Jay Zornes Of Cambridge Investment Research Inc. Barred By FINRA For Failure To Cooperate

FINRA sanctioned securities broker Jay Deron Zornes [CRD: 4124536, Ironton, Ohio], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Jay Zornes worked for Cambridge Investment Research Inc. from March 5, 2014, to May 19, 2025. See below to learn more about the disclosures involving Jay Zornes.

FINRA Sanctioned Zornes For Noncompliance With Investigation Into Unauthorized Activities

Specifically, on January 13, 2026, FINRA issued Case: 2025086101601 barring Jay Zornes. Notably, FINRA alleged that Zornes refused to provide information, documents, and testimony requested during an investigation concerning whether he used unapproved communication channels to communicate with clients.

Background Of FINRA’s Investigation Into Jay Zornes

According to FINRA, the investigation began after Cambridge Investment Research Inc. filed a Form U5 stating that Zornes was permitted to resign while under investigation concerning the alleged use of unapproved email addresses and an unapproved text messaging number to communicate with clients. FINRA subsequently opened an investigation into the circumstances described in the Form U5 filing.

Alleged Rule Violations

FINRA alleged that it sent requests to Zornes on October 31, 2025, seeking information and documents according to FINRA Rule 8210 in connection with its investigation. According to FINRA, the regulator also requested on November 11, 2025, that Zornes appear for testimony according to FINRA Rule 8210. FINRA stated that Zornes acknowledged receiving the requests but advised the regulator that he would not produce the requested materials or appear for testimony.

According to FINRA, refusing to provide requested information and testimony constituted alleged violations of FINRA Rule 8210 and Rule 2010.

Employment Separation

The records indicate that Cambridge Investment Research Inc. filed a Form U5 reporting that Zornes resigned while under investigation relating to the alleged use of unauthorized communication methods with clients. Specifically, the filing referenced alleged use of unapproved email addresses and an unapproved text messaging number.

Sanctions Imposed Against Jay Zornes By FINRA

As part of the resolution, Zornes consented to a bar from associating with any FINRA member in all capacities. The matter was resolved through a Letter of Acceptance, Waiver, and Consent without Zornes admitting or denying the findings.

Did You Sustain Losses Because Of Securities Broker / Financial Advisor Zornes?

Do you need clarity on any investment losses relating to Jay Zornes? If so, reach out to Soreide Law Group at (888) 760-6552 or online and speak with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for individuals throughout the US. Also, our securities lawyers represent investors on a contingency fee basis and advance all costs. Zornes and brokerage firms Zornes worked for deny accusations of sales practice violations.