In June 2009, FINRA announced that Frances Ann Reams, then employed with Wachovia Securities, LLC in Roanoke, Virginia, had been suspended from FINRA for a period of three months. Without admitting or denying the findings, Reams consented to the entry of findings that she altered a customer’s option account agreement and without the customer’s knowledge or authorization so that it would reflect that the account was approved for an additional trading strategy. The findings further stated that by altering the agreement without the customer’s knowledge or consent, Reams caused a business record of Wachovia’s to be inaccurate and violated FINRA Rules 2110 and 3110.
If you have questions about investments you made with Wachovia or with Frances Reams, 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.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.
To learn more about The White Law Group, visit https://whitesecuritieslaw.com.
Tags: broker fraud, FINRA, Francis Reams, investment losses, investor protection, NASD, Roanoke, SEC, securities arbitration, Securities Attorney, Securities Lawyer, Virginia, Wachovia Last modified: December 1, 2022
