Category Archives: Nationwide Securities

Nationwide Securities Broker Barred for Failing to Remit Insurance Premiums

July 24, 2015

Charles Myrick Winstead  of Byram,  MS, entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that he failed to respond to request for information and documents made by FINRA in connection with an investigation into allegations that Winstead, while associated with Nationwide, failed to properly deposit and process a customer’s premium payment for a universal life policy.

The investigation also included allegations that he failed to timely disclose multiple tax liens and civil judgments.

AWC NO. 2014042205601

Winstead was barred from the securities industry.  According to FINRA records he was registered with Nationwide Securities from 4/2005-8/2014.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870