Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ishmael Williams (Williams), previously associated with PFS Investments Inc., has at least one disclosable event. These events include one regulatory, alleging that Williams recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint on February 21, 2025.
Williams was named a respondent in a FINRA complaint alleging that he falsely certified to the State of New York that he completed his continuing education (CE) requirements when, in fact, another individual did so on his behalf. The complaint alleges that Williams provided false and misleading responses and testimony to FINRA when he stated that he had personally completed the CE courses and associated exams. The complaint also alleges that Williams failed to provide information and documents requested by FINRA. Williams’ failure to respond to the requests was material to FINRA’s investigation and significantly impeded the completion of FINRA’s investigation into his misconduct.
