George Jing Barred by FINRA After Alleged Undisclosed Private Securities Transactions
FINRA has permanently barred former Transamerica Financial Advisors broker George Ndifor Jing (CRD#: 2835725)after he allegedly refused to cooperate with an investigation into undisclosed outside business activities and potential private securities transactions. Jing, who spent more than 28 years in the securities industry, is no longer permitted to associate with any FINRA-registered broker-dealer in any capacity.
If you invested with George Jing and suffered losses, you may be entitled to recovery through a FINRA arbitration claim.
Background on George Jing
According to FINRA, Jing was previously registered as both a broker and an investment adviser and worked for three firms over the course of his career:
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Transamerica Financial Advisors, LLC (2012–2025) – Rockville, MD
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World Group Securities, Inc. (2002–2012) – Largo, MD
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WMA Securities, Inc. (1997–2002) – Duluth, GA
Jing was reportedly discharged from Transamerica Financial Advisors in August 2025 after the firm alleged he participated in undisclosed outside business activities and/or undisclosed private securities transactions. Two months later, on October 30, 2025, he entered into a FINRA Acceptance, Waiver & Consent (AWC), agreeing to a permanent bar for refusing to provide documents and information requested during FINRA’s investigation.
Selling Away: Undisclosed Private Securities Transactions
The core of FINRA’s investigation into Jing was whether he engaged in selling away, a violation that occurs when a financial advisor solicits investments outside his firm’s approved product list.
Selling away often exposes investors to:
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Unregistered or unapproved investments
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Higher risk private placements
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Potential Ponzi schemes or fraudulent offerings
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Limited oversight or due diligence from the firm
FINRA requires brokers to disclose all outside business activities and private securities transactions to their member firm. A failure to do so can put investors at significant risk, particularly when the recommended investments are illiquid, speculative, or entirely fraudulent.
If Jing solicited investments away from his firm, investors may have legal recourse—even if the investment itself was not offered through Transamerica—because the firm still has a supervisory duty under FINRA rules.
Broker Due Diligence and Failure to Supervise
Broker-dealers such as Transamerica Financial Advisors have an affirmative duty to reasonably supervise their representatives. This supervisory obligation includes:
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Monitoring for undisclosed outside business activities
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Reviewing brokers’ disclosures and annual questionnaires
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Investigating red flags related to private securities transactions
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Ensuring recommended investments are suitable for the customer
A firm may be held liable if a broker engages in misconduct that could have been detected or prevented through proper supervision. Even in cases where a broker sells an unapproved product, firms have been found responsible for failing to enforce their supervisory systems.
Investors harmed by George Jing’s alleged actions may be able to pursue a failure-to-supervise claim against his former firm(s).
Class Action vs. FINRA Arbitration: Which Is Better for Investors?
Investors considering legal action often ask whether they should join a class action or pursue an individual FINRA arbitration claim. For most brokerage-related disputes, FINRA arbitration is typically the more effective option.
Class Action
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Designed for large groups of investors with identical claims
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Settlements are divided among all class members
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Individual losses are often not fully compensated
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Investors have little control over litigation strategy
FINRA Arbitration
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The primary forum for disputes involving brokerage firms
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Typically results in faster resolutions than court litigation
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Allows investors to recover individual losses, not shared group settlements
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Focuses on suitability, misrepresentation, selling away, and failure to supervise
For cases involving misconduct by a financial advisor—such as alleged selling away—FINRA arbitration is usually the most direct and efficient path to potential recovery.
Recovering Investment Losses with The White Law Group
If you lost money while working with George Jing, you may have a claim for recovery through FINRA arbitration. The White Law Group has over 30 years of experience representing investors in claims involving broker misconduct, unauthorized sales, and failure to supervise.
