Former H.D. Vest broker barred for noncooperation

Finra was investigating whether Brian Royster borrowed from clients.
NOV 22, 2017

The Financial Industry Regulatory Authority has barred former H.D. Vest broker Brian Royster for failure to provide information in connection with its investigation of his activities with clients. On January 12, 2017, H.D. Vest terminated Mr. Royster's registration, stating that he had violated firm policy by borrowing money from clients. That triggered Finra's investigation, with which Mr. Royster did not comply. Mr. Royster began his securities career at NYLife Securities in 2004, and moved to State Farm in 2008, to Edward Jones in 2010, LPL Financial in 2013 and HD Vest in 2014.

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