You may have read that Vonna Kay Husby of Fairbanks, Alaska was permanently barred by the Financial Industry Regulatory Authority (“FINRA”) from working in the securities industry because she failed to comply with FINRA Rule 8210.
Do You Need a FINRA 8210 Defense Attorney?
Vonna Kay Husby was registered with Raymond James Financial Services, Inc. from 2003 until 2019, when they filed a Uniform Termination Notice (Form U5) disclosing that she had been discharged due to alleged misconduct. According to findings, FINRA sent a request to Husby for information and documents in connection with their investigation into whether she served as Power of Attorney and opened an undisclosed bank account that she co-owned with the customer. The findings state that Husby initially cooperated but ceased in doing so when she responded to FINRA through email stating that she allegedly received, acknowledged, and refused to provide the requested documents. Although Vonna Kay Husby is no longer registered or associated with a FINRA member firm, she remains subject to FINRA’s jurisdiction and sanctions.
FINRA Rule 8210(a)(1) states, in relevant part, that FINRA may “require a…person associated with a member, or any other person subject to FINRA’s jurisdiction, to provide information orally, in writing, or electronically…and to testify at a location specified by FINRA staff…with respect to any matter involved in [a FINRA] investigation.” FINRA Rule 8210(c) states that no person shall fail to provide information or testimony…pursuant to this Rule.” A violation of FINRA Rule 8210 is also a violation of FINRA Rule 2010, which requires associated persons, in the conduct of their business, to “observe high standards of commercial honor and just and equitable principles of trade.”
Unfortunately, Vonna Kay Husby 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 Fairbanks, Alaska 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 FINRA defense skills are highly regarded throughout Alaska 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 Alaska citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889, or via e-mail.