Kajie McMullen (CRD #7052045, Chicago, Illinois)

March 11, 2022 – An Order Accepting Offer of Settlement was issued in which McMullen was barred from association with any FINRA member in all capacities. Without admitting or denying the allegations, McMullen consented to the sanction and to the entry of findings that she failed to provide a complete response to FINRA’s requests for information and documents in connection with its investigation into the circumstances of her termination from her member firm. The findings stated that the requested information and documents were necessary to determine whether McMullen improperly applied for and used Small Business Association grants and whether she failed to disclose her OBAs to her firm. McMullen initially called FINRA and confirmed receipt of its request. Among other things, McMullen stated that she did not have copies of some of the requested documents, including the applications she submitted to the Small Business Administration. FINRA suggested how McMullen could obtain copies of those documents. Subsequently, McMullen, through counsel, provided FINRA a partial response to the requests. That response was incomplete because McMullen failed to provide some of the information and documents that the requests sought, including the Small Business Association applications, bank records, and tax returns. McMullen also did not describe any efforts to obtain the Small Business Association applications. (FINRA Case #2020068502202)