Michael Craig Brickman, of Paramus, New Jersey, a stockbroker registered with Pruco Securities LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Brickman failed to cooperate with a FINRA investigation into allegations that he accepted personal checks from a customer. Letter of Acceptance, Waiver, and Consent No. 2023079254301 (February 23, 2024).
According to the AWC, Pruco Securities filed a Uniform Termination Notice for Securities Industry Registration (Form U5) on August 9, 2023, reporting Brickman’s voluntary termination during Pruco Securities’ investigation into allegations that Brickman accepted personal checks from a customer. This led to FINRA’s investigation, where it reviewed the Form U5 and a claim filed by a Pruco Securities customer against Brickman and the securities broker dealer.
On January 9, 2024, FINRA requested Brickman to provide information and documents under FINRA Rule 8210. However, as confirmed by Brickman’s lawyer on January 26, 2024, Brickman chose not to comply with this request, violating FINRA Rules 8210 and 2010.
FINRA Public Disclosure additionally shows that on June 30, 2023, a customer filed an investment related complaint involving Brickman’s conduct, in which the customer alleged misrepresentations of material fact and unsuitable recommendations in annuities while Brickman was associated with Pruco Securities LLC. The complaint is still pending.
Brickman was associated with Pruco Securities in Paramus, New Jersey from May 25, 2018, to August 9, 2023.
