Tracy L. Clifford (CRD # 2242393, Registered Supervisor, Fishers, Indiana) 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, Clifford consented to the described sanction and to the entry of findings that he borrowed $150,000 from customers in violation of his member firm’s policy and without disclosing his activities to the firm. The findings stated that Clifford’s member firm settled with the clients for $156,611.24. The findings also stated that Clifford failed to respond to FINRA requests for documents and information. (FINRA Case # 2008015218401)

We take cases on a purely contingency fee basis against brokerage firms who employ brokers committing misconduct of this nature. Please contact us for a free evaluation.