Shakela Carter (CRD#: 4321231) is a previously registered broker and investment advisor. From 2009 to 2016, Ms. Carter was employed at Merrill Lynch working out of an office in Fort Lauderdale, Florida. Ms. Carter eventually left her position at this brokerage firm after allegations of misconduct were raised against her.
On July 2nd, 2018, FINRA barred Shakela Carter from the securities industry. These sanctions were leveled after she failed to appear for testimony that was requested by investigators. This is a serious violation of securities industry regulations. Here, our investment fraud attorneys review the allegations against former Merrill Lynch broker Shakela Carter.
Barred Broker: Shakela Carter
In February of 2016, Ms. Carter was permitted to voluntarily resign from Merrill Lynch following allegations that she participated in unapproved outside business activities. Under FINRA Rule 3270, brokers are prohibited from engaging in any outside business activity unless they have provided adequate notice and received the required approval from their member firm.
After she was separated from her position at Merrill Lynch, FINRA launched its own investigation into this broker. In violation of FINRA Rule 8210, Ms. Carter knowingly declined to cooperate with this inquiry. As a result, she has now been indefinitely barred from the securities industry.
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