Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marc Barton (Barton), currently associated with Newbridge Securities Corporation, has at least one disclosable event. These events include one regulatory event, alleging that Barton recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on August 15, 2024.
Without admitting or denying the findings, Barton consented to the sanctions and to the entry of findings that he reused the signatures of 32 customers on a total of 48 documents, including the signatures of seven customers on twelve documents without the customers’ prior permission. The findings stated that the documents, which included new account applications, money transfer forms, and securities purchase documents, were required books and records of the firm. All of the transactions were authorized and none of the customers complained. In addition, Barton altered six documents after they were signed by six different customers. Barton also falsely attested on annual compliance questionnaires that he had not signed or affixed another person’s signature on a document.
