- 2015
Respondent, a registered representative and investment adviser
representative associated with First Allied Securities, Inc. and First Allied Advisory Services, Inc., was barred from the industry upon criminal convictions for federal program bribery, honest services wire fraud, and money laundering. He was found to have paid approximately $520,000 to the Chief Financial Officer and Deputy Treasurer in the Office of the Treasurer of the State of Ohio, and two other persons, as a kickback for state brokerage business worth over $3 million in commissions.
