By Robert H. Rex, Esq.
In March 2014 the Financial Industry Regulatory Authority fined Naples, Florida, broker Owen F Dudley $5,000 and suspended him for 15 days.
These sanctions were imposed to resolve FINRA allegations that he effected discretionary transactions in customer accounts without obtaining the customer’s prior written authorization and without his member firm’s acceptance of the accounts as discretionary.
According to FINRA records Dudley is currently registered with Westport Resources Investment Services. His previous registration history includes:
1/2008-2/2012 Wells Fargo Advisors
1/2007-1/2008 A.G. Edwards & Sons
11/1997-2/2007 McDonald Investments
If you have questions about the way your brokerage account has been handled, call to speak with an experienced securities attorney.
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