According to the Financial Industry Regulatory Authority (“FINRA”) David Olson has been barred from the industry for refusing to appear for an on-the-record interview in which testimony was requested in connection with an investigation by FINRA into allegations that he was involved in an undisclosed business activity, and that he solicited a loan from a customer for that outside business activity. In December 2016, FINRA began an investigation regarding allegations that Olson was involved in an undisclosed outside business activity and that Olson solicited a loan from a Morgan Stanley customer for that outside business activity. Morgan Stanley terminated Matthew Singer’s registration on March 14, 2016 according the FINRA Letter of Acceptance, Waiver and Consent (AWC 2016052579701).
David Olson entered the securities industry in 1987. David Olson (CRD # 1700644) has been registered with the following firms:
St. Petersburg, FL
07/30/2010 – 01/13/2017
Merrill Lynch, Pierce, Fenner & Smith, Inc.
10/23/2009 – 08/03/2010
Banc of America Investment Services, Inc.
Belleair Bluffs, FL
09/10/2004 – 10/23/2009
UBS Financial Services, Inc.
01/28/1999 – 09/30/2004
Prudential Securities Inc.
New York, NY
08/25/1989 – 02/10/1999
Thomson McKinnon Securities, Inc.
New York, NY
05/02/1989 – 08/25/1989
07/22/1987 – 05/08/1989
Hanley law represents individual investors nationwide with significant losses in their portfolios, retirement plans or investment accounts. The firm is dedicated to assisting investors to recover losses suffered by unsuitability, over-concentration, fraud, misrepresentation, self-dealing, unauthorized trades or other wrongful acts, whether intentional or negligent. The firm handles cases against the major Wall Street broker dealers, including Morgan Stanley.
Let Hanley Law work for you. Call (239)649-0050 or contact the firm through our Website to arrange a free confidential consultation with an attorney to discuss your experiences with your stock broker which resulted in investment losses.