Tag Archives: PFS Investments

PFS Stockbroker Fined For Unauthorized Annuity Purchase

December 15, 2017  |   Posted by :   |   Variable Annuites   |   0 Comments

Paula Louise Harold, of Ontario, California, a stockbroker formerly registered with PFS Investments, Inc., has been fined $5,000.00 and suspended for eighteen months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity by consenting to findings that she completed forms to effect an annuity purchase that a customer never authorized. Letter […]

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PFS Investments StockbrokerBarred Amid Conversion Allegations

Malcolm Jamal Babin, a Stockbrokerwith PFS Investments, Inc., was permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member after consenting to findings that he had failed to cooperate with a FINRA investigation into allegations that Babin had converted customer funds. Letter of Acceptance, Waiver, and Consent No. 20150454876-01 (July 30, 2015). Babin […]

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