Stefan Pastor, a former registered representative with Raymond James Financial Services, Inc. (Raymond James) has been permanently barred by the Financial Industry Regulatory Authority (FINRA) based upon its findings that he gave false information to FINRA during on-the-record (OTR) testimony regarding allegations that he engaged in unauthorized trading.
According to FINRA, Stefan Anton Pastor, of Fort Lauderdale, Florida, provided false information in his OTR testimony to FINRA during an investigation into a customer complaint alleging unauthorized trading. Mr. Pastor falsely claimed that the customer had authorized the trades, and to support his claim, he allegedly provided the customer with sale confirmations, which the firm determined were not authentic. FINRA found that the customer never authorized the trades and that Mr. Pastor did, in fact, provide false trade confirmations to try to prove that he had reversed the unauthorized trades. Continue Reading