Jeffrey Bogart Consents to a One-Year FINRA Suspension
Jeffrey Bogart (CRD #: 2049796), a broker previously registered with Lincoln Investment, is the subject of a FINRA suspension, according to his BrokerCheck record, accessed on November 8, 2021. Keep reading for more information.
FINRA Letter of Acceptance, Waiver, and Consent Agreement
According to an Acceptance, Waiver, and Consent agreement dated September 13, 2021, Jeffrey Bogart consented to the findings that he allegedly structured cash withdrawals totaling $54,600 from different bank accounts in amounts below $10,000 to avoid federal reporting requirements that would have caused those financial institutions to file currency transaction reports.
According to the AWC, on ten different dates in September 2018 and October 2018, Jeffrey Bogart reportedly made 15 cash withdrawals totaling $54,600 from three different bank accounts. He allegedly structured the withdrawals in amounts below $10,000 to avoid federal reporting requirements that would have caused the financial institutions to file Currency Transaction Reports (CTRs). Anti-Money Laundering laws require financial institutions to report withdrawals of more than $10,000.
Jeffrey Bogart allegedly violated FINRA Rule 2010. FINRA Rule 2010 requires registered representatives to observe high standards of commercial honor and just and equitable principles of trade.
You can read a copy of the AWC here.
FINRA Suspension and Fine
As part of the terms of the AWC, Jeffrey Bogart consented to a one-year suspension and a $5,000 fine.
Jeffrey Bogart’s suspension ends on September 19, 2022.
Jeffrey Bogart Background Information
Jeffrey Bogart has passed the following exams:
- Series 65 – Uniform Investment Adviser 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 has worked with the following firms:
- Lincoln Investment (CRD#:519)
- Great American Advisors (CRD#:36451)
- Aegon USA Securities (CRD#:13302)
- Legend Capital Corporation (CRD#:4149)
- Titan/Value Equities Group (CRD#:6359)
Kurta Law Can Help
If you have been victimized after working with Jeffrey Bogart, don’t hesitate to contact us today at 877-600-0098 or firstname.lastname@example.org 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 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.