Investors potentially experienced losses due to securities broker Mark Gilbert Beesley [CRD: 5362689, Boston, Massachusetts], according to disclosures on FINRA BrokerCheck. Beesley was employed by Wood (Arthur W.) Company Inc. from August 24, 2021, to April 17, 2023, and previously worked for LPL Financial LLC from March 11, 2019, to November 4, 2020. Keep reading to learn more about the disclosures concerning Beesley.
FINRA Sanctioned Beesley for Testimony Refusal
Particularly, on October 17, 2024, FINRA issued Case No. 2023079291701, sanctioning Mark Beesley. FINRA alleged that Beesley refused to appear for testimony requested in connection with an investigation concerning whether he had engaged in undisclosed outside business activities (OBAs). Under FINRA Rule 8210, stockbrokers must comply with requests for information and testimony. However, despite FINRA’s formal request and communication with his lawyer, Beesley refused to appear.
Rule 8210 Violation by Mark Beesley
As a result, FINRA found that Beesley violated both FINRA Rule 8210 and Rule 2010. Consequently, FINRA imposed a permanent bar, effectively prohibiting him from working in the securities industry in any capacity.
Did You Make Investments Through Securities Broker Beesley?
Are you looking for more information about Mark Beesley? If you incurred losses, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a possible recovery. Soreide Law Group has recovered losses for investors throughout the country, represents clients on a contingency fee basis, and advances all costs. Beesley and the brokerage firms he worked for deny accusations of sales practice violations.
