According to FINRA, Edward Dee Basham was recently barred from FINRA and from associating with any FINRA member firm.  The sanction was based on findings that Basham engaged in a private securities transaction outside the scope of his regular employment with his member firm and without prior notification to the firm (presumably WAMU Investments, Inc.)

This is not the first time that Edward Dee Basham has been the subject of a securities fraud claim.  According to his FINRA Broker Report, Edward Dee Basham has also been named in an arbitration/customer complaint alleging that Alexander misrepresented a mutual fund purchased by an investor.

If you have questions about the investments you made with Edward Dee Basham or WAMU Investments, or if you believe that you have been the victim of a securities fraud, The White Law Group may be able to help. To speak to a securities attorney, please call our Chicago office at 312-238-9650 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, visit http://whitesecuritieslaw.com.