Tag Archives: SEC Rule 10b-5

Broker Who Misappropriated Funds Barred From Financial Industry

Timothy David Cochrane has been permanently barred from the financial industry as part of a¬†settlement of an action against him for misappropriating $600,000 in customer funds. On March 30, the Financial Industry Regulatory Authority (FINRA) accepted a Letter of Acceptance, Waiver and Consent (AWC) submitted by Cochrane to resolve alleged rule violations. Cochrane neither admitted […]

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