John Mark Molskness of Carmel, Indiana, a stockbroker registered with Valic Financial Advisors Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Molskness failed to respond to FINRA’s request for information. Letter No. 2021070932001 (September 6, 2022).
Based on FINRA Suspension Notices sent on June 1 and June 27, 2022, Molskness was banned from working with any FINRA member in any role, effective September 6, 2022. Molskness didn’t ask to end his stockbroker suspension no later than three months from the day of the Suspension Notice.
Public Disclosure shows that Molskness was also referenced in a customer initiated investment related complaint that was settled on September 27, 2021, for $41,035.25 in damages based upon allegations that Molskness engaged in unauthorized trading during the time that Molskness was associated with Valic Financial Advisors Inc.
Molskness was associated with Valic Financial Advisors Inc. as a stockbroker between November 10, 2011, to April 1, 2021. On March 10, 2021, Valic Financial Advisors Inc. discharged Molskness based upon allegations that Molskness failure to forward checks received from a customer.
