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Ellen Reynard- Former Raymond James Broker-Discloses Regulatory Suspension and Termination from Employment- Beaumont, TX

Ellen Reynard- Former Raymond James Broker-Discloses Regulatory Suspension and Termination from Employment- Beaumont, TX

Ellen Reynard- Former Raymond James Broker-Discloses Regulatory Suspension and Termination from Employment- Beaumont, TX 150 150 ER

Ellen Reynard Investigation

March 2022-Beaumont, TX

The FINRA records of Ellen Gayle Reynard,  a  broker previously employed by Raymond James Financial Services , disclose a regulatory matter and a termination from employment.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In 11/2022, while employed by Raymond James Financial Services, Inc., a FINRA investigation disclosed that Reynard consented to the sanctions and to the entry of findings that she falsified forms that she submitted to her member firm to effectuate money movements requested by her customers.    The findings stated that Reynard directed the customer to sign blank or incomplete forms, but neither Reynard nor the customers completed or submitted the forms at the time Reynard obtained their signatures.   Instead, Reynard maintained the blank, signed forms, which she later photocopied, completed and submitted to the firm at the customer’s requests.  By falsifying forms associated with money movements from customer accounts, Reynard caused the firm to maintain inaccurate books and records.   Sanctions include a five month suspension and a $5,000 fine to be paid by Reynard individually.

In 9/2021, Reynard was discharged from  from Raymond James Financial Services, Inc after allegations were made that she was violating industry standards of conduct.   She had been with Raymond James Financial Services, Inc. since 5/2013.    Reynard discloses business affiliations with Financial Advising 360, Insurance & Goal Planning Systems, Hotaling Group and LTC Financial Services, all located in Beaumont, TX.

If you have losses in an account handled by Ellen Gayle Reynard call to learn how you may be entitled to collect damages through FINRA arbitration.

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

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Florida-561 391 1900 

Texas-512-329-2870

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