Soreide Law Group, (888) 760-6552 obtained the following summation of information from FINRA’s website, listed under “Disciplinary and Other FINRA Actions, July, 2015.”
John Michael Bannon (CRD #1062813, Waxhaw, North Carolina)
was barred by FINRA for failing to appear for a FINRA-requested interview involving an investigation into allegations in a civil complaint that John Bannon converted at least $74,000 in client funds.
Also, FINRA was investigating, among other things, Bannon’s failure to disclose unsatisfied liens and judgments on his Uniform Application for Securities Industry Registration or Transfer (Form U4), potential undisclosed and unapproved outside business activities, and an action filed by the Illinois Secretary of State Securities Department.
(FINRA Case #2013037771802)
John Michael Bannon was previously registered with the following firms:
09/2009 – 07/2013 AUSDAL FINANCIAL PARTNERS, INC. (CRD# 7995) – WAXHAW, NC
03/1985 – 09/2009 WATERSTONE FINANCIAL GROUP, INC. (CRD# 10078) – CHICAGO HEIGHTS, IL
09/1983 – 03/1985 RESOURCE DEVELOPMENT INTERNATIONAL, LTD. (CRD# 8435) – SCHAUMBURG, IL
09/1982 – 01/1984 AMERICAN CAPITAL FINANCIAL SERVICES, INC. (CRD# 146)
This ends the summation of information from FINRA’s website.
Soreide Law Group represents investors nationwide before the Financial Industry Regulatory Authority (FINRA) and can be reached at 888-760-6552.