July 24, 2015- Atlanta, Georgia
Phillip Dunwoody Cox, Jr. , entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that he marked a total of 966 order tickets in 26 customer accounts as ‘unsolicited’ when in fact Cox had solicited each order by bringing the relative security or transaction to the attention of the customer.
AWC No. 2013038830501
Cox was suspended for three months, assessed a fine of $10,000 and ordered to disgorge commissions received on the sales.
According to FINRA records, Cox was registered with Sterne Agee Financial Services from 3/2010-10/2013. Prior to that he was registered with J.P. Turner & Company from 8/2007-3/2010.
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