The following information appeared on FINRA’s website’s ‘Disciplinary Actions, August, 2013.”
Joseph Anthony Carpenter Jr. (CRD #4998111, Registered Representative, Palm Harbor, Florida)
was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Carpenter consented to the described sanction and to the entry of findings that a customer gave Carpenter $5,000 to open and fund a Roth Individual Retirement Account(IRA) at his member firm.
FINRA's findings stated that Carpenter opened the account but failed to fund it. Carpenter improperly kept the funds, converting some for his own purposes, until after the customer complained. The findings also stated that Carpenter reimbursed his member firm, which earlier reimbursed the customer.
(FINRA Case #2011029984102)
According to FINRA's BrokerCheck, Joseph Carpenter was previously registered with FINRA at the following brokerage firms:
WELLS FARGO ADVISORS, LLC
CRD# 19616
CLEARWATER, FL
01/2008 - 11/2011
A. G. EDWARDS & SONS, INC.
CRD# 4
CLEARWATER, FL
03/2006 - 01/2008
MORGAN STANLEY DW INC.
CRD# 7556
PURCHASE, NY
08/2005 - 03/2006
This ends the information obtained on FINRA’s website.
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