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Daniel P. Johnson-Former Valic Financial Broker- Fined and Suspended by FINRA-Mt. Dora FLA

Daniel P. Johnson-Former Valic Financial Broker- Fined and Suspended by FINRA-Mt. Dora FLA

Daniel P. Johnson-Former Valic Financial Broker- Fined and Suspended by FINRA-Mt. Dora FLA 150 150 Rex Securities Law

In January 2014 the Financial Industry Regulatory Authority fined Mt. Dora, FL, broker Daniel Padgett Johnson $5,000 and suspended him for 30 days to resolve allegations that he engaged in outside business activities without providing written notice to the firms ge worked for. Approximately one month after Johnson began working at the firm he established a company through which he performed insurance and business consulting as CEO and failed to notify his firm in writing. Upon learning of the undisclosed business activity, the firm terminated Johnson.

According to FINRA records Johnson is not currently registered. His previous registration history includes:
12/2012-11/2013   Valic Financial Services
10/2011-8/2012  Merrill Lynch
8/2009-12/2010  Money Concepts Capital Corp. 
Johnson was discharged by Merrill Lynch in 7/2012. Merrill Lynch made the following allegation in connection with his discharge: “Conduct involving failure to disclose and outside business activity”. 
If you have questions about the way your brokerage account has been handled, call to speak with an experienced securities attorney.

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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Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

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