according to FINRA’s BrokerCheck report, alleges that Pierce circumvented the procedures of his member firm in order to conceal unsuitable annuity replacement transactions.