Broker with more than 50 years experience booted for not cooperating with Finra probe

Broker with more than 50 years experience booted for not cooperating with Finra probe
John Halsey Buck III was fired by Morgan Stanley in January over private securities sales
OCT 12, 2018

A former broker with more than five decades of experience has been booted from the profession for not cooperating with a Finra investigation. John Halsey Buck III agreed to an industry bar in an Oct. 11 settlement letter for failing to provide documents and information requested by the Financial Industry Regulatory Authority Inc. in a probe of his alleged participation in unapproved sales of private securities. Morgan Stanley fired Mr. Buck in January regarding "concerns about the timing and completeness of disclosures to the firm, including disclosures regarding involvement in private investments outside the firm," the letter states. He had been with Morgan Stanley since 2010 and had worked in the industry since January 1965, according to BrokerCheck. The only regulatory disclosure on his record was the selling-away allegation by Morgan Stanley that led to his dismissal.

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