Forouzan Pooladi (also known as Forouzan Sharma) of Great Neck New York a stockbroker formerly registered with JP Morgan Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Pooladi refused to cooperate with FINRA personnel when she was investigated for engaging in suspicious transactions including those involving a customer of JP Morgan Securities. Letter of Acceptance Waiver and Consent No. 2019064174601 (Aug. 12, 2020).
According to the AWC, FINRA was made aware from JP Morgan Securities that Pooladi had been terminated from the securities broker dealer based upon accusations that Pooladi violated its policy in part because of the handling of a transaction between a customer’s account. An investigation into Pooladi’s activities was set in motion by FINRA on October 4, 2019 after it received information about the circumstances of Pooladi’s termination.
The regulator at first received cooperation from Pooladi in the investigation but this stopped in July of 2020. Pooladi was sent a request from FINRA on July 1, 2020 which called upon her to provide documentation and information to the regulator in response to its requests made under Rule 8210. The AWC stated that between July 13, 2020 and July 28, 2020, Pooladi made clear for FINRA that she received its request but would not be handing over any documents or information. Pooladi’s refusal to cooperate with FINRA’s investigation constituted the violation of FINRA Rules 2010 and 8210.
Pooladi was employed by JP Morgan Securities LLC between May 24, 2016 and October 4, 2019.
