David Arthur Jenson of Amarillo Texas a stockbroker formerly registered with Great Nation Investment Corporation has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he neglected to cooperate with a FINRA investigation concerning his potential unsuitable church bond recommendations to customers. Letter of Acceptance Waiver and Consent No. 2019060783601 (Jan. 22, 2021).

According to the AWC, an investigation into Jenson’s church bond recommendations ensued in 2020 so that the regulator could determine whether those recommendations were unsuitable and whether they caused investors’ accounts to be overconcentrated in those investments. On December 18, 2020, Jenson was asked to provide documents and information to FINRA for this reason.

FINRA received a phone call from Jenson on December 18, 2020. Jenson indicated that he would not be providing documents or information. FINRA determined that Jenson’s refusal to cooperate in the investigation constituted the violation of FINRA Rules 2010 and 8210.

Jenson was registered with Great Nation Investment Corporation between September 20, 2006 and December 31, 2020.

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