Category Archives: Pacific Select Distributors

Aron M Coit Barred by FINRA

In August 2014 FINRA announced that broker Aron Michael Coit was barred from association with any FINRA member in any capacity to resolve allegations that he willfully failed to disclose civil judgments entered against him on regulatory forms as required by FINRA rules.

The findings state that Coit created and submitted a false paystub document in support of a personal loan application with a lender, overstating his income on the paystub and indicating that he was a salaried employee instead of an independent contractor.

According to FINRA records, Coit was formerly registered as follows:

  • 10/2012-07/2013       American Portfolios Financial Services
  • 01/2010-10/2012       MML Investors Services
  • 09/2008-11/2009       Pacific Select Distributors

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.

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