Timothy John Melvin (also known as Tim Melvin), of Springboro, Ohio, a stockbroker registered with Horace Mann Investors Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Melvin failed to respond to FINRA’s request for information. FINRA Case No. 2020065766801 (January 11, 2021).
FINRA Public Disclosure shows that Melvin was issued a Notice of Suspension letter on October 7, 2020, and a Suspension from Association letter on November 2, 2020. FINRA provided Melvin with three months from the Notice of Suspension date to respond to the request or otherwise seek termination of the suspension. Melvin did not cooperate by the deadline, so FINRA automatically barred him on January 11, 2021.
Melvin was associated with Horace Mann Investors Inc. in Springboro, OH, as a stockbroker from February of 1998 to March of 2020. On March 2, 2020, Horace Mann Investors Inc. discharged Melvin based upon allegations that Melvin impersonated a customer by misrepresenting to another firm that he was the client in an attempt to obtain various information about the actual client’s account(s).
