Jean Connell Hicks of Saint Petersburg Florida a stockbroker formerly registered with Fortune Financial Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Hicks neglected to furnish documentation and information to FINRA personnel when she was under investigation for borrowing from a customer and then failing to repay the funds. Letter of Acceptance Waiver and Consent No. 2019063562901 (July 14, 2020).
According to the AWC, Hicks became the subject of a FINRA investigation when it became aware that a customer who allegedly lent funds to him had not been repaid. The regulator’s Senior Help Line received a call from the customer who indicated that Hicks failed to provide interest payments as required under the terms of a promissory note.
FINRA indicated that Hicks at first honored FINRA’s requests in its investigation. This stopped when Hicks failed to respond to FINRA’s May 29, 2020 request for documentation and information. Hicks’s legal counsel made FINRA personnel aware on June 11, 2020 that Hicks received instructions to hand over documentation and information to FINRA but the stockbroker would not be cooperating with the request. Hicks failed to provide the regulator the documentation and information which constituted the violation of FINRA Rules 2010 and 8210.
Hicks has been registered with Fortune Financial Services since May 3, 2005.