Franklin Hamilton Reynolds of Charlotte North Carolina a stockbroker formerly employed by Raymond James Associates Inc. has been discharged by the firm on October 22, 2018 based upon the firm’s allegations that Reynolds engaged in suspicious activities concerning unit investment trusts while associated with the firm.
Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally reveals that a customer initiated investment related complaint regarding Reynolds’ activities was resolved for $8,750.00 in damages on August 21, 2012 based upon accusations that while Reynolds was associated with Citigroup Global Markets Inc., the customer’s funds were allocated in stocks that were not suitable for the customer given the customer’s objectives for investing or risk tolerance.
