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Broker Barred for Borrowing $300k from Clients

By Tom Costello of Costello Law Group  A former Morgan Stanley broker, Jeffrey Hunter Smith, was barred from the securities industry by FINRA for borrowing money from clients. Smith was registered with Morgan Stanley from 2009 to 2015. During his time there, Smith borrowed $300,000 from two clients without any written approval or […]

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Middle River Man Barred from the Securities Industry

By Tom Costello of Costello Law Group Michael Roger Griffith of Middle River, Maryland was barred from the securities industry by the Financial Industry Regulatory Authority (FINRA). Griffith was accused of allegedly submitting an unauthorized life insurance application and setting up unauthorized automatic withdrawals from the customer’s bank account to fund the policy. […]

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