Securities Fraud Blog
FINRA recently issued a Letter of Acceptance, Waiver, and Consent relating to J.P. Morgan broker Edward Turley from San Francisco, California that resulted in Mr. Turley being barred from the securities industry by FINRA.
The letter alleges that Mr. Turley has been registered with J.P. Morgan Securities LLC since 2009, and that he was terminated by J.P. Morgan in 2021 for “[l]oss of confidence concerning adherence to firm policies and brokerage order handling requirements.” According to FINRA, Mr. Turley has had five FINRA multi-million dollar arbitrations filed in 2020 – 2021 relating to allegations regarding sales practice violations and unsuitable trading. One of these resulted in an arbitration award.
Mr. Turley apparently refused to provide on the record testimony to FINRA in response to a Rule 8210 Request.
Investors who lost money as a result of wrongful conduct (including unsuitable trades, unauthorized trades, or churning) at J.P. Morgan or other firms should contact securities attorney W. Scott Greco for a free consultation about your potential case. Greco & Greco, Securities Fraud Lawyers, represent harmed investors across the country in cases against their financial advisors and firms.