Matthew Thomas Jennings (Matthew Jennings) Financial Advisor/Broker Barred from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Matthew Jennings was a previously licensed financial advisor/broker with Edward Jones. According to Matthew Jennings’ BrokerCheck report, Matthew Jennings was discharged from Edward Jones in July 2019 after alleged concerns that Matthew Jennings introduced clients to an investment not offered through the firm.
According to FINRA, Matthew Jennings was barred from the securities industry in November 2020.
According to FINRA:
Under FINRA Rule 8210(a)(1), FINRA staff may require a “person associated with a member, or any other person subject to FINRA’s jurisdiction to provide information orally, in writing, or electronically . . . with respect to any matter involved in [an] investigation.” FINRA Rule 8210(c) similarly provides that “[n]o member or person shall fail to provide information . . . pursuant to this Rule.” A violation of FINRA Rule 8210 is also a violation of FINRA Rule 2010, which requires associated persons to “observe high standards of commercial honor and just and equitable principles of trade.”
In connection with this investigation, FINRA sent Rule 8210 requests for documents and information to Jennings in 2019 and 2020, to which Jennings responded. In September 2020, Jennings also appeared for testimony requested in this matter pursuant to FINRA Rule 8210.
Jennings ceased cooperating with FINRA’s investigation in October 2020. On September 22, 2020, FINRA sent a request to Jennings seeking the production of information and documents pursuant to FINRA Rule 8210. As stated in his counsel’s email to FINRA on October 19, 2020, and by this agreement, Respondent acknowledges that he received FINRA’s request and will not produce the information and documents requested. By refusing to produce the information and documents as requested pursuant to FINRA Rule 8210, Respondent violated FINRA Rules 8210 and 2010.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Matthew Jennings and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Matthew Jennings’ conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $200 million on behalf of victimized investors. If you lost money on investments with Matthew Jennings and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 11/20/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.