FINRA Bars Jim Kondrasuk for Alleged Refusal to Provide Information
Jim Kondrasuk (CRD #: 2469994), a broker formerly registered with Raymond James Financial Services, has been barred by FINRA, according to his BrokerCheck record, accessed on February 8, 2023. Read on if you want to know more about his alleged conduct as a broker.
Bar by FINRA
On November 11, 2022, Jim Kondrasuk consented to the entry of findings that he allegedly refused to produce documents and information requested by FINRA in the course of an investigation.
According to a Letter of Acceptance, Waiver & Consent (AWC), Raymond James Financial Services filed a Uniform Termination Notice for Securities Industry Registration (Form U5) disclosing that Jim Kondrasuk was fired for allegedly attempting to deposit a check into his brokerage account that was signed by him but drawing on a non-existent bank account also in his name.
Jim Kondrasuk allegedly informed FINRA on November 1, 2022, that he would not provide the requested information or documents.
The AWC states that this alleged refusal violated FINRA Rules 8210 and 2010.
FINRA Rule 8210
FINRA Rule 8210 requires members to supply records, information, and testimony upon request by FINRA.
FINRA Rule 2010
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.
Sanctions
Jim Kondrasuk was permanently barred by FINRA on November 11, 2022.
You can read a copy of the AWC here.
Termination from Raymond James Financial Services
On May 4, 2021, Jim Kondrasuk was fired from Raymond James Financial Services after he allegedly attempted to deposit a check into his Raymond James brokerage account that was signed by him and attempted to draw from a non-existent bank account in his name.
Background Information
Jim Kondrasuk 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 7 – General Securities Representative Examination
- Series 6 – Investment Company Products/Variable Contracts Representative Examination
- Series 24 – General Securities Principal Examination
In the past, he worked for Raymond James Financial Services (CRD#:6694) and Aegon USA Securities (CRD#:13302).
Kurta Law Can Help
If you worked with Jim Kondrasuk 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.