You may have read that James Kenneth Couture of Bellingham, Massachusetts was permanently barred by the Financial Industry Regulatory Authority (“FINRA”) from working in the securities industry because he failed to comply with FINRA Rule 8210.
In February 2009, James Kenneth Couture joined LPL Financial LLC and was registered as a General Securities Representative. The firm later filed a Uniform Termination Notice (Form U5) in July 2020, disclosing that he had been discharged due to alleged misconduct. According to the findings, FINRA began an investigation regarding allegations by LPL stating that Couture allegedly altered information, balances and distributions in customer account statements and commingled funds all through an unapproved email address. The findings state that FINRA sent a request to Couture for documents and information on three separate occasions that he allegedly received, acknowledged, and refused to produce. Although Couture is no longer associated with a FINRA member firm he remains subject to FINRA’s jurisdiction.
Do You Need a FINRA 8210 Defense Attorney?
FINRA Rule 8210 requires “a member, person associated with a member, or any other person subject to FINRA’s jurisdiction to provide information orally, in writing, or electronically (if the requested information is, or is required to be, maintained in electronic form) and to testify at a location specified by FINRA staff, under oath or affirmation administered by a court reporter or a notary public if requested, with respect to any matter involved in the investigation, complaint, examination, or proceeding.”
Unfortunately, James Kenneth Couture might have avoided that FINRA 8210 bar from the securities industry with a skilled and experienced FINRA 8210 defense attorney. It is important, early on, to have a FINRA defense attorney advise you on how not to make matters worse and resolve the dispute with the least amount of sanctions which could range from censures to fines, suspensions, permanent bars, and/or referrals to federal or state prosecutors. You will need an experienced FINRA defense lawyer who not only has knowledge of FINRA rules and procedures, the securities laws and the appropriate sanction for the alleged misconduct but also has an excellent reputation and credibility with the FINRA attorneys to negotiate the best outcome.
Free Initial Consultation With FINRA 8210 Defense Attorney Serving Financial Advisors Throughout Bellingham, Massachusetts And Nationwide
The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in FINRA securities law matters and works tirelessly to secure the best possible result for you and your case. Attorney Pearce’s FINRAdefense skills are highly regarded throughout Massachusetts and across the nation. For dedicated representation by an attorney with over 40 years of experience and success in all kinds of FINRA disputes serving Massachusetts citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889, or via e-mail.