On October 10, 2021, the former LPL FINANCIAL LLP of East Petersburg, PA, broker/financial advisor, MICHAEL MILES HARTLETT (MIKE HARTLETT) CRD#: 1022139, was fined $5,000.00 and suspended for 10 business days (11/15/2021 – 11/29/2021) by the Financial Industry Regulatory Authority (FINRA). Hartlett is currently registered with INTERNATIONAL ASSETS ADVISORY, LLC of East Petersburg, PA.

According to the FINRA report, without admitting or denying the findings, MICHAEL MILES HARTLETT consented to the sanctions and to the entry of findings that he allegedly exercised discretionary trading authority in a client’s accounts without having obtained prior written authorization of the client.

FINRA’s findings stated that MICHAEL MILES HARTLETT was orally granted discretionary trading authority from the client, however he allegedly did not disclose this grant of authority to his member firm. Also, Hartlett allegedly falsely stated in annual compliance questionnaires that he had not exercised discretionary trading authority in any clients’ brokerage accounts.

According to the overview of the FINRA Acceptance, Waiver, and Consent, allegedly from May of 2018 through February of 2020, while associated with LPL Financial, Hartlett allegedly violated NASD Rule 2510(b) and FDQRA Rules 3260(b) and 2010 by exercising discretionary trading authority without having obtained prior written authorization of the customer in a total of 22 trades in three accounts held by the customer at LPL.

According to FINRA’s BrokerCheck, available to the public on FINRA’s website, MICHAEL MILES HARTLETT, has been in the securities industry for 39 years and has been listed with 10 firms. Hartlett has 5 disclosures on his FINRA CRD report.  Of the 5 disclosures, 4 are “Customer Disputes.” Three disputes have settled and one was denied. Hartlett denies any wrongdoing in these disputes.

MICHAEL MILES HARTLETT was previously listed with LPL FINANCIAL LLP of EAST PETERSBURG, PA from 02/14/2018 – 10/21/2021.  Hartlett is currently registered both as a broker and financial advisor with the following firm since October of 2021:

INTERNATIONAL ASSETS ADVISORY, LLC

2013 STATE STREET

EAST PETERSBURG, PA 17520

If you’ve experienced financial losses due to the actions or recommendations of the former LPL FINANCIAL LLP of EAST PETERSBURG, PA, broker/financial advisor, MICHAEL MILES HARTLETT, currently registered with INTERNATIONAL ASSETS ADVISORY, LLC, contact Soreide Law Group and speak to an experienced securities lawyer regarding the possible recovery of your investment losses through a FINRA arbitration at:  888-760-6552.

Soreide Law Group works on a contingency fee basis, no fee to you if no recovery, and represents clients nationwide before FINRA.

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