Sean T. Sullivan CRD 6283466 Denies Charges Against Him Publicly Filed by FINRA Filed September 23, 2025 in a FINRA Disciplinary Action

Sean Sullivan issued the following statement about claims and charges issued against him by FINRA: Background and Factual Inaccuracies

The Article purports to summarize a FINRA complaint (Case #2022075569401, filed September 23, 2025) alleging unauthorized trading in June 2022 and failure to disclose a felony charge on my Form U4. However, it sensationalizes unproven allegations, implies guilt, and omits critical exculpatory facts, making the Article misleading and defamatory:

1.  Unauthorized Trading Allegations:

•  The Article claims I executed 14 unauthorized trades totaling over $250,000 across four customers’ non-discretionary accounts without consent, violating FINRA Rule 2010. This is false. I have phone records documenting client authorization for at least eight of these trades, including conversations with Customers A (Elizabeth Bauer), B (David Bauer), C (Richard Kaufman), and D (Mark Laude). A March 28, 2025, FINRA recording further confirms no unauthorized activity in Laude’s account. Three customers’ trades were reversed with no financial harm, and Laude transferred his account without provable losses attributable to me. Your Article omits this evidence and fails to emphasize that these are mere allegations, not findings.

•  Additionally, the Article ignores that Laude’s account (opened in 2016 with other representatives) was under strict Aegis controls during my brief tenure (December 2021-July 2022), including commissions capped at 0.05% and a maximum of three trades per month, contradicting claims of excessive or unauthorized activity.

2.  Form U4 Disclosure Violation:

•  The Article alleges I willfully failed to disclose a March 2, 2022, first-degree burglary charge in New York, violating FINRA By-Laws Article V, Section 2(c), and Rules 1122 and 2010. This is misleading. The “charge” was a preliminary police-signed felony complaint based solely on hearsay from my brother, involving my own home (rendering burglary impossible). It was dismissed immediately without endorsement by a District Attorney, Assistant District Attorney, or judge, and sealed/expunged in 2023 under New York Criminal Procedure Law §§ 160.50 and 160.59. Under New York law (e.g., People v. Alejandro, 70 N.Y.2d 133), this was not a formal charge requiring Form U4 disclosure. The Article buries the dismissal in one sentence while emphasizing the “felony charge,” implying ongoing integrity issues, despite its sealed status and non-reportability.

The link to the FINRA charges (Paragraph 51) that mentions a “felony” is below.

https://www.finra.org/sites/default/files/fda_documents/2022075569401%20Sean%20T.%20Sullivan%20CRD%206283466%20Complaint%20vr.pdf

The link to Sean T. Sullivan’s CRD is below.

https://files.brokercheck.finra.org/individual/individual_1459638.pdf