CLAYTON RUSSELL JONES is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 4661 SAWMILL RD, UPPER ARLINGTON, OH, 43220.
CLAYTON RUSSELL JONES has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since September 26, 1978
Disclosure History
CLAYTON RUSSELL JONES has 2 Disclosure Event(s).
Date: October 01, 1988 Category: Customer Dispute Allegations: DISCRETION, SUITABILITY Settlement Amount: $148,000.00 Broker Comment: CLAIM SETTLED BY MERRILL LYNCH FOR $148,000 -JONES RECEIVED A LETTER OF CENSURE FROM THE FIRM AND AGREED TOPAY BACK HALF OF THE SETTLEMENT AMOUNT OVER THREE YEARS.THIS MATTER WAS REVIEWED BY THE STAFF OF THE NYSEDURING THEIR HOME OFFICE INSPECTION OF MERRILL LYNCH. A COPY OFTHE COMPLAINT, RELEASE AND LETTER OF CENSURE ARE ATTACHED.
Date: June 16, 1988 Category: Customer Dispute Allegations: UNAUTHORIZED AND UNSUITABLE SHORT SALES Damage Amount Requested: $67,500.00 Settlement Amount: $27,500.00 Broker Comment: ARBITRATION SETTLED FOR $27,500CUSTOMER WAS SEEKING $67,500 PLUS INTEREST ONLOSSES INCURRED ON 2 SHORT SALES. COPIES OF THE COMPLAINT &ANSWER ARE ATTACHED. *JONES WILL REPAY MERRILL LYNCH 30% OF THESETTLEMENT AMOUNT ($8,250).
More Information
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