John Rollin Revelle (CRD #5619752, Jacksonville, Florida)

August 5, 2024 – An AWC was issued in which Revelle 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, Revelle consented to the sanctions and to the entry of findings that he drafted, signed, and disseminated asset verification letters on his member firm’s letterhead to third parties that contained material misrepresentations without obtaining his firm’s approval. The findings stated that the material misrepresentations included incorrectly stating that the individual on whose behalf the letters were sent was a firm customer. In addition, one of the letters materially overstated the value of the individual’s assets, including crypto assets, and incorrectly stated that Revelle had verified the individual’s assets, even though he had not taken any steps to do so. The findings also stated that Revelle engaged in an OBA that he failed to disclose to the firm. Revelle was employed by a third-party entity—a start-up decentralized crypto exchange—to assist the company in processing investments, for which he earned more than $29,000. The suspension is in effect from August 5, 2024, through June 4, 2025. (FINRA Case #2022076194201)