July 24, 2023 – An Office of Hearing Officers (OHO) decision became final in which Jean was barred from association with any FINRA member in all capacities. The sanction as based on the findings that Jean failed to provide information and documents or appear for on-the-record testimony requested by FINRA in connection with an investigation into whether he converted money from his customer. The findings stated that FINRA’s investigation began after reviewing a Consent Order issued by the Maryland Securities Commissioner. In that order, Jean consented to findings that, while associated with his member firm, he fraudulently initiated four Automated Clearing House (ACH) transfers from a firm customer’s brokerage account to pay his personal credit card bill. The Consent Order imposed sanctions that, among other things, barred Jean from engaging in the securities or investment advisory business in Maryland. (FINRA Case 2022076975901)
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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