Suspended

The New Jersey broker is also reported to have lied about his actions

Jeffrey Marc Grayson was recently suspended by the Financial Industry Regulatory Authority (FINRA) after an investigation found that he exercised discretion in four customer accounts without written approval from the customers. In addition, Grayson reportedly did not get permission from his member firm and he is alleged to have lied about his use of discretion on compliance documents.

Grayson didn’t admit or deny the finding, but he accepted FINRA’s two-month suspension, along with a $10,000 fine.

Broker Li Lin Hsu Suspended by Request of FINRA on silverlaw.com

Sales practice violations, misconduct and failure to respond to a FINRA request for information lead to suspension

Formerly registered with Ameriprise Financial in California, ex-broker Li-Line Hsu was recently suspended by the Financial Industry Regulatory Authority (FINRA). He was suspended under Rule 9552 which was failure to keep information current or to provide information.

Individuals who are subject to FINRA’s jurisdiction are responsible for providing testimony, data, reports, materials or information that has to be filed with the government agency. Individuals also responsible for keeping their supporting documents and membership applications current.

Articles Tagged with Suspended

Jeffrey Marc Grayson Suspended After Allegations of Discretionary Trading

The New Jersey broker is also reported to have lied about his actions

Broker Li Lin Hsu Suspended by Request of FINRA

Sales practice violations, misconduct and failure to respond to a FINRA request for information lead to suspension