Jeremy Dillon Baldwin, formerly associated with Brokers International Financial Services LLC in Edmond, Oklahoma, was sanctioned by Financial Industry Regulatory Authority (FINRA) for engaging in unauthorized outside business activities and falsifying firm records. Letter of Acceptance, Waiver and Consent (AWC) No. 2022077410701.
According to the AWC, between August 2017 and August 2022, Baldwin acted as an investment advisor for a 401(k) plan without providing the required prior written notice to his employer, violating FINRA Rule 3270. Baldwin received compensation for his services, including assisting with employee enrollments and facilitating communication between the plan sponsor and the 401(k) provider. During this time, Baldwin falsely stated on annual compliance questionnaires that he had no undisclosed outside business activities.
Additionally, in March 2018 and April 2019, Baldwin completed and submitted compliance questionnaires on behalf of another registered representative. This gave the misleading impression that the other representative had personally reviewed and signed the forms.
Without admitting or denying the allegations, Baldwin consented to FINRA’s findings and sanctions. On October 4, 2024, FINRA imposed a five-month suspension barring Baldwin from associating with any FINRA member firm in all capacities, effective from October 7, 2024, through March 6, 2025. Baldwin was also fined $7,500.
Baldwin was most recently registered with Brokers International Financial Services LLC, where he worked from August 2017 until December 2022.
