Cladius Tokunboh Fired from TIAA-CREF Individual & Institutional Services
Cladius Tokunboh (CRD #: 6058294) was fired from his firm, according to his BrokerCheck record, accessed on August 12, 2022. Keep reading if you have questions about Cladius Tokunboh’s conduct as a broker.
Resignation from TIAA-CREF Individual & Institutional Services
On July 14, 2022, TIAA-CREF Individual & Institutional Services fired Cladius Tokunboh after allegedly investigating his potential failure to disclose outside business activities, his failure to fully disclose the nature of one of these activities, and objectionable social media content.
FINRA Rules 3270 and 2010
FINRA Rule 3270 requires that brokers disclose any business activities they play a role in outside of their member firm, including what compensation (if any) they expect to receive.
Violations of this and other FINRA Rules often qualify as violations of FINRA Rule 2010, which requires brokers to uphold high standards of commercial honor and ethical conduct.
Other business activities
Cladius Tokunboh does not currently have any outside business activities listed in his detailed BrokerCheck report.
Cladius Tokunboh has passed the following exams:
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 6 – Investment Company Products/Variable Contracts Representative Examination
- Series 26 – Investment Company Products/Variable Contracts Principal Examination
He previously worked for TIAA-CREF Individual & Institutional Services (CRD#:20472) and PFS Investments (CRD#:10111).
Kurta Law Can Help
If you worked with Cladius Tokunboh and you have concerns about your investments, please contact us today at 877-600-0098 or email@example.com for a free consultation.
For over 20 years, Kurta Law has advocated on behalf of investors who want 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.