August 3, 2023 – An AWC was issued in which Wastler was assessed a deferred fine of $7,500 and suspended from association with any FINRA member in all capacities for 10 months. Without admitting or denying the findings, Wastler consented to the sanctions and to the entry of findings that he forged or falsified customer and registered representative electronic signatures on account documents. The finding stated that at least nine of the customers’ names were signed without their permission. Wastler also electronically signed the name of another representative, his business partner, on account documents, at least some of which were without the representative’s permission. None of the customers complained. In addition, Wastler falsely attested in a compliance questionnaire that he had not signed or affixed another person’s signature on a document. The findings also stated that by forging and/or falsifying customer and registered representative signatures, Wastler caused his member firm to maintain inaccurate books and records.
The suspension is in effect from August 7, 2023, through June 6, 2024. (FINRA Case #2021072406601)
Matthew Schwartz
Matthew Schwartz represents clients harmed by lawyers, accountants, insurance professionals, real estate agents, brokers, financial advisors, and other trusted professionals. He handles Florida litigation and nationwide FINRA arbitration. He has been recognized in The Best Lawyers in America® and named to the Best Law Firms® list.
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