March 22, 2022 – An AWC was issued in which David Robert McDonnell was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, McDonnell consented to the sanction and to the entry of findings that he refused to provide documents and information requested by FINRA in connection with an investigation into the circumstances giving rise to McDonnell’s termination from his member firm. The findings stated that the firm filed a Form U5 stating that it had terminated McDonnell’s employment because he had participated in a private securities transaction by issuing promissory notes and conducted an OBA by serving as a trustee of a trust. (FINRA Case #2022073798801)
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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