FINRA Bars Ex-Securities America Broker Who Signed Dead Client's Name

Advisor Group and Matthew Fornshell, a partner at the law firm Ice Miller in Columbus, Ohio, who represented Dixon in the matter, did not immediately respond to requests for comment on Thursday.

FINRA started investigating Dixon’s termination in October 2019, it said. On April 1, 2021, FINRA sent Dixon a request for the production of documents pursuant to FINRA Rule 8210.

Dixon acknowledged that he received FINRA’s request but stated he would not produce the documents requested, through his counsel’s statements to FINRA over the phone, in an email to FINRA on April 16, and by the FINRA AWC agreement, it said.

By refusing to produce the documents as requested, Dixon violated FINRA Rules 8210 and 2010 governing standards of commercial honor and principles of trade, according to FINRA. Not producing documents to FINRA when requested is the most common offense leading to a bar from the organization, it reported last year.

Pictured: FINRA building in Philadelphia. (Photo: Adobe Stock)

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