FINRA Issues Bar To Tyler Delahunt

Soreide Law Group is investigating possible investor claims against securities broker Tyler Dean Delahunt (CRD: 4419594, Atlanta, Georgia). Evidently, FINRA sanctioned the securities broker, who worked for Merrill Lynch Pierce Fenner Smith Incorporated. Allegedly, Delahunt failed to provide information and documents to FINRA when it conducted an investigation. Here is a brief summary of FINRA’s allegations against Delahunt.

Tyler Delahunt Barred By FINRA For Failure To Provide Information

Particularly, on January 25, 2021, FINRA issued Acceptance, Waiver, and Consent No. 2020067348701 sanctioning Tyler Delahunt for infractions. Specifically, Delahunt was barred. Notably, FINRA alleged that Delahunt failed to provide information and documents to FINRA when it conducted an investigation.

On August 31, 2020, Merrill Lynch submitted a formal notice to end Delahunt's registration by filing a document called Uniform Termination Notice for Securities Industry Registration (Form U5). FINRA’s investigation originated from the filing made by Merrill Lynch, namely that Delahunt's employment was terminated due to alleged improper behavior related to soliciting clients for an external investment and engaging in financial arrangements with clients.

Investigation Into Delahunt

FINRA (Financial Industry Regulatory Authority) staff initiated an investigation to determine whether Delahunt engaged in private securities transactions with clients without getting prior approval from Merrill Lynch. They also looked into whether Delahunt had accepted loans or other funds from clients without proper authorization from the firm.

On September 18, 2020, FINRA sent a request to Delahunt, asking him to provide information and documents as per FINRA Rule 8210. During a telephone conference with FINRA staff on December 10, 2020, and as acknowledged in this agreement, Delahunt confirmed that he had received FINRA's request but would not comply with the request to produce the requested information and documents. By refusing to provide the information and documents as requested under FINRA Rule 8210, Delahunt violated both FINRA Rules 8210 and 2010.

Delahunt Employment Information

• Delahunt worked for Merrill Lynch Pierce Fenner Smith Incorporated in Atlanta, Georgia, as a securities broker from October 27, 2016, to August 31, 2020.
  
• Delahunt worked for PFS Investments Inc. in Duluth, Georgia, as a securities broker from April 27, 2016, to October 28, 2016.
  
• Delahunt worked for Raymond James Financial Services Inc. in Alpharetta, Georgia, as a securities broker from May 9, 2011, to April 26, 2016.

Damages Resulting From Merrill Lynch Pierce Fenner Smith Incorporated Securities Broker Tyler Delahunt?

Did you suffer by investing with Tyler Delahunt? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a potential recovery of your losses. Soreide Law Group, who has successfully recovered money for hundreds of investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Delahunt and brokerage firms Delahunt worked for deny any and all allegations of sales practice violations.