David Franklin (CRD #: 5236215) has been barred by FINRA. This disclosure appears on his BrokerCheck record, accessed on December 8, 2025. Keep reading if you have questions regarding his alleged conduct.

Regulatory Action

On October 21, 2025, David Franklin entered into an Acceptance, Waiver, and Consent agreement (AWC), in which he consented to the findings that he refused to produce information and documents requested by FINRA. The request was made in connection with an investigation into a tip made to FINRA and the circumstances giving rise to the Form U5 filing by his member firm. The findings stated that David Franklin’s firm had terminated his registrations through the firm because he was under criminal indictment.

You can read a copy of the AWC here.

Criminal Allegations

On May 6, 2025, three criminal charges of conspiracy to commit money laundering, conspiracy to commit health care fraud, and illegal health care kickbacks were entered against David Franklin. The charges are currently pending.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Money laundering, health care fraud, and health care kickbacks violate this rule.

Background Information

David Franklin has passed the following exams:

• Series 24 General Securities Principal Examination
• Series 79TO Investment Banking Registered Representative Examination
• Series 99TO Operations Professional Examination
• SIE – Securities Industry Essentials Examination
• Series 7 General Securities Representative Examination
• Series 37 Canada Module of the General Securities Registered Representative (With Options Questions)
• Series 63 Uniform Securities Agent State Law Examination

He has registered with the following firms:

• Integral Wealth Securities LLC
• 1st Bridgehouse Securities LLC
• Toll Cross Securities USA Inc.

Kurta Law Can Help 

If you have worked with David Franklin and have concerns about your investments, don’t hesitate to contact 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 that 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. Do not let securities fraud go unchecked. Start your recovery process today.