According to FINRA, John Rothrock McKinstry Jr. (CRD #1012658, St. Louis, Missouri) recently submitted an AWC in which he was barred from association with any FINRA member in any capacity.
Without admitting or denying the findings, McKinstry consented to the sanction and to the entry of findings that he allegedly failed to continue to provide FINRA with information and documents and failed to appear for on-the-record testimony during the course of an investigation into whether he had made unsuitable securities recommendations to customers, whether he had entered into lending arrangements on behalf of a certain 501(c)(3) charitable entity with customers through the issuance of promissory notes, whether his recommendations to his customers violated FINRA rules, and whether he made materially misleading statements and omissions in connection with lending arrangements his customers entered into with the entity, for which he serves as an unpaid director.
For the full FINRA findings, see FINRA Case #2015046315101.
According to his FINRA BrokerCheck, McKinstry was registered with Moloney Securities Co. from 04/2004 – 08/2015.
The foregoing information, which is all available on the FINRA website, is being provided by The White Law Group. 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 Franklin, Tennessee. For more information on the firm and its representation of investors in claims against brokerage firms, visit https://whitesecuritieslaw.com.
For a free consultation with a securities attorney, please call 888-637-5510.Tags: John Rothrock McKinstry financial advisor, John Rothrock McKinstry FINRA bar, John Rothrock McKinstry FINRA investigation, John Rothrock McKinstry investment advisor, John Rothrock McKinstry Moloney Securities, John Rothrock McKinstry St. Louis Last modified: June 16, 2016