Derek Michael Whitley (CRD # 4854389, Registered Representative, Sierra Vista, Arizona) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Whitley misused $5,254.12 in insurance premiums he received from customers by failing to forward the funds to an insurance company or return the funds to the customers. The findings stated that Whitley failed to respond to FINRA requests for information.