Joel Barrett (CRD # 5441006, Registered Representative, Brooklyn, New York) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Barrett, without a bank customer’s knowledge or authorization, signed the customer’s name on a check withdrawal form requesting a $25,000 check from the customer’s account made payable to Barrett’s friend, and the funds were later deposited into the friend’s checking account. The findings stated that Barrett, without the customer’s knowledge or authorization, activated and linked an ATM card to the bank customer’s savings account and used the card to withdraw $3,500 from the account for his own personal use and benefit. The findings also stated that Barrett failed to respond to FINRA requests for information and to appear and testify at an on-the-record interview.

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