Wisecarver, Steven Edward
Steven Edward Wisecarver (CRD # 3199948, Registered Representative, Herrin, Illinois) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Wisecarver consented to the described sanction and to the entry of findings that he submitted false documentation to his memberfirm’s insurance affiliate to change public customers’ addresses to his residential address and submitted falsified documentation requesting loans and accumulated dividend payments on the customers’ insurance policies, all without their knowledge or consent. The findings stated that Wisecarver received $58,000 total in checks payable to the customers, which he deposited into his bank account by forging the customers’ signature endorsements, thereby converting the customers’funds to pay for his mortgage and personal bills, and not for the customers’ benefit.

