Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Brewster (Brewster), currently associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one tax lien, alleging that Brewster recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on December 09, 2024.
Without admitting or denying the findings, Brewster consented to the sanctions and to the entry of findings that he instructed his sales assistant to use his member firm login credentials to complete 15 firm-required online compliance training modules on his behalf, which totaled over five training hours.
