Lisa Ann Brislin of Buston, Maine submitted a Letter of Acceptance, Waiver and Consent in which she was fined $7,500 and suspended from association with any FINRA (Financial Industry Regulatory Authority) member in any capacity for 30 days. Without admitting or denying the findings, Brislin consented to the sanctions and to the entry of findings that she provided false information on her member firm’s internal system on three occasions by stating that she verbally confirmed check disbursement instructions with a customer when she never spoke with the customer. By doing so, Brislin caused the firm to create and maintain inaccurate books and records. The findings stated that Brislin had effected check disbursements totaling $44,600 from a firm customer’s account to an unrelated third-party account after receiving fraudulent emails from someone purporting to be the customer. A firm registered representative forwarded Brislin an email from what appeared to be a customer’s email account on file, but the email was sent by an imposter who hacked the customer’s email account and was fraudulently transferring money to accounts the imposter controlled. Brislin failed to verbally confirm the transfers as the firm’s policies and procedures required. A financial adviser contacted the customer and learned that the customer never requested any check disbursements from the account. The firm restored the $44,600 in funds that were improperly disbursed from the customer’s account.
The suspension was in effect from April 7, 2014, through May 6, 2014. (FINRA Case #2012034294501)
According to FINRA records, Brislin is currently registered with Ameriprise Financial Services. She was previously registered as follows:
- UBS Financial 2/2007-10/2013
- McDonald Investments 11/2001-2/2007
- Prudential Securities 2/2001-11/2001
If you have questions about the way your brokerage account is being handled or wish to discuss recovery of investment losses through FINRA arbitration, call to discuss your legal rights.
Rex Securities Law , located in Boca Raton, FL, provides representation to investors in Maine and 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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