Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jonathan Mayer (Mayer), currently associated with Endeavor Capital, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Mayer recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on January 12, 2024.
Without admitting or denying the findings, Mayer consented to the sanctions and to the entry of findings that he engaged in an OBA without providing his member firm prior written notice and then continued his OBA after the firm rescinded its approval of the activity. The findings stated that Mayer received approximately $90,000 in direct compensation for his outside business consulting work, which included business plan creation, financial modeling, strategic planning, market research, and general business advice. None of Mayer’s outside business activities involved securities or firm customers.