Published On: March 7, 2017

Beth DuToit has received two regulatory sanctions and was terminated from her most recent employer. She allegedly “had customers sign a blank form to facilitate the transfer of multiple accounts to the firm rather than have the customers sign transfer request forms for each of the accounts transferred.” Dutoit then submitted the forms with photocopied signatures to the firm as authentic. This was against securities laws. The Oklahoma Department of Securities sanctioned her in 2015 after allegations surfaced that she duplicated customer signatures on documents and placed a client’s initials on a firm document without the individual’s consent. This is also against securities laws. For this, she was issued a six month suspension and placed on heightened supervision for two years. More recently, she was issued a three month suspension and fined $5,000 by the Financial Industry Regulatory Authority (FINRA).

She was previously registered with Aetna Investment Services, Nationwide Investment Services, GE Investment Distributors, CIM Securities, OppenheimerFunds Distributor Inc., Edward Jones and United Planners’ Financial Services of America A Limited Partner in Norman, Oklahoma from May 2015 until September 2015. She is not currently registered and is suspended from the industry. 312-332-4200.

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