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Waddell & Reed Broker Duncan DeWahl Fined/Suspended–Forging Customer Signatures

Waddell & Reed Broker Duncan DeWahl Fined/Suspended–Forging Customer Signatures

Waddell & Reed Broker Duncan DeWahl Fined/Suspended–Forging Customer Signatures 150 150 Rex Securities Law

Duncan Comrie DeWahl, a former broker with Waddell & Reed in Maitland, Florida, was fied $5,000 and suspended for six months by FINRA findings that he improperly signed at least six customer’s signatures on suitability update forms and submitted them to his member firm. The findings state that with respect to five of the customers, DeWahl signed the customer’s signatures without their knowledge, authorization or consent in violation of the written supervisory procedures of the firm.

FINRA records indicate that DeWahl was terminated in April 2014 by Waddell & Reed for these violations.
If you have questions about an account handled by Duncan DeWahl, contact us to discuss how to recover investment losses through FINRA arbitration.

Rex Securities Law , located in Boca Raton, FL, 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.

Rex Securities Law

561 391 1900

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