UBS Broker James Scullin & FINRA (AWC) Letter for Securities Transgressions

James Parker Scullin recently entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). Scullin is accused of placing an unauthorized trade in a customer’s account. This is against securities rules and regulations. At the time, Scullin was registered with UBS. On September 12, 2014, he placed a trade in the amount of over $5,000,000 without informing the two individuals with authority to place trades in the account or seeking their authorization. When asked about the trade, Scullin then denied it. For this, he was suspended from the industry for nine months and fined $15,000. If you suffered losses with James Parker Scullin, you may be able to recover them by suing UBS in the FINRA arbitration process. We sue firms such as UBS on a contingency fee basis for investors.

Scullin was registered with Moseley Securities Corp from October 1986 until March 1998, and UBS in Coral Gables, Florida from June 2011 until November 2014. He is not currently registered with any firm. He has one pending customer dispute against him.

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