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J-waun Smiley Suspended by FINRA

Apr 22, 2022 FINRA Suspension

J-waun Smiley (CRD #: 7245773) has been suspended from practicing as a broker, according to his BrokerCheck record, accessed on April 16, 2022. Keep reading to learn more about J-waun Smiley’s conduct as a broker.

Suspension by FINRA

J-waun Smiley was suspended from associating with FINRA members following allegations he failed to respond to FINRA requests for information. The indefinite suspension began on February 22, 2022, and will automatically convert to a permanent bar from associating with FINRA members on April 29, 2022 unless J-waun Smiley requests termination of the suspension.

FINRA Rule 9552

FINRA Rule 9552 establishes that FINRA members who fail to disclose information or fail to keep up-to-date records will be served a Notice of Suspension. Violators of Rule 9552 can request a termination of their suspension by complying with FINRA’s notice or decision. Otherwise, their suspension automatically becomes a bar from associating with FINRA members after three months.

Termination from Charles Schwab & Co.

J-waun Smiley was fired from Charles Schwab & Co. on July 30, 2021, following allegations he failed to adhere to the firm’s Workplace Behavior Expectations Policy by depositing checks that were altered, fictitious, duplicates, or featured an account that could not be located.

FINRA Rule 2010

The standards of commercial honor required by FINRA Rule 2010 prohibit depositing altered or fictitious checks. 

Background Information

J-waun Smiley has passed the following exams:

  • Series 63 - Uniform Securities Agent State Law Examination
  • Series 7TO - General Securities Representative Examination
  • SIE - Securities Industry Essentials Examination

Previously, he worked for Morgan Stanley (CRD#:149777) and Charles Schwab & Company (CRD#:5393).

Kurta Law Can Help

If you worked with J-waun Smiley 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.