Finra bars former Edward Jones rep involved in expense investigation

Finra bars former Edward Jones rep involved in expense investigation
Beth Hamilton refused to appear at a hearing looking into inaccurate reimbursements.
AUG 02, 2019

The Financial Industry Regulatory Authority Inc. has barred former Edward Jones representative Beth Hamilton for failing to appear at a hearing looking into her expense account filings. (More:​ Finra fines former Morgan Stanley rep $5,000 over meal expenses) Ms. Hamilton, who started her brokerage career at Wachovia Securities in 1999 and joined Edward Jones in 2008, was discharged by the firm in November 2016, because "she was reimbursed by the firm on four occasions based on reimbursement forms she submitted that each contained inaccurate information," according to Finra's letter of acceptance, waiver and consent. In March 2017, Ms. Hamilton joined M&T Securities, which permitted her to resign in July of that year "in lieu of termination" for failing to disclose that she was under investigation by Finra into the circumstances of her termination at Edward Jones.

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