Finra bars former Merrill rep for failing to appear at hearing

Regulator was looking into charges that broker forged customer signatures.
AUG 21, 2017

Finra has barred former Merrill Lynch William H. Merriam IV for failing to appear for on-the-record testimony looking into his conduct. In its letter of acceptance, waiver and consent, the Financial Industry Regulatory Authority Inc. said that Merrill Lynch terminated Mr. Merriam's registration in January after he voluntarily resigned following an "internal review into allegations involving forgery of customer signatures on account documents." Mr. Merriam had been with the firm for three years in its Jacksonville, Fla., office, where his father is also a broker.

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