Jerome Goldstein Barred Following Refusal to Cooperate in FINRA Investigation
Jerome Goldstein (CRD #: 224572 ), a broker and investment adviser formerly registered with J.P. Morgan Securities LLC, has been barred by FINRA, according to his BrokerCheck Record accessed on October 14, 2021.
According to FINRA’s allegations, Jerome Goldstein refused to provide information and documents requested by FINRA, violating FINRA Rules 8210 and 2010. Keep reading for more information.
FINRA Letter of Acceptance, Waiver, and Consent Agreement
On August 31, 2021, Jerome Goldstein entered into an Acceptance, Waiver, and Consent Agreement (AWC) after FINRA alleged that Jerome Goldstein refused to provide information and documents requested by FINRA in violation of FINRA Rules 8210 and 2010. According to FINRA, the matter originated from its investigation of the Form U5 filed by J.P. Morgan Securities LLC, Inc on behalf of Jerome Goldstein.
The AWC states that on June 8, 2021, and on July 23, 2021, Jerome Goldstein was asked by FINRA to provide documents and information to evaluate why he had been terminated from JP Morgan Securities for allegedly violating firm policy. JP Morgan Securities noted that the policy violations concerned his personal finances and withdrawals that fell just short of currency transaction reporting thresholds.
Jerome Goldstein retained a lawyer following his receipt of FINRA’s requests. Goldstein’s lawyer informed FINRA on August 4, 2021, that Goldstein would not cooperate with the investigation. By refusing to produce all the information and documents requested in accordance with FINRA Rule 8210, Jerome Goldstein also violated FINRA Rule 2010. As a result of his failure to cooperate, Jerome Goldstein consented to a FINRA bar as part of the terms of his AWC.
You can read a copy of the AWC here.
FINRA Rules 8210 and 2010
A violation of FINRA Rule 8210 is also a violation of FINRA Rule 2010, which requires member firms and their associated persons to “observe high standards of commercial honor and just and equitable principles of trade.”
Jerome Goldstein Employment Termination
On April 28, 2021, JP Morgan Chase Bank fired Jerome Goldstein following allegations he violated firm policies.
Jerome Goldstein Background Information
Jerome Goldstein has passed the following exams:
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 1 – Registered Representative Examination
- Series 00 – General Securities Principal Examination
Jerome Goldstein has worked for the following firms:
- J.P. Morgan Securities LLC (CRD#:79)
- Bear, Stearns & Co. INC. (CRD#:79)
Kurta Law Can Help
If you have been victimized by Jerome Goldstein, please contact us today at 877-600-0098 or firstname.lastname@example.org for a free consultation.
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