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Austin Fox Suspended for Allegedly Failing to Respond to FINRA Requests for Information

Dec 28, 2021 FINRA Investigation

Austin Fox (CRD #: 3053879), a broker formerly registered with Cetera Investment Services, was recently suspended for allegedly failing to respond to FINRA requests for information, according to his BrokerCheck Record accessed on November 29, 2021. Austin Fox's alleged conduct is a violation of FINRA Rule 8210. 

FINRA Rule 8210 requires members to provide information under oath, if requested, regarding any matter that pertains to an investigation, complaint, examination, or proceeding. A violation of FINRA Rule 8210 is also a violation of FINRA Rule 2010, which requires member firms and their associated persons to "observe high standards of commercial honor and just and equitable principles of trade." 

Sanctions 

Pursuant to FINRA Rule 9552 and in accordance with FINRA's Notice of Suspension letter dated October 8, 2021, Austin Fox was suspended on November 1, 2021, from associating with any FINRA member firm in all capacities. 

FINRA Rule 9552 applies in situations where a brokerage firm or representative has failed to provide information or keep information current. FINRA Rule 9552 is a Notice of Suspension if corrective action is not taken. This means if Austin Fox fails to request termination of the suspension within three months of the date of the Notice of Suspension, he will automatically be barred on January 11, 2021, from association with any FINRA member in all capacities pursuant to FINRA Rule 9552(h). 

Background Information 

Austin Fox has passed the following exams: 

  • Series 66 - Uniform Combined State Law Examination 
  • Series 63 - Uniform Securities Agent State Law Examination 
  • SIE - Securities Industry Essentials Examination 
  • Series 7 - General Securities Representative Examination 
  • Series 6 - Investment Company Products/Variable Contracts Representative Examination 
  • Series 24 - General Securities Principal Examination 

He has also worked with the following firms: 

  • Corecap Investments (CRD#:37068) 
  • AXA Advisors (CRD#:6627) 
  • 1st Global Capital Corp. (CRD#:30349) 
  • The Equitable Life Assurance Society Of The United States (CRD#:4039) 

Kurta Law Can Help  

If you have been victimized by Austin Fox as a broker, don't hesitate to get in touch with us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.  

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.