Corinne Renae Mittag, of Omaha, Nebraska, was named a Respondent in a Financial Industry Regulatory Authority (FINRA) complaint alleging that she executed numerous unauthorized trades in a customer’s account while employed with BancWest Investment Services, Inc. (BancWest).
According to FINRA’s complaint, an imposter posing as a customer sent emails to Ms. Mittag requesting that she sell securities in order to fund a wire request to a third party. Ms. Mittag allegedly executed the sale of six corporate bond positions and one mutual fund position based upon the imposter’s email. FINRA alleges that at no time prior to submitting the trades did Ms. Mittag contact or attempt to contact the customer by phone, as was required. The complaint further alleges that Ms. Mittag falsely represented to BancWest that she had spoken with the customer by phone in order to process the trades. Continue Reading