August 16, 2019

SARA WILHITE Barred By FINRA

finra bars broker from soreide law group

PFS Securities Broker SARA WILHITE Barred By FINRA

The Financial Industry Regulatory Authority (“FINRA”) announced February 20, 2018 that it barred PFS Investments Inc. securities broker Sara Wilhite (CRD#: 6624861, Vista, CA). Evidently, the sanction comes after FINRA suspended Wilhite for failing to provide FINRA with information in an inquiry or investigation. Here's more on the allegations against Wilhite:

Sara Wilhite Potentially Engaged In Outside Business Activities

FINRA indicated that Sara Wilhite’s lack of cooperation stems from requests FINRA made of her in 2017. Apparently, PFS Investments Inc. disaffiliated with Wilhite in August 11, 2017. PFS indicated that Wilhite engaged in undisclosed and unauthorized outside business activities, which if true, suggest violations of FINRA Rules.
Namely, FINRA Rule 3270 holds that securities representatives are not allowed to engage in active outside work arrangements unless their securities broker dealer knows. So, securities representatives cannot be employees, or be paid for services, when those activities are outside the securities representative’s scope of employment with their securities firms – unless the securities representative discloses those activities.

Sara Wilhite Fails To Respond To FINRA Request For Information

It appears that FINRA asked Sara Wilhite questions about her outside business activities or some other pressing matter. However, Wilhite did not respond. Because of this, FINRA suspended her on December 11, 2017. FINRA apparently permitted Wilhite to request termination of her suspension. However, this likely necessitated Wilhite producing information that FINRA asked for. Evidently, FINRA barred Wilhite February 20, 2018 for failing to respond. As a result, Wilhite cannot, under any circumstances, act as a broker or associate with a broker-dealer.

Investment Loss Lawyers

Lars Soreide Highest Ethical Standard Award 2018
Lars Soreide Highest Ethical Standard Award 2018

Have you experienced losses by investing with securities broker Sara Wilhite? If so, contact Soreide Law Group at (888) 760-6552 and speak with experienced counsel about a possible recovery of your investment losses. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The law firm has recovered millions of dollars for clients who have suffered losses due to misconduct of brokers and brokerage firms.

S H A R E   T H I S   P O S T

Recent Posts

October 13, 2026
Zachary Green Involved In Merit Financial Advisors Client Dispute Re: Omissions

Zachary Cuyler Green, also known as Zach Green (CRD: 5714566), is a securities broker based in Raleigh, North Carolina. A client has claimed investment losses in a complaint involving Green, according to Financial Industry Regulatory Authority (FINRA) BrokerCheck. Green worked with Merit Financial Advisors since May 8, 2025, and Purshe Kaplan Sterling Investments since May […]

October 13, 2026
Adam Taff Of MML Investors Services Named In Client Complaint Over Life Insurance Financing

Adam T. Taff, also known as Adam Taff (CRD: 5933315), is a securities broker and financial advisor in Charlotte, North Carolina. He has been registered with MML Investors Services LLC as a broker since July 26, 2011, and as a financial advisor since November 30, 2012. Taff disclosed a client complaint involving alleged investment losses, […]

October 13, 2026
Donald Robbins Of MML Investors Services Faces Client Complaint Over Premium Financing

Investors might have sustained losses due to securities broker Donald Paul Robbins [CRD: 4364668, Waxhaw, North Carolina], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Robbins has been registered with MML Investors Services LLC as a broker since April 8, 2016, and as a financial advisor since April 12, 2016. Keep reading […]

Contact us Nationwide USA
2401 E. Atlantic Blvd., Suite 305, Pompano Beach, FL 33062
Helping clients recover money across the USA
search
Copyright © 2026 Soreide Law Group, PLLC  |  All Rights Reserved