First Allied rep fired for violating sales policies barred by Finra

Sean Aaron Brady failed to cooperate with Finra's investigation into the circumstances of his termination.
JUN 11, 2018

The Financial Industry Regulatory Authority Inc. has barred former First Allied rep Sean Aaron Brady for failing to respond to two letters requesting information in connection with possible sales violations he may have committed. Mr. Brady, who is no longer working in the securities industry, was affiliated with First Allied Securities from 2008 until October 2017, when he was discharged by the firm. In Mr. Brady's BrokerCheck record, under the heading "Employment Separation After Allegations," First Allied wrote that he "violated the firm's policies pertaining to: client alleged falsification of signature on documents; text messaging, and consolidated account reports." Mr. Brady's BrokerCheck report also indicates that he has six pending customer complaints, several of which allege that he completed paperwork on the customers' behalf without permission. Other allegations include that he made misrepresentations and omissions with respect to their investments. Damage claims range from $129,730 to $1.56 million. Mr. Brady began his securities career in 2001 at FFP Securities, where he stayed seven years before moving to First Allied.

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