Boca Raton Registered Representative Consents to FINRA Bar for Refusing to Cooperate with Investigation Alleging Unsuitable RecommendationsThursday, July 30, 2020
Former registered representative, Marshall Owen Isaacson, recently consented to bar from association from member firms under the jurisdiction of the Financial Industry Regulatory Authority (FINRA) for failing to provide documents and information pursuant to FINRA Rule 8210. Isaacson was associated with two FINRA member firms within the past ten years: National Securities Corporation from August 2007 to July 2016 and Newbridge Securities Corporation from June 2016 to May 2019. Both firms are located in Boca Raton, Florida.
According to the Letter of Acceptance, Waiver and Consent (AWC) approved by FINRA Department of Enforcement on July 13, 2020, Isaacson was under investigation for making potential unsuitable recommendations. By acknowledging and refusing to respond to FINRA’s request, Isaacson violated FINRA Rules 8210 and 2010.
Without admitting or denying the allegations made against him, Isaacson consented to a bar from association from FINRA member firms.
Isaacson has numerous Customer Disputes in his FINRA BrokerCheck report that allege negligence, unsuitable investments, breach of fiduciary duty, breach of contract and misrepresentation, with damage amounts totaling $200,000.
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