From January 2019 to August 2023, Avantax failed to establish and maintain a supervisory system, and failed to establish, maintain, and enforce written supervisory procedures (WSPs), reasonably designed to achieve compliance with FINRA Rule 2090, which requires member firms to use “reasonable diligence” to determine “the essential facts concerning every customer and concerning the authority of each person acting on behalf of such customer.” Specifically, with respect to accounts established under the Uniform Gifts to Minors Act or the Uniform Transfers to Minors Act (collectively, UTMA Account

Between February and August 2020, while registered with FINRA through an association with State Farm, Lindner participated in a private securities transaction with a customer without providing prior notice to his firm. As a result, Lindner violated FINRA Rules 3280 and 2010. Lindner is suspended for four months in all capacities and fined $5,000...

Between May 2018 and June 2024, JPMS violated MSRB Rule G-32 by submitting inaccurate and incomplete Form G-32 filings to the MSRB’s Electronic Municipal Market Access System (EMMA) in connection with 718 primary offerings of municipal securities.