Scott Alexander Markle of Anchorage Alaska a stockbroker formerly employed by HD Vest Investment Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by accusations that Markle failed to comply with FINRA’s information request. Case No. 2017055286001 (Jan. 12, 2018).
FINRA Public Disclosure confirms that FINRA personnel requested information from Markle in 2017; however Markle failed to respond to its requests. FINRA issued a Notice of Suspension that was sent to Markle on October 9, 2017, followed by a Suspension from Association letter which was sent to Markle on November 2, 2017.
During the time Markle was suspended, FINRA apparently warned him that his continued resistance to FINRA’s requests could be met with a bar from the securities industry. Markle was apparently provided until January 11, 2018 to cooperate. Since he failed to do so, FINRA barred Markle in all capacities on January 12, 2018.
HD Vest Investment Services discharged Markle on August 14, 2017 founded on allegations that Markle neglected to cooperate with the firm’s home office requests regarding securities transactions that Markle possibly executed and any outside business activities he engaged in without informing the firm.
This is not the first time that Markle was terminated from a brokerage firm based on accusations of misconduct. In particular, Markle was employed with LPL Financial LLC between December 17, 2014 and October 7, 2016, at which point he was discharged founded on allegations that he failed to provide LPL’s compliance department with documentation or information.
