Kathleen Marie Bott (also known as Kathy Bott) of Spokane Washington a stockbroker formerly employed by DA Davidson Co. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Bott neglected to comply with FINRA when she was under investigation for committing theft. Letter of Acceptance Waiver and Consent No. 2020065552601 (Oct. 2, 2020).
According to the AWC, Bott’s activities became the subject of a FINRA investigation following its receipt of information from DA Davidson in reference to Bott’s February 3, 2020 termination from the securities broker dealer. The regulator learned that Bott’s resignation came after she was alleged to have engaged in theft and was facing charges.
The AWC stated that on February 21, 2020, Bott was asked by FINRA to supply information and documents in response to the accusations against her. This included bank statements and other information that related to the allegations of Bott’s theft. Bott failed to comply.
By March 6, 2020, Bott was supposed to have provided documents and information to FINRA. Two weeks after this deadline, Bott gave an incomplete response to FINRA and had failed to provide bank account statements that the regulator asked for. On August 18, 2018, Bott was asked by FINRA to provide missing information including those bank statements. The stockbroker was provided until August 25, 2020 to comply. She failed to meet that deadline.
The AWC stated that an August 26, 2020 e-mail to FINRA in conjunction with an August 27, 2020 phone call had suggested that Bott would not hand over any documents or information relating to FINRA’s investigation into her activities. The stockbroker’s conduct was violative of FINRA Rules 2010 and 8210.
Bott was registered with DA Davidson between April 24, 1999 and February 3, 2020.
