FINRA Bars Carlton Fletcher after Allegations of Broker Misconduct
According to the Financial Industry Regulatory Authority, the regulator has barred Carlton Fletcher CRD#: 2455798 from working as a broker as of January 25th, 2025. Carlton reportedly refused to provide information and documents requested by FINRA in connection with its investigation of allegations that he converted funds of an individual.
Carlton reportedly has a history of broker misconduct dating back to 2000 indicated by his broker report, including three regulatory actions, a civil action and a customer complaint alleging unauthorized trading.
Carlton Fletcher- FINRA Broker Check
The FINRA BrokerCheck tool is a free online tool that allows investors to research and verify the background and credentials of financial brokers, brokerage firms, and investment advisors registered with FINRA.
According to his broker report, Carlton Fletcher was reportedly registered with the following FINRA registered brokerage firms during his career, among others:
01/04/2010 – 04/11/2024 DINOSAUR FINANCIAL GROUP, L.L.C (CRD#:104446)NEW YORK, NY
06/21/2002 – 12/31/2009 MCGINN, SMITH & CO., INC. (CRD#:8453) FINRA expelled the firm on 08/13/2010 NEW YORK, NY
How to Recover your Investment Losses
A brokerage firm’s duty to supervise its advisors is a fundamental obligation under federal securities laws and FINRA rules. This duty is designed to protect investors.
If an advisor engages in misconduct, the firm can be held liable if it failed to detect or prevent the wrongdoing due to inadequate supervision. Firms that fail to supervise their advisors, can be held responsible for investment losses in a Financial Industry Regulatory Authority (FINRA) lawsuit.
Free Consultation
If you have suffered investment losses with Carlton Fletcher and Dinosaur Financial Group, the securities attorneys at the White Law Group may be able to help you by filing a FINRA lawsuit. Please call our offices at (888) 637-5510 for a free consultation. We take cases in all 50 states including New York.
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The White Law Group, LLC is a national law firm in securities fraud, securities arbitration, investor protection, and securities regulation and compliance. With offices in Chicago, Illinois and Seattle, Washington, the firm is dedicated to assisting investors across all 50 states with claims against their brokerage firms. Since its founding in 2010, The White Law Group has handled over 800 FINRA arbitration cases.
Last modified: February 20, 2025
