EJIRO O OKUMA Barred by FINRA and SEC

EJIRO ODE OKUMA (EJ ODE OKUMA, EJIRO O OKUMA) was barred by the SEC from acting as a broker or investment advisor or otherwise associating with firms that sell securities or provide investment advice to the public. Also, FINRA barred EJIRO O OKUMA from acting as a broker or otherwise associating with a broker/dealer firm. OKUMA was listed with EQUITABLE ADVISORS of Atlanta, Georgia from 05/05/2023 - 06/20/2025 and with EDWARD JONES of Atlanta, Georgia from 05/07/2010 - 05/08/2023.

According to the “Regulatory” report from FINRA’s BrokerCheck dated 2/25/2026, initiated by the UNITED STATES SECURITIES AND EXCHANGE COMMISSION (SEC), EJIRO O OKUMA was permanently barred.  The allegations were, “The Securities and Exchange Commission deems it appropriate and in the public interest that public administrative proceedings be, and hereby are, instituted. In anticipation of the institution of these proceedings, Respondent has submitted an Offer of Settlement which the Commission has determined to accept. On the basis of this Order and Respondent's Offer, the Commission finds that on February 18, 2026, a final judgment was entered by consent against Okuma, permanently enjoining him from future violations of Section 17(a)(1) of the Securities Act of 1933, Section 10(b) of the Exchange Act and Rules 10b-5(a) and (c) thereunder, and Sections 206(1) and 206(2) of the Advisers Act, as set forth in the judgment entered in Civil Action Number 1:26-CV-561, in the United States District Court for the Northern District of Georgia. The Commission's complaint alleged that, between 2022 and 2025, Okuma misappropriated more than $9 million from an elderly client who relied almost exclusively on Okuma for all financial matters. In doing so, and while acting as an investment adviser, Okuma engaged in a variety of conduct which operated as a fraud and deceit on his client.”

The “Regulatory” dated 12/19/2025 initiated by FINRA, also permanently bars EJIRO O OKUMA. The allegations were, “Without admitting or denying the findings, Okuma consented to the sanction and to the entry of findings that he refused to provide information and documents requested by FINRA in connection with its investigation into whether he converted funds of an elderly customer.”

According to FINRA’s BrokerCheck, available to the public on FINRA’s website, EJIRO O OKUMA has been in the securities industry for 15 years and has been listed with 2 firms. OKUMA has 5 disclosures on his FINRA CRD report. Two are “Regulatory” disclosures barring him from the industry, one is a “Civil” disclosure sanctioning him $9,025,424.89, one is an “Employment Separation after Allegations,” allowing him to resign from EQUITABLE ADVISORS, LLC, and one is a pending “Customer Dispute” requesting $9,143,000.00 in damages with the allegations of, “Claimant alleges registered representative took control of Claimant's accounts converting funds to systemically enrich himself and a family member.”

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