Royster, Martin Luther

Martin Luther Royster (CRD # 2084005, Registered Representative, Detroit, Michigan) submitted an Offer of Settlement in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for three months. Without admitting or denying the allegations, Royster consented to the described sanctions and to the entry of findings that he engaged in outside business activities, for compensation of approximately $99,000, without providing prompt written notice to his member firm. The suspension is in effect from November 2, 2009, through February 1, 2010. (FINRA Case # 2007010688401)

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