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September 29, 2013
Broker Barred by FINRA for Churning

Sean Francis Sheridan has been barred by FINRA for alleged excessive trading, also know as churning. FINRA's investigation found that he executed 205 excessive mutual fund trades with eight customer’s from January, 2007, through December, 2009. Sheridan effected these trades on a short-term basis of approximately four to five months, increasing customer losses while also […]

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