Joseph Glenn Pratte of Riverside California a stockbroker formerly registered with Signator Investors Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by consenting to findings that he failed to provide FINRA with information and documentation in the course of an investigation into accusations of his outside business activities. Letter of Acceptance Waiver and Consent No. 2017055776001 (May. 1, 2018).
According to the AWC, Pratte was terminated from Signator Investors Inc. on December 21, 2017 based upon allegations that he engaged in a proscribed outside business activity and never disclosed the outside business activity to the firm. The AWC stated that on February 2, 2018, a request had been made by FINRA for Pratte’s information about the accusations referenced by Signator.
The AWC stated that on March 15, 2018, Pratte was sent another request for information in regards to his alleged outside business activities. The AWC stated that on April 10, 2018, Pratte’s counsel ultimately informed FINRA that Pratte obtained the first two letters from FINRA in reference to the allegation into his activities; however, Pratte would not be providing the information and documentation that FINRA requested. FINRA found that Pratte’s failure to cooperate was violative of FINRA Rules 2010 and 8210.
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