Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Conn (Conn), previously associated with International Assets Advisory, LLC, has at least one disclosable event. These events include one regulatory event, alleging that Conn recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on April 07, 2025.
Without admitting or denying the findings, Conn consented to the sanctions and to the entry of findings that he exercised discretion in customer accounts without prior written authorization from the customers or prior permission from his member firm. The findings stated that the customers knew Conn was placing trades in their accounts. The findings also stated that in circumvention of firm policy, Conn gifted one of the customers a total of $120,000 by making deposits into her checking account. Conn failed to disclose these gifts to the firm. In addition, Conn falsely stated on his annual questionnaire that he had not gifted any customer more than $100.