FINRA Bars Daniel Kiely For Alleged Refusal to Provide Testimony

Daniel Kiely (CRD #: 6963909), a broker formerly registered with Vanguard Marketing Corporation, has been barred by FINRA, according to his BrokerCheck record, accessed on February 28, 2023. If you have questions about his alleged conduct as a broker, keep reading.

Bar by FINRA

On January 26, 2023, Daniel Kiely consented to the entry of findings that he allegedly refused to appear for on-the-record testimony requested by FINRA in connection with an investigation into his termination from Vanguard Marketing Corporation.

According to a Letter of Acceptance, Waiver & Consent (AWC), Vanguard Marketing Corporation filed a Uniform Termination Notice for Securities Industry Registration (Form U5) alleging that Daniel Kiely was terminated for a failure to obtain a certain license.

On December 6, 2022, FINRA allegedly requested Daniel Kiely’s testimony. He allegedly stated his refusal to appear for testimony on December 19, 2022.

The AWC concluded that this alleged refusal constituted a violation of FINRA Rules 8210 and 2010.

FINRA Rule 8210

FINRA Rule 8210 requires members to submit their books and records for inspection and to appear for testimony in connection with FINRA investigations.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Sanctions

Daniel Kiely was permanently barred by FINRA starting on January 26, 2023.

You can read a copy of the AWC here.

Background Information

Daniel Kiely 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 6 – Investment Company Products/Variable Contracts Representative Examination

He previously worked for Vanguard Marketing Corporation (CRD#:7452) and Prudential Annuities Distributors (CRD#:21570).

Kurta Law Can Help

If you worked with Daniel Kiely and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.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.