Stuart Nichols was barred by FINRA after failing to participate in the investigation into his trading activities.
The Sonn Law Group is investigating allegations that Stuart Nichols committed misconduct. Under FINRA Rules, brokerage firms are liable for their brokers’ misconduct or negligence and investors may be able to their investment through FINRA arbitration. Contact Sonn Law Group today or call us at 866–827–3202 for a free consultation.
Stuart Nichols(CRD#:4932310) was a broker for Raymond James from 2013 until 2018. Prior to this, he was employed by Morgan Keegan & Company from 2008 until 2013.
Without admitting or denying the findings, Nichols consented to the sanction and to the entry of findings that he refused to appear for FINRA on-the-record testimony requested in connection with its investigation of Nichols for possible excessive trading in customer accounts at his member firm.
FINRA’s findings state, “[o]n October 3, 2019, in connection with its investigation into possible excessive trading in RJA customer accounts, FINRA staff sent a request to Nichols for on-the-record testimony pursuant to FINRA Rule 8210. As stated in his counsel’s email to FINRA staff on October 3, 2019, and by this agreement, Nichols acknowledges that he received FINRA’s request and will not appear for on-the-record testimony at any time.”
Nichols has no other customer disputes on his BrokerCheck report.
Jeffrey R. Sonn is an experienced investor losses attorney. If you suffered losses because a financial professional committed acts in violation of FINRA Rules, Mr. Sonn will protect your rights and interests. Please do not hesitate to contact the Sonn Law Group today for a free review of your claim