Finra bars former UBS rep for private securities transactions

Regulator says Kenneth Tyrrell engaged in undisclosed trades worth $13 million.
DEC 08, 2017

The Financial Industry Regulatory Authority Inc. has barred former UBS broker Kenneth S. Tyrrell for participating in eleven undisclosed private securities transactions and engaging in five undisclosed outside business activities. He did not give prior notice to UBS about the transactions, which were worth $13 million, Finra said in its letter of acceptance, waiver and consent. (More: Former First Allied broker barred for failing to provide information about outside trades) Mr. Tyrrell entered the securities industry in 1994 and worked at several firms before joining UBS Financial Services in 2008. He was terminated by the firm in August 2016, after which he worked for Cary Street Partners. He was terminated from that firm in 2017.

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