FINRA Bars Edric McSween

Soreide Law Group is investigating possible investor claims against securities broker Edric Michael McSween [CRD: 2080810, Naples, Florida]. Notably, FINRA sanctioned the securities broker, who worked for Ameriprise Financial Services LLC. Allegedly, McSween failed to provide information and documents to FINRA when it investigated possible violations of FINRA rules. Here is a brief summary of FINRA’s allegations against McSween.

FINRA Bars Ameriprise Financial Services LLC Securities Broker Edric McSween For Failure To Provide Information

Specifically, on May 10, 2022, FINRA issued Case: 2021070837001, which contains sanctions against Edric Michael McSween for infractions. Notably, McSween was barred as a securities broker. Mainly, FINRA alleged that McSween failed to provide information and documents to FINRA when it investigated possible violations of FINRA rules.

Namely, FINRA says that on March 15, 2022, FINRA sent McSween a request seeking the production of information and documents concerning allegations that McSween participated in undisclosed outside business activities during the time he was associated with Ameriprise Financial. On April 26, 2022, McSween indicated to FINRA staff that he had received the request but would not provide the information and documents at any time. As a result, McSween violated FINRA Rules 2010 and 8210.

Ameriprise Financial Services LLC Terminates Registration Of Securities Broker

Particularly, on February 26, 2021, Ameriprise Financial Services LLC terminated the registration of McSween. Namely, Ameriprise Financial Services LLC alleged that McSween left the firm when it investigated his actions for possible violations of policies relating to business relationships and outside activities.

McSween Employment Information

McSween worked for Ameriprise Financial Services LLC in Naples, FL, as a securities broker from February of 1993 to March of 2021.

Damages Resulting From Ameriprise Financial Services LLC Securities Broker Edric McSween?

Did you sustain damages because of Edric Michael McSween? If so, reach out to Soreide Law Group at (888) 760-6552 and talk with a securities attorney regarding the potential recovery of your investment losses or other damages. Soreide Law Group, who has effectively recovered money for many investors throughout the United States, represents clients on a contingency fee basis and advances all costs. McSween and brokerage firms McSween worked for deny any and all allegations of sales practice violations.