Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Philip Connors (Connors), previously associated with Monmouth Capital Management LLC, has at least one disclosable event. These events include one tax lien, alleging that Connors recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on October 18, 2023.
Without admitting or denying the findings, Conners consented to the sanction and to the entry of findings that he refused to appear for on-the-record testimony requested by FINRA in connection with its investigation into, among other issues, his role in potential sales practice violations related to the trading in some of his customers’ accounts at his member firms.