Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Halfen (Halfen), previously associated with Ef Hutton LLC, has at least one disclosable event. These events include one tax lien, alleging that Halfen recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on October 30, 2024.
Without admitting or denying the findings, Halfen consented to the sanctions and to the entry of findings that he failed to obtain written consent to maintain an outside securities account and failed to inform the firm at which the account was held of his association with his member firm. Before disclosing the outside account to his firm, Halfen had submitted three annual affirmations that falsely stated that he had been abiding by his firm’s prohibition against undisclosed outside accounts.
