Victim of Financial Fraud? Call Now

Stephen King Barred by FINRA

Stephen King (CRD #: 1590508), a broker formerly registered with Cantone Research, has been barred by FINRA, according to his BrokerCheck record, accessed on January 11, 2025. If you have questions about his alleged conduct as a broker, read on.

Bar by FINRA

On December  2, 2024, Stephen King consented to the entry of findings that he allegedly refused to appear for on-the-record testimony requested in connection with a FINRA investigation.

According to a Letter of Acceptance, Waiver & Consent (AWC), this investigation allegedly concerned Stephen King’s supervision of Cantone Research brokers’ recommendations that their clients invest in low-priced securities, as well as other unspecified allegations.

The AWC concluded that Stephen King’s alleged refusal to appear for testimony 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

Stephen King was permanently barred by FINRA starting December 2, 2024. You can read the full AWC here.

Background Information

Stephen King has passed the following exams:

  • General Securities Sales Supervisor – Options Module Examination – Series 9
  • General Securities Sales Supervisor – General Module Examination – Series 10
  • Municipal Securities Principal Examination – Series 53
  • Financial and Operations Principal Examination – Series 27
  • General Securities Principal Examination – Series 24
  • Registered Options Principal Examination – Series 4
  • Compliance Officer Examination – Series 14
  • General Securities Sales Supervisor Examination (Options Module & General Module) – Series 8
  • Operations Professional Examination – Series 99TO
  • Municipal Securities Representative Examination – Series 52TO
  • Investment Banking Registered Representative Examination – Series 79TO
  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Uniform Securities Agent State Law Examination – Series 6

In the past, he worked for the following firms:

  • Cantone Research (CRD#:26314)
  • Daiwa Capital Markets America (CRD#:1576)
  • KBC Financial Products USA (CRD#:46709)
  • KBC Adirondack Electronic Markets (CRD#:104041)
  • RBC Dominion Securities (CRD#:6579)
  • Deutsche Securities Australia (CRD#:15076)
  • Deutsche Bank Securities (CRD#:2525)
  • Deutsche Bank Capital Corporation (CRD#:5323)
  • The Nikko Securities Company International (CRD#:824)
  • Josephthal & Company (CRD#:475)

Kurta Law Can Help

If you worked with Stephen King 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 that 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.