James Cordell Wisdom III (CRD # 5441607, Registered Representative, Norwood, Ohio) 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, Wisdom consented to the described sanction and to the entry of findings that he executed an unauthorized sale of shares of a mutual fund in a customer’s account without the customer’s knowledge or authorization. The findings stated that Wisdom wired the sale proceeds totaling approximately $2,262 and an additional $538 from the customer’s account into a bank account he established in the customer’s name without the customer’s knowledge or authorization. The findings also stated that when Wisdom established the account, he listed himself as the signatory on the account and subsequently withdrew $2,800 from the bank account and used it for his personal use.

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