(CRD #5074732, Irving, Texas)

April 10, 2026 – An AWC was issued in which Stephen Glover Parks was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for three months. Without admitting or denying the findings, Parks consented to the sanctions and to the entry of findings that he recommended sales of private placements to retail customers without having the required registration to engage in this activity. The findings stated that Parks acted as his member firm’s primary selling agent for at least two private placement offerings. Parks contacted retail customers to solicit investments in the private placement offerings, made presentations to groups of potential investors about the offerings, provided prospective investors with required documentation and assisted them in completing the same, and determined whether the investments were in the customers’ best interest. Although one of the offerings failed to meet its contingency and returned customers’ investments, Parks received commissions for his selling activity in connection with the other offering. Parks was registered as an Investment Banking Representative but not as a General Securities Representative or Private Securities Offerings Representative. The suspension is in effect from April 10, 2026, through July 9, 2026. (FINRA Case #2022074266901) If you have suffered losses as a result of Stephen Glover Parks's act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Stephen Glover Parks. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866-330-6707 or email Matthew Schwartz directly at mschwartz@tslfirm.com.