Stephen King Handed FINRA Bar Over Refusal To Testify

FINRA has expelled securities broker Stephen Philip King [CRD: 1590508, Eatontown, New Jersey], according to disclosures on FINRA BrokerCheck. Apparently, King worked for Cantone Research Inc. from November 17, 2014, to September 5, 2023. Keep reading to learn more about King’s regulatory issues.

King Barred By Cantone Over Testimony Refusal

According to a regulatory action by FINRA, Stephen King was barred from associating with any FINRA member firm as of December 2, 2024. The action followed King’s refusal to appear for testimony during a FINRA investigation related to Cantone Research Inc.’s recommendations involving low-priced securities. FINRA Rule 8210 requires registered individuals to cooperate fully with regulatory investigations, including by providing testimony when requested.

Steven King Violated Rule 8210

FINRA had contacted King on October 22, 2024, to appear for on-the-record testimony. King acknowledged the request but informed FINRA via email and phone that he would not comply. This led FINRA to determine that King violated both Rule 8210 and Rule 2010. As a result, King consented to the imposition of a permanent bar through a Letter of Acceptance, Waiver, and Consent (AWC). This bar prohibits King from associating with any FINRA member in any capacity.

Did You Make Investments Through Securities Broker Stephen King?

Are you looking for more information about Stephen King? If so, reach out to Soreide Law Group online or at (888) 760-6552 and speak with a securities lawyer. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. King and brokerage firms King worked for deny accusations of sales practice violations.