Leslie Don Jackson (CRD #2176917, Dallas, Texas)

September 19, 2023 – An AWC was issued in which Jackson was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Jackson consented to the sanction and to the entry of findings that he participated in private securities transactions totaling $1,975,000 without providing advance written notice to his member firm prior to engaging in these transactions. The findings stated that Jackson participated in the sale of promissory notes issued by entities purportedly engaged in a business that provided financing to construction companies. Jackson recommended the investments to five investors, including one family member and three firm customers, who ultimately purchased an aggregate $1,475,000 of the issuers’ promissory notes. Jackson also personally purchased notes totaling $500,000. Jackson participated in these investments by telling the investors about the notes, answering questions about the investments, helping the investors complete the subscription documents, and collecting the payments for the investments to provide to the issuers. Jackson received periodic payments from the issuers in amounts equal to 3% of each investment per year during their respective terms, paid monthly. In addition, Jackson falsely responded to questions about whether he had participated in private securities transactions on compliance questionnaires. (FINRA Case #2022077350301)