FINRA Bars Gwendolyn Hayes for Alleged Refusal to Provide Information

Gwendolyn Hayes (CRD #: 5125590), a broker formerly registered with Ameriprise Financial Services, has been barred by FINRA, according to her BrokerCheck record, accessed on February 11, 2025. Keep reading for details on her alleged conduct as a broker.

Bar by FINRA

On January 17, 2025, Gwendolyn Hayes consented to the entry of findings that she allegedly refused to provide information requested by FINRA.

According to a Letter of Acceptance, Waiver & Consent (AWC), FINRA was allegedly investigating whether Gwendolyn Hayes changed clients’ investment objectives without their consent, accepted trading instructions from unauthorized parties, and mismarked solicited trades as unsolicited.

The AWC concluded that her alleged refusal to provide information 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

FINRA permanently barred Gwendolyn Hayes on January 17, 2025. You can read the AWC here.

Termination from Edward Jones

On April 5, 2024, Gwendolyn Hayes was fired from Edward Jones following alleged concerns that she failed to adhere to firm policies concerning fictitious or misleading account/system information and the firm’s investment advisory annual review requirement.

Background Information

Gwendolyn Hayes has passed the following exams:

• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Combined State Law Examination – Series 66

In the past, she worked for Ameriprise Financial Services (CRD#:6363) and Edward Jones (CRD#:250).

Kurta Law Can Help

If you worked with Gwendolyn Hayes 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 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.