Finra bars former rep for not providing requested information

Regulator was investigating Kevin Lee's possible undisclosed business activities

Apr 12, 2018 @ 2:07 pm

By InvestmentNews

The Financial Industry Regulatory Authority Inc. has barred former representative Kevin Lee for not providing the complete information it requested as part of an investigation.

In a letter of acceptance, waiver and consent, Finra said it was looking into payments Mr. Lee received from a customer of his firm, Seattle-based Martin Nelson & Co., to determine whether Mr. Lee engaged in an undisclosed business activity or otherwise acted in violation of Finra rules.

Mr. Lee, of Lake Oswego, Ore., was associated with Martin Nelson from June 11, 2015, through April 7, 2017, when he left the firm. He is no longer associated with a Finra-member firm.

There are no customer complaints listed on Mr. Lee's BrokerCheck records, which show he began his career in 1993 at Quest Capital Strategies. He worked at five firms before joining Martin Nelson.


What do you think?

View comments

Recommended for you

Featured video


Regional brokerages are picking up assets, advisers from wirehouses

Senior columnist Bruce Kelly discusses with deputy editor Bob Hordt the impact of big brokerage houses pulling back on recruiting and regionals promising recruits less bureaucracy.

Latest news & opinion

8 adviser fears for 2019

Interest rates, trade wars and bear markets, oh my! Looking across the industry, here are some of the biggest concerns heading into the new year.

3 big reasons to do a Roth conversion right now

The time is ripe for many to convert a pretax IRA to a Roth.

10 must-know facts about today's 401(k) plans

Here are the latest changes in 401(k) plans across areas such as investments, fees, contributions, investment advice and more.

Questions abound as Ohio National stops commission payments this week

Advisers are grappling with how to proceed, with their clients and their businesses, as the insurer's new annuity trail policy takes effect.

Top 10 RIAs in the South

These are the largest registered investment advisory firms in the Southern U.S., based on AUM.


Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting It'll help us continue to serve you.

Yes, show me how to whitelist

Ad blocker detected. Please whitelist us or give premium a try.


Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print