Broker Investigation: Bruce Plyer

Bruce Arnold Plyer (CRD#: 1666324) is a previously registered broker and investment advisor. From 2009 to 2016, Mr. Plyer was employed at the brokerage firm Morgan Stanley in Florham Park, New Jersey. More recently, this financial advisor was associated with International Assets Advisory, LLC, in Morristown, NJ.

On October 29th, 2018, Bruce Plyer was barred from the securities industry by FINRA. This disciplinary action came after he refused to provide testimony in conjunction with an investigation into allegations that he engaged in misconduct while at Morgan Stanley. This is a violation of FINRA Rule 8210.

Barred Broker: Ex-Morgan Stanley Financial Advisor Bruce Plyer

In November of 2016, Bruce Plyer was fired by Morgan Stanley after complaints arose alleging that he engaged in unauthorized trading within the brokerage accounts of clients at the firm. Following this adverse action by his employer, FINRA launched its own investigation into the allegations against Mr. Plyer.

While he acknowledged that he received FINRA’s request for on-the-record testimony in relation to the possible unauthorized trading, the ex-Morgan Stanley broker declined to cooperate with the agency. Without admitting or denying any wrongdoing in this case, he consented to the sanctions, which include a bar from associating with any FINRA member in any capacity.

Get Help From Our Investment Fraud Lawyers Today

At Sonn Law Group, our securities fraud attorneys represent investors in FINRA arbitration and securities litigation. We have the skills and experience to handle the full range of cases, including unauthorized trading claims. For a free, no obligation review of your legal case, please do not hesitate to reach out to our law office today.

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