Thomas Vigil, a General Securities Representative formerly employed with the Warwick, Rhode Island branch of Signator Investors, Inc. (Signator) and the Westboro, Massachusetts branch of MetLife Securities, Inc. (MetLife), submitted a Letter of Acceptance, Waiver, and Consent in which he consented to, but did not admit to or deny, the Financial Industry Regulatory Authority’s (FINRA) findings that he impersonated a customer to obtain an annuity surrender form, falsified account documents, and forged a customer’s signature all without the customers’ knowledge or consent. Mr. Vigil consented to the sanctions described below.
FINRA’s findings state that while employed by Signator, Thomas A. Vigil, of Saunderstown, Rhode Island, falsified a 403(b) rollover form for one of his customers by whiting out the date from an earlier, validly signed form and writing in the current date. Mr. Vigil allegedly did this without the customer’s knowledge or consent. Furthermore, Mr. Vigil allegedly forged the signature of another customer on a change of broker-dealer form without the customer’s knowledge or consent. In both instances, FINRA found that Mr. Vigil, when asked about the falsified documents, initially denied the actions, but later acknowledged the misconduct. FINRA also found that while employed by MetLife Securities, Mr. Vigil impersonated a customer on a call to an insurance company to obtain an annuity surrender form. Continue reading →