A disciplinary action taken by the Financial Industry Regulatory Authority against former Pasadena, California broker and investment advisor Dennis Mehringer...Read More
Joseph Clottey: Georgia Financial Advisor Barred By Regulator
Joseph Clottey of Lawrenceville, Georgia has been barred by the Financial Industry Regulatory Authority (FINRA) as of June 19th, 2018. This comes after his employment was terminated by Merrill Lynch for “making incomplete entries to an internal tracking system of client opportunities, resulting in otherwise unearned compensation.”
Subsequently, FINRA made multiple requests for Clottey to appear on the record for testimony related to its investigation of the matter, but Clottey failed to appear. As a result, FINRA has barred Clottey from working in the securities industry and associating with any FINRA member in any capacity. Therefore, he is no longer associated with any FINRA registered firm.
Clottey had been licensed since 1996, and spent time at twelve different FINRA member firms during his 20 years in the business. He was last registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated from October 2014 to July 2016, when he was terminated. It appears he was last employed with Merrill Lynch’s Merrill Edge platform.
If you believe you lost money or were sold unsuitable investments by Joseph Clottey, you may be entitled to recovery from Merrill Lynch, Pierce, Fenner & Smith Incorporated. Please contact us at 888-976-6111 for a free consultation.