FINRA suspends Douglas Fairchild Bradley (CRD #2850255, La Jolla, California)
What is FINRA Rule 2010? FINRA Rule 2010 is a broad, sweeping rule that is utilized to address misconduct that is not directly addressed by another FINRA rule. The rule is centered around the use of ethical business practices by brokers and financial institutions....read more
March 12, 2018 – A Letter of Acceptance, Waiver and Consent (AWC) was issued in which Bradley was assessed a deferred fine of $10,000 and suspended from association with any FINRA member in all capacities for 45 days. Without admitting or denying the findings, Bradley consented to the sanctions and to the entry of findings that he recommended and effectuated a sequence of mutual-fund transactions designed to avoid the mutual fund’s “soft close” to new investors, and in doing so, he effectively bypassed systems and restrictions that his member firm had put in place to abide by such mutual-fund soft closes. The suspension was in effect from March 19, 2018, through May 2, 2018. (FINRA Case #2016049307001). If you or someone you know has lost money investing with Douglas Bradley, call the experienced attorneys at Epperson & Greenidge at 877-445-9261 for a free consultation. You may be eligible to recoup your losses. Epperson & Greenidge accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-445-9261 now to speak to an attorney for free.