FINRA’s Department of Enforcement initiated an investigation into Guin’s alleged misconduct concerning possible mishandling of a non-firm customer’s funds. Specifically, FINRA investigated whether Guin misappropriated funds from a customer account. In connection with this investigation, FINRA sent Guin a request to produce documents and information. According to FINRA, Guin acknowledged receipt of FINRA’s Rule 8210 requests; yet she failed to cooperate with FINRA’s investigation.
Based upon the foregoing alleged misconduct, FINRA asserted Guin violated FINRA Rules 2010 and 8210. Specifically, FINRA Rule 8210 authorizes FINRA, in the course of its investigations, to require persons associated with a FINRA member to “provide information orally, in writing, or electronically . . . with respect to any matter involved in the investigation...” Here, Guin failed to provide testimony in response to FINRA’s request, thereby violating FINRA Rule 8210.
Lufrano Law, LLC is a national securities litigation firm and has experience representing investors who have investment disputes with brokers and broker-dealers. If you suffered investment damages with Guin while she was employed by JP Morgan, you may be able to recover your losses through FINRA arbitration. Our firm only receives a fee if you recover money. Please contact one of our attorneys at (800) 627-2179 to schedule a free consultation.