Timothy A. Crowley of Chicago Illinois a stockbroker formerly registered with JP Morgan Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that he failed to provide FINRA with information that had been requested of him. Case No. 2018059605401 (Apr. 16, 2020).
FINRA Public Disclosure reveals that a Notice of Suspension letter was issued to Crowley on January 13, 2020. A Suspension from Association letter followed on February 6, 2020. The stockbroker was provided three months from the Notice of Suspension to comply with FINRA’s requests or otherwise seek termination of the suspension. Crowley’s failure to cooperate by the April 15, 2020 deadline resulted in an automatic bar being imposed by the regulator.
Crowley was discharged by JP Morgan Securities on August 10, 2018 founded on accusations of him forging a customer’s initials on investment account documentation.
FINRA Public Disclosure also confirms that a customer filed an investment related complaint concerning Crowley’s activities where the customer sought more than $5,000.00 in damages founded on accusations that misrepresentations were made by the stockbroker concerning an annuity that had been sold to the customer.