{"id":11837,"date":"2026-01-06T14:55:42","date_gmt":"2026-01-06T19:55:42","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=11837"},"modified":"2026-01-06T14:55:42","modified_gmt":"2026-01-06T19:55:42","slug":"donald-franklin-spivey-barred-for-refusing-to-appear-for-on-the-record-testimony","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/donald-franklin-spivey-barred-for-refusing-to-appear-for-on-the-record-testimony\/","title":{"rendered":"Donald Franklin Spivey Barred For Refusing To Appear For On-the-Record Testimony"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-11838 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/01\/Blog-Graphics18.png\" alt=\"Camden, South Carolina 2025\u00a0\u2013 Donald Franklin Spivey (CRD#: 847360), a financial broker with 45 years of experience, has been barred from the securities industry after refusing to appear for on the record testimony requested by FINRA. The testimony was part of an investigation into whether certain recommendations he made were suitable for, or in the best interests of his clients.\n\nSpivey worked at Carter, Terry &amp; Company, Inc. for 18 years at the time of this event and had no prior customer complaints. According to the findings, he initially cooperated with FINRA\u2019s investigation but later stopped doing so. Without admitting or denying the findings, Spivey consented to the sanction and signed an Acceptance, Waiver and Consent, which formally documents his refusal to testify.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/01\/Blog-Graphics18.png 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/01\/Blog-Graphics18-180x120.png 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Camden, South Carolina 2025\u00a0\u2013 Donald Franklin Spivey (<a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/847360\" target=\"_blank\">CRD#: 847360<\/a>), a financial broker with 45 years of experience, has been barred from the securities industry after refusing to appear for on the record testimony requested by FINRA. The testimony was part of an investigation into whether certain recommendations he made were suitable for, or in the best interests of his clients. <a href=\"https:\/\/www.silverlaw.com\/blog\/donald-franklin-spivey-barred-for-refusing-to-appear-for-on-the-record-testimony\/#more-11837\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Camden, South Carolina 2025\u00a0\u2013 Donald Franklin Spivey (CRD#: 847360), a financial broker with 45 years of experience, has been barred from the securities industry after refusing to appear for on the record testimony requested by FINRA. The testimony was part of an investigation into whether certain recommendations he made were suitable for, or in the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[577,580],"tags":[],"class_list":["post-11837","post","type-post","status-publish","format-standard","hentry","category-finra-disciplinary-actions","category-stockbroker-misconduct"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Donald Franklin Spivey Barred By FINRA<\/title>\n<meta name=\"description\" content=\"Donald Franklin Spivey, a financial broker with 45 years of experience, has been barred from the securities industry.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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