Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Takeda (Takeda), previously associated with Morgan Stanley, has at least one disclosable event. These events include one regulatory event, alleging that Takeda recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on September 05, 2023.
Without admitting or denying the findings, Takeda consented to the sanction and to the entry of findings that he refused to provide documents and information requested by FINRA in connection with its investigation into potential rule violations stemming from a customer complaint and other potential violations. The findings stated that the customer complaint made to FINRA involved potential customer loans.