The following information has been obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, September, 2013.”
Bruce Martin Harada (CRD #2324524, Registered Representative, Honolulu, Hawaii)
was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Harada consented to the described sanction and to the entry of findings that he convinced some of his clients to withdraw funds from their securities accounts and write personal checks payable to Harada.
According to FINRA’s investigation, Bruce Harada represented that he would invest the funds in a personal asset management product. However, the product never existed. Instead of investing these funds, Harada converted at least $792,612 to his personal use over a three-year period. Harada failed to respond to FINRA requests for information.
(FINRA Case #2012032670901)
Bruce Martin Harada was previously registered with FINRA at the following brokerage firms:
ING FINANCIAL PARTNERS, INC.
01/2011 – 05/2012
ING FINANCIAL ADVISERS, LLC
01/2007 – 01/2011
FINANCIAL NETWORK INVESTMENT CORPORATION
03/1999 – 12/2006
This ends the information obtained on FINRA’s website.
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