Alex Williams (CRD# 2646185), a broker and investment adviser based in New York, has received a pending customer complaint. According...Read More
James McKinney: FINRA Bars Tulsa Cetera Advisors Broker
James McKinney (CRD# 2100850), formerly a representative of Cetera Advisors in Tulsa, Oklahoma, has been sanctioned by the Financial Industry Regulatory Authority (FINRA) in connection to allegations he failed to comply with an investigation into his potential involvement in undisclosed private securities transactions. He has been barred from associating with FINRA member firms.
According to a Decision (No. 2018057829001) dated February 2020, James McKinney was associated with Cetera Advisors from September 2012 until 2019; he was registered as an investment company and variable contracts products representative, a general securities representative, and a corporate securities representative. In March 2018, FINRA initiated an investigation into whether he engaged in undisclosed private securities transactions, an investigation that later expanded to concern whether he failed to timely disclose two tax liens. In connection with this investigation, FINRA sent him a request on July 12, 2019 to provide documents and information connected to the investigation. When he did not respond to that request, FINRA sent a second request on August 15, 2019, to which he again did not respond. On July 26, 2019, FINRA sent him a request to appear and provide on-the-record testimony on August 29, 2019. After he did not appear, FINRA sent a second request on September 9, 2019 to provide testimony on September 18, 2019, and he again did not appear. FINRA states that these failures to provide information, documents, and testimony constituted violations of FINRA Rules 8210 and 2010. As a result of the foregoing alleged conduct, he was barred from associating with any FINRA member firm in any capacity.
James McKinney is currently not registered as a broker. His previous registrations include Cetera Advisors and Securian Financial Services in Tulsa, Oklahoma. He has passed five securities industry qualifying examinations and his BrokerCheck report lists zero state securities licenses. (Information current as of May 28, 2020.)