Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jessica Jung (Jung), currently associated with Aegis Capital Corp., has at least one disclosable event. These events include one tax lien, alleging that Jung recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on November 07, 2024.
Without admitting or denying the findings, Jung consented to the sanctions and to the entry of findings that he caused his member firm to maintain inaccurate books and records by mismarking order tickets in the firm’s electronic order entry system for separate customer accounts relating to the purchase and/or sale of a speculative security. The findings stated that had the tickets been marked correctly, the transactions would not have been permitted by the firm. One of the affected customers later complained after losing approximately $300 on one of the trades and was reimbursed by the firm. None of the other customers complained and Jung did not earn any commissions on any of the trades at issue.
