Sign of the Financial Industry Regulatory Authority

Jerome Richard Goldstein of New York 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 based on findings that Goldstein failed to cooperate with FINRA’s investigation in which the regulator tried to determine whether Goldstein engaged in unauthorized transactions and violations of JP Morgan Securities’ policy. Letter of Acceptance Waiver and Consent No. 2021071333601 (Aug. 31, 2021).

According to the AWC, on June 8, 2021 and on July 23, 2021, Goldstein was asked by FINRA to provide documents and information so that it could evaluate why Goldstein had been terminated from JP Morgan Securities. The AWC indicates that on May 7, 2021, the securities broker dealer relayed to FINRA that Goldstein was terminated on April 28, 2021 for allegedly violating the policy of the firm. JP Morgan Securities noted that the policy violations concerned his personal finances and withdrawals that fell just short of currency transaction reporting thresholds.

Goldstein retained a lawyer following his receipt of FINRA’s requests. FINRA was made aware from Goldstein’s lawyer on August 4, 2021 that Goldstein would not cooperate with the investigation. There was no point in which Goldstein provided the documents and information that the regulator requested during its investigation into his activities. Goldstein was barred as stockbroker for violating FINRA Rules 2010 and 8210.

Goldstein was registered with JP Morgan Securities between August 17, 1983 and April 28, 2021.