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 authorization. During FINRA’s investigation of the wrongdoing, Smith refused to comply with their requests for documents.