July 2018- Frisco, Texas
The FINRA records of Clarence L. McGill , a former stock broker who was most recently employed by GWN Securities , disclose that he was recently barred from the securities industry.
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 July 2018 FINRA permanently barred McGill from the securities industry for refusing to produce information requested by FINRA in connection with its investigation of his possible participation in the sale of unsuitable investment products to customers.
McGill had been employed by GWN Securities from 4/2014-3/2018. Prior to that he was employed by Fox Financial Management Corp. McGill discloses business affiliations with The McGill Group in Frisco, TX.
If you have questions about an account handled by Clarence McGill or if you believe you were sold unsuitable investments, call for a no charge consultation.
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.
Florida-561 391 1900