Finra bars former Morgan Stanley rep after investigation

Denver-area broker Daniel Todd Levine alleged to have had outside business dealings

Jan 9, 2019 @ 11:34 am

By InvestmentNews

The Financial Industry Regulatory Authority Inc. has barred Daniel Todd Levine from the securities industry for failing to cooperate in an investigation looking into allegations that he engaged in undisclosed outside business activities while a broker at Morgan Stanley.

(More:Finra bars broker accused of taking client cash to gamble, pay medical bills)

Mr. Levine was employed by the firm in a suburb of Denver, Colo., from 2013 through July 2018, when he resigned. He then joined First Financial Equity Corp., but was discharged in August 2018 after he failed to disclose the Finra investigation of his activities at Morgan Stanley. He is no longer employed in the securities industry.

Mr. Levine began his securities career at Prudential Securities in New York in 1997, moved to Merrill Lynch in Englewood, Colo., in 2002, and then to a nearby office of UBS in 2008. He was with UBS for five years before joining Morgan Stanley.


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