Joe E. Tinder, of Missoula, Montana, a stockbroker currently registered with Western International Securities, Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to respond to FINRA’s investigation into accusations that he, inter alia, sold away from his firm. Letter of Acceptance, Waiver and Consent, No. 2017054713901 (Dec. 22, 2017).
According to the AWC, Tinder’s activities were examined by FINRA in August of 2017, where the regulator sought information on Tinder’s possible outside business activities, sales practice violations, private securities transactions, as well as violations of federal securities laws NASD and FINRA Rules during the time he was associated with Western International Securities, Inc.
The AWC stated that three separate requests had been sent by FINRA to Tinder, asking him to furnish documentation and information according to Rule 8210. Then, on October 26, 2017, Tinder evidently responded to FINRA, informing staff that he would not be providing the documents. Tinder confirmed with FINRA the following day that he would not be furnishing any additional documents in regard to FINRA’s request, nor would he ever appear for recorded testimony relating to FINRA’s investigation into his activities. FINRA found that Tinder’s failure to testify or provide information and documentation to FINRA was violative of FINRA Rules 2010 and 8210.
FINRA Public Disclosure confirms that Tinder has been terminated from two brokerage firms after allegations of his misconduct surfaced. Particularly, he was terminated from Pruco Securities Corporation based upon accusations that he failed to supervise the firm’s registered representatives. He was later terminated from Edward Jones based upon allegations that he wrote a life insurance policy away from Edward Jones.
Additionally, on August 22, 2006, a customer filed an investment related written complaint involving Tinder’s conduct, where the customer requested $150,000.00 in damages based upon allegations of misappropriation and suitability pertaining to equity indexed annuities and variable annuities purchased by the customer. Thereafter, a customer filed an investment related written complaint pertaining to Tinder’s conduct, in which the customer sought $1,200,000.00 in damages supported by accusations that Tinder made unsuitable over-the-counter equities recommendations to the customer. FINRA Arbitration No. 15-02382 (Sept. 29, 2015).
Moreover, a customer filed an investment related arbitration claim regarding Tinder’s activities, where the customer requested $181,668.00 in damages founded on allegations of negligence and recklessness in regard to stock transactions executed in the customer’s account. FINRA Arbitration No. 16-03684 (Dec. 27, 2016).
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