According to FINRA’s Disciplinary and Other FINRA Actions publication, Nilda Lee Vasey (CRD No. 4842504) was barred from associating with any FINRA member after she converted customer funds for her own personal use.
FINRA alleged that between June 2012 and August 2013 Vasey requested that six (6) customers make their yearly financial planning fee checks or wire transfers payable to Vasey personally, which is against the firm’s policy. Vasey then electronically received, cashed or deposited the Customers’ funds totaling approximately $5,475 and used the funds for her own personal use. Respondent’s conduct violated FlNRA Rules 2150(a) and 2010. (See FINRA Case No. 2014041051801)
Nilda Lee Vasey was an active broker for 10 years with the following member firm(s):
LINCOLN FINANCIAL ADVISORS CORPORATION
CRD# 3978
WALTHAM, MA
12/2013 – 01/2015
AMERIPRISE FINANCIAL SERVICES, INC.
CRD# 6363
QUINCY, MA
01/2005 – 10/2013
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