Timothy Charles Williams of Tucson, Arizona, a stockbroker formerly registered with Edward Jones, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity for allegedly failing to comply with a FINRA inquiry. Case No. 2020067985001 (November 15, 2021).
According to FINRA Public Disclosure, FINRA sought information from Williams in 2021. Williams’s failure to comply led to FINRA issuing him a Notice of Suspension letter on August 12, 2021, and a Suspension from Association letter on September 7, 2021. The regulator warned Williams that if he did not cooperate or otherwise request that the regulator terminate his suspension by November 14, 2021, Williams would be automatically barred. Williams failed to comply by FINRA’s deadline.
FINRA Public Disclosure shows that a customer initiated investment related complaint involving Williams’ activities was resolved for $6,000.00 in damages because Williams allegedly made misrepresentations concerning risks in connection with the sale of certificates of deposit during the period that he was registered with Edward Jones.
Williams was discharged as a stockbroker by Edward Jones on August 17, 2020, based upon allegations that he did not comply with Edward Jones’ investigation into his outside business activities.