Valence Williams Suspended For Unauthorized Trading

Financial Industry Regulatory Authority (FINRA) sanctioned broker Valence Montgomery Williams [CRD: 1389729, New York, New York]. Williams's career includes positions at J.H. Darbie Co. Inc. from July 17, 2018, to December 19, 2023, and at Aegis Capital Corp. from March 23, 2010, to July 18, 2018, both based in New York, NY. Here’s a closer look at the regulatory action taken against him.

FINRA Finds That Williams Made Discretionary Trades Without Authorization

Evidently, FINRA sanctioned Valence Williams in Case: 2021072193101. Notably, FINRA says that Williams, while employed at J.H. Darbie Co. Inc., engaged in discretionary trading. He executed trades in investor accounts without obtaining their written authorization or the firm's acknowledgment of the accounts as discretionary. Williams also inaccurately marked some trades as unsolicited, leading to his firm's records being incorrect. Without admitting or denying the findings, Williams agreed to the sanctions.

Valence Williams Suspended And Fined

On March 14, 2024, Williams entered into an Acceptance, Waiver, and Consent (AWC) agreement, consenting to a five-month suspension across all capacities within the securities industry, spanning from March 18, 2024, to August 17, 2024. Moreover, he was fined $10,000.

Did You Sustain Losses Because Of Williams?

If you've experienced losses because of actions taken by Valence Williams, consider contacting Soreide Law Group online or by calling (888) 760-6552. The firm helps investors with the recovery of investment losses across the United States on a contingency fee basis, advancing all costs. Despite denials of sales practice violations by Williams and his affiliated brokerage firms Including J.H. Darbie Co. Inc., there may be options for recovery.