Larry Joe Templin of Temple Texas a stockbroker formerly employed by Centaurus Financial Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to produce documentation and information for FINRA in its investigation into accusations of Templin’s bank fraud. Letter of Acceptance Waiver and Consent No. 2018058711201 (Oct. 11, 2018).
According to the AWC, FINRA launched an investigation into Templin’s conduct after Templin had been terminated by Centaurus Financial Inc. The firm apparently discharged Templin on May 31, 2018, reporting to FINRA via Form U5 that Templin allegedly committed bank fraud.
Templin was apparently sent written correspondence from FINRA personnel on July 2, 2018, in which FINRA sought for Templin to provide information to the regulator about the accusations cited by Centaurus. FINRA stated that between July 10, 2018 and August 23, 2018, there were three occasions in which Templin’s counsel stated that Templin would not respond to FINRA’s request.
The AWC stated that on those dates, Templin’s counsel stated that Templin was cognizant of FINRA’s request for his information, but that Templin refused to provide FINRA with information. FINRA found Templin’s conduct violative of FINRA Rules 2010 and 8210.
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