Broker Investigation: Matthew Alan Morris

Matthew Alan Morris (CRD#: 1212333) was previously registered with FINRA as a securities broker. From 2014 to 2017, Mr. Morris was employed at SunTrust Investment Services in Hopewell, Virginia. In March of 2017, this broker was discharged from his position at the firm following allegations that he falsified customer signatures.

Soon after, FINRA launched an investigation into the alleged misconduct. On July 10th, 2018, Matthew Alan Morris was suspended for three months from the securities industry and ordered to pay a $5,000 civil penalty. For full details regarding this disciplinary action, please refer to case NO. 2017053810301.

FINRA Sanctions: Matthew Alan Morris

The alleged misconduct in the case took place between 2015 and 2017. FINRA determined that Mr. Morris cut and pasted the signatures of at least 16 different SunTrust customers on at least 70 different official investment forms. These forms were used to record information and to authorize investor purchases.

Notably, the transactions in question were not unauthorized trades. However, the customers were entirely unaware that their signatures were being falsified. As a result of the misconduct, Mr. Morris caused his brokerage firm to keep inaccurate records in violation of securities industry rules. Without admitting or denying wrongdoing, Matthew Alan Morris consented to the three month suspension and $5,000 fine.

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