Robert Prettyman: Suspended By FINRA Following Allegations of Altered Documents
Robert Prettyman (CRD #: 5613767), a broker registered with Cambridge Investment Research, is facing a FINRA suspension, according to his BrokerCheck record, accessed on July 16, 2021. This is not the only disclosure on his record – keep reading for more details.
On June 22, 2021, Robert Prettyman entered into an Acceptance, Waiver, and Consent agreement (AWC) in which he consented to the findings that he reused signed customer documents for account openings and transactions. These transactions included distribution requests. On certain documents, he allegedly altered the signature dates and/or other information with ink and correction fluid. Investors authorized the underlying transactions; however, FINRA Rule 2010 requires that broker “observe high standards of commercial honor.” Brokers are not allowed to re-use customer signatures, even if investors authorized the underlying transactions.
As part of the terms of the AWC, Prettyman consented to a one-month suspension and a $5,000 fine. You can read a copy of the AWC here.
Prettyman was also terminated. On May 29, 2019, Hornor, Townsend & Kent fired Robert Prettyman for violating his member firm’s policy by using copied signatures. He also allegedly changed dates on client paperwork.
Robert Prettyman Background Information
Prettyman has passed the following exams:
- Series 65 Uniform Investment Adviser Law Examination
- Series 63 Uniform Securities Agent State Law Examination
- Securities Industry Essentials Examination
- Series 6 Uniform Investment Company Products/ Variable Contracts Representative Examination
Prettyman has worked with the following firms:
- Cambridge Investment Research (CRD #: 39543)
- Hornor, Townsend & Kent (CRD #: 4031)
Kurta Law Can Help
If you worked with Robert Prettyman and you have concerns about your investments, contact Kurta Law today. Call 212-658-1502 or email email@example.com.