Maureen Ann Scalzo (also known as Maureen Ann Hunt) of Danbury Connecticut a stockbroker formerly registered with Benjamin F. Edwards Company Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Scalzo refused to make an appearance and provide recorded testimony before FINRA personnel during an investigation into her potential falsification of customer account documentation. Letter of Acceptance Waiver and Consent No. 2018059088001 (Oct. 10, 2019).
According to the AWC, as part of FINRA’s investigation into Scalzo’s activities, the stockbroker was instructed to provide recorded testimony. Scalzo was being evaluated by FINRA personnel to ascertain whether customer account documentation had been altered or otherwise falsified by Scalzo for purposes of executing transactions. FINRA received a letter dated July 19, 2019 which indicated that Scalzo would not provide recorded testimony in the investigation into her activities. Scalzo’s refusal to cooperate constituted violations of FINRA Rules 2010 and 8210 resulting in the stockbroker being barred in all capacities.
This is not the first time that Scalzo has been accused of altering documentation. In particular, FINRA Public Disclosure confirms that Scalzo has been terminated from prior securities broker dealer, Wells Fargo Advisors, LLC, founded on accusations that information had been altered on customer documentation which violated the securities broker dealer’s procedures and policies.
