Tag Archives: Edward T. McFarlane

Oppenheimer Stockbroker Suspended For Suitability

September 15, 2017  |   Posted by :   |   Failure To Supervise, Inverse/Leveraged ETF Funds   |   0 Comments

Edward T. McFarlane, of Jenkintown, Pennsylvania, a stockbroker formerly registered with Oppenheimer & Co. Inc., has been fined $5,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he effected non-traditional exchange traded fund trades which were not suitable for […]

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Former Oppenheimer Broker Suspended For Unsuitable Exchange Traded Funds

Edward T. McFarlane, a broker formerly in Oppenheimer’s Jenkintown, Pennsylvania branch office, in a Letter of Acceptance, Waiver & Consent, has agreed to serve a suspension and pay a fine relating the unsuitable Exchange Traded Funds (“ETFs”) he recommended to a customer. Between December 2010 and June 2012 McFarlane recommended 169 unsuitable trades in inverse, […]

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