Matthew Jennings, formerly with Edward Jones, Barred by FINRA
Have you lost money with financial advisor Matthew Jennings? We are looking into allegations made about Matthew T. Jennings from Johnston, Iowa. FINRA (the Financial Industry Regulatory Authority) barred Matthew Jennings from the securities industry. FINRA alleged that Matthew Jennings failed to respond to its investigation. Jennings was being investigated for allegations that he sold investments in an LLC that were not approved by his former brokerage firm, Edward Jones.
Matthew Jennings was a financial advisor and registered representative of Edward Jones from May 2017 to August 2019. He worked in a branch office in Johnston, Iowa. He was also terminated by Edward Jones.
Brokerage firms have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Phoenix, Arizona; Seattle, Washington; Denver, Colorado; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including throughout Iowa. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Edward Jones.