Finra bars broker for failing to provide information during investigation

Finra bars broker for failing to provide information during investigation
Colorado broker Dennis Farrah quit firm before state regulators revoked his license.
JUN 19, 2018

The Financial Industry Regulatory Authority Inc. has barred Dennis Farrah, an Aurora, Colo.-based broker most recently with Taylor Capital Management, for failing to provide information in connection with an investigation. Finra said it was looking into charges that he had sold securities away from the firm without its knowledge or approval, violating Finra rules. Mr. Farrah resigned from Taylor Capital in December 2017. In January 2018, the firm filed an amended Form U5 disclosing that Mr. Farrah resigned after the Colorado Division of Securities informed the firm that it was prepared to file charges against Mr. Farrah for selling away. The state regulator revoked Mr. Farrah's license later that month and barred him from working in Colorado. Mr. Farrah began his securities career in 1996 at Locust Street Securities and worked at six other firms before joining Taylor Capital in 2013.

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