Donald Joseph Coleman of New York New York a stockbroker formerly employed by Citigroup Global Markets Inc. has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Coleman obstructed a FINRA inquiry into his activities which possibly concerned his termination from Citigroup Global Markets Inc. Case No. 2016049441101 (Dec. 16, 2016).
FINRA Public Disclosure confirms that FINRA suspended Coleman in all capacities on December 16, 2016 following a Notice of Suspension letter being issued to Coleman on November 22, 2016. Apparently, by March 7, 2017, Coleman furnished the information to FINRA or otherwise requested that his suspension be terminated.
Coleman was discharged by Citigroup Global Markets Inc. on May 12, 2016 founded on accusations that he improperly assessed the suitability of a customer who made a security purchase. FINRA may have been inquiring into whether Coleman effected an unsuitable sale of a security in the customer’s investment account.
