According to FINRA’s Disciplinary and Other FINRA Actions publication, Robert Durant Tucker (CRD No. 1725356) was barred from associating with any FINRA member and fined approximately $4,000.00 by FINRA for improperly approving a transfer of customer funds to his personal checking account and converting those funds.
FINRA affirms that Tucker arranged a wire request form instructing the clearing firm to wire $4,500.00 from an elderly customer’s account to his personal bank account. Pursuant to the firm’s rules, such a request must be approved by a manager. However, Tucker circumvented this rule by using a fax machine from another location to fax the wire transfer request. After the client verbally complained to the firm regarding the unauthorized transfer, the firm confronted Tucker and he made plans for a friend to repay the client. (See FINRA Case No. 2009016764901)
Robert Durant Tucker was an active broker for 18 years with the following member firm(s):
AVENIR FINANCIAL GROUP
CRD# 148490
NEW YORK, NY
12/2012 – 03/2013
ICM CAPITAL MARKETS LTD.
CRD# 103725
NEW YORK, NY
01/2010 – 11/2012
UNION FINANCIAL CORP.
CRD# 30650
NEW YORK, NY
10/2009 – 01/2010
BISHOP, ROSEN & CO., INC.
CRD# 1248
NEW YORK, NY
06/2008 – 01/2009
BRILL SECURITIES, INC.
CRD# 18565
NEW YORK, NY
12/2007 – 06/2008
PHD CAPITAL
CRD# 38785
NEW YORK, NY
10/2007 – 12/2007
PRESTIGE FINANCIAL CENTER, INC.
CRD# 30407
NEW YORK, NY
01/2007 – 09/2007
FINRA expelled the firm in 05/2011
MEYERS ASSOCIATES, L.P.
CRD# 34171
NEW YORK, NY
06/2005 – 02/2007
VFINANCE INVESTMENTS, INC
CRD# 44962
BOCA RATON, FL
02/2005 – 06/2005
POINTE CAPITAL, LLC
CRD# 112097
TAMPA, FL
05/2005 – 05/2005
GUNNALLEN FINANCIAL, INC.
CRD# 17609
TAMPA, FL
09/2002 – 03/2005
SCHNEIDER SECURITIES, INC.
CRD# 16434
DENVER, CO
09/2001 – 11/2002
INVESTPRIVATE, INC.
CRD# 103737
NEW YORK, NY
04/2001 – 08/2001
BROADBAND CAPITAL MANAGEMENT, LLC
CRD# 48001
NEW YORK, NY
01/2001 – 04/2001
FIRST REPUBLIC GROUP, LLC
CRD# 39781
NEW YORK, NY
06/2000 – 02/2001
FINRA expelled the firm in 09/2009
WHALE SECURITIES CO., L.P.
CRD# 13516
NEW YORK, NY
11/1998 – 07/2000
JWGENESIS SECURITIES, INC.
CRD# 33832
BOCA RATON, FL
10/1998 – 11/1998
NATIONAL SECURITIES CORPORATION
CRD# 7569
SEATTLE, WA
08/1998 – 09/1998
THE BOSTON GROUP
CRD# 37652
LOS ANGELES, CA
03/1997 – 07/1998
AMERICORP SECURITIES, INC.
CRD# 30405
NEW YORK, NY
12/1995 – 03/1997
If you have suffered investment losses as a result of your broker’s or brokerage firm’s misconduct, contact the Hanley Law to discuss your legal options. The Hanley Law is dedicated to helping investors who have been victims of securities fraud. If you have lost money as a result of securities fraud, you may be entitled to recover your investment losses. Contact our office toll free at (239) 649-0050 for a complimentary initial consultation.