Public records published by the Financial Industry Regulatory Authority (FINRA) indicate that Portage, Michigan-based PFS Investments broker Daniel Hartley was sanctioned following allegations of “dishonest and unethical business practices,” by the State of Michigan in 2016. In 2014, FINRA sanctioned him following allegations he solicited a $150,000 loan from a customer which he structured as a promissory note between the customer and Mr. Hartley’s wife, which is against securities laws and internal firm rules. He was also accused of making unauthorized transactions, failing to follow instructions to sell stock certificates and liquidate mutual fund accounts, and other things. You may be able to bring a claim against PFS Investments in the FINRA arbitration forum on a contingency fee basis if you lost money because of Daniel Hartley. The firm had a duty to reasonably supervise him while he was employed there.
Daniel Hartley, according to online, FINRA BrokerCheck records, was previously registered with First American National Securities from June 1983 until March 1985, and is currently registered with PFS Investments in Portage, Michigan, and has been since March 1985. He has five customer disputes against him.
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