March 3, 2022 – An Office of Hearing Officers (OHO) decision became final in which Scheible was barred from association with any FINRA member in all capacities. The sanction was based on findings that Scheible failed to comply with FINRA’s requests for information and documents and failed to provide on-the-record testimony during an investigation. The findings stated that FINRA initiated the investigation after receiving two incident reports from a test administrator alleging that Scheible violated FINRA’s Qualification Examinations Rules of Conduct by removing scratch paper from the exam room and accessing unauthorized materials while taking the Securities Industry Essentials (SIE) examination. The information, documents, and testimony FINRA sought regarding Scheible’s potential cheating on the SIE exam were material to its investigation and her failure to comply with FINRA’s requests impeded its investigation into potentially serious misconduct. (FINRA Case #2021069496201)
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.
More about Matthew