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Theodore O’Neill Resigned from Ascendiant Capital Markets

Theodore O’Neill (CRD #: 2488334) voluntarily resigned from Ascendiant Capital Markets. This disclosure appears on his BrokerCheck record, accessed on April 11, 2024. Keep reading if you have questions regarding his alleged conduct. 

Employment Separation After Allegations 

On February 10, 2024, Theodore O’Neill voluntarily resigned from Ascendiant Capital Markets following allegations that the firm was investigating whether he published research reports outside the firm without having the reports reviewed or approved by the firm. A FINRA representative is also looking into the matter. 

FINRA Rule 2241 

FINRA Rule 2241 requires brokerage firms to review their representatives’ research reports in order to identify any conflicts of interest. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Publishing research reports without firm approval may violate this rule. 

Kurta Law Can Help 

If you have worked with Theodore O’Neill and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

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