Spencer Edwards Inc. a securities broker dealer headquartered in Colorado has been fined $250,000.00 by Financial Industry Regulatory Authority (FINRA) based in part on findings that the firm overcharged customers on transactions that the firm’s stockbrokers effected in the customers’ accounts. Letter of Acceptance Waiver and Consent No. 2016051209102 (June 11, 2019). According to the…

Spencer Edwards Inc. a brokerage firm headquartered in Centennial Colorado has been censured and fined $495,000.00 and suspended from conducting securities business for forty-five days by Financial Industry Regulatory Authority (FINRA) according to an Extended Hearing Panel Decision containing findings that (1) the firm made unsuitable investment recommendations to customers concerning private placement investments (2)…

Timothy Tilton Ayre of New York New York a stockbroker formerly employed by Spencer Edwards Inc. has been charged by Financial Industry Regulatory Authority (FINRA) in a Complaint alleging that Ayre defrauded customers in reference to their investments in Rocky Mountain Ayre Inc. Department of Enforcement v. Timothy Tilton Ayre Disciplinary Proceeding No. 2016049307801 (Sept….

Richard Albert Seefried of Centennial Colorado a stockbroker formerly employed by Spencer Edwards Inc. has been fined $10,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he made unsuitable investment recommendations to customers concerning convertible notes. Letter of Acceptance Waiver and Consent…

Brenton Bataille, of Centennial, Colorado, a stockbroker currently registered with Spencer Edwards, Inc., has been fined and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on consenting to findings that he made unsuitable investment recommendations to customers concerning convertible notes. Letter of Acceptance, Waiver and Consent, No. 2014041862704…

Gordon Douglas Dihle, of Centennial, Colorado, president and chief compliance officer with Spencer Edwards, Inc., has been fined $25,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any principal capacity according to an Office of Hearing Officers Order Accepting Offer of Settlement containing findings that the firm and Dihle, inter…