DAVID SCHUMWAY MILLER is currently employed as a Broker and/or Investment Adviser at GENERAL SECURITIES CORP located at 2007 Fayette St, N KANSAS CITY, MO, 64116.
DAVID SCHUMWAY MILLER has worked at GENERAL SECURITIES CORP since June 05, 1984
Disclosure History
DAVID SCHUMWAY MILLER has 10 Disclosure Event(s).
Date: August 08, 2005 Category: Regulatory Initiated By: ILLINOIS Allegations: RESPONDENT'S REGISTRATION AS A SALESPERSON IN THE STATE OF ILLINOIS IS SUBJECT TO REVOCATION PURSUANT TO SECTION 8.E(1)(J) OF THE ILLINOIS SECURITIES LAW. Resolution: Consent Sanctions: WITHDRAWAL Sanction Details: RESPONDNET WILL WITHDRAW HIS SALESPERSON REGISTRATION IN THE STATE OF ILLINOIS AND WILL NOT RE-APPLY FOR REGISTRATION FOR A PERIOD OF TWO (2) YEARS. THE RESPONDENT WILL ALSO PAY FOR THE COST OF THE INVESTIGATION.
Date: October 06, 2004 Category: Regulatory
Date: April 28, 2000 Category: Regulatory Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Allegations: 05-17-00, SEC RULE 10B-10(A)(2)(II)(A),NASD RULE 2110 - A RESPONDENT MEMBER, ACTING THROUGH MILLER, FAILED TO DISCLOSE IN PRINCIPAL TRANSACTIONS THAT A MARK-UP OR MARK-DOWN HAD BEEN CHARGED AND THE AMOUNT THEREOF, IN ADDITION TO THE DISCLOSED COMMISSION AMOUNTS. Resolution: Acceptance, Waiver & Consent(AWC) SanctionDetails: Sanctions: Monetary/Fine SanctionDetails: Amount: $2,500.00 Sanction Details: FINED $2,500, JOINTLY AND SEVERALLY02-12-01, $2,500 PAID J&S ON 10/12/00, INVOICE #00-04-665 Broker Comment: FINE HAS BEEN PAID
Date: June 18, 1998 Category: Regulatory
Date: June 15, 1995 Category: Customer Dispute Allegations: ALLEGED THAT I FAILED TO SUPERVISE JERRYMITCHELL Damage Amount Requested: $41,142.00 Settlement Amount: $20,000.00 Broker Comment: DAVID S MILLER AND GENERAL SECURITIES CORPCOLLECTIVELY PAID $20,000 IN SETTLEMENT PRIOR TO ARBITRATIONWHILE ADMITTING NO LIABILITY OF ANY SORT. CLAIMANTS MADE NOREPRESENTATIONS AS TO THE EXTENT OF DAMAGES AND/OR INJURIES ORTHE LIABILITY ISSUES PREVIOUSLY RAISED.Not Provided
Date: June 22, 1992 Category: Regulatory
Date: July 09, 1991 Category: Customer Dispute Allegations: ALEGED CLAIM 1-SALE OF UNREGUSTEREDSECURITIES NOT EXEMPT. ALLEGED CLAIM 2 REFUSAL TO PLACE A SELLORDER AS INSTRUCTED. ALLEGED CLAIM 3-FRAUD BY MISREPRESENTATIONOR LACK OF CARE. TOTAL DAMAGES CLAIMED WAS $34,626.85 PLUSPUNITIVE OF $15,000.00 AND COSTS. Damage Amount Requested: $34,627.00 Damages Granted: $7,000.00 Broker Comment: CLAIMS 1 AND 2 DETERMINED IN FAVOR OFRESPONDENTS AND AGAINST CLAIMANT. CLAIM 3 FOUND IN FAVOR OFCLAIMANT AND AGAINST RESPONDENTS GENERAL SECURITIES CORP. ANDDAVID S. MILLER IN THE AMOUNT OF $7,000.00.Not Provided
Date: December 19, 1990 Category: Regulatory
Date: September 26, 1989 Category: Regulatory Initiated By: MISSOURI Allegations: THE COMMISSIONER ANDRESPONDENT DAVID MILLER ENTEREDINTO AN AGREEMENT WHEREBY RESPONDENT AGREES TO REFRAIN FROMFURTHER SALES OF SECURITIES UNLESS AND UNTIL THE SECURITIESBECOME REGISTERED OR EXEMPT FROM REGISTRATION. DOCKET/CASE NOAO-89-5, DATED SEPTEMBER 26, 1989. Resolution: Consent Sanction Details: THE COMMISSIONER ANDRESPONDENT DAVID MILLER ENTEREDINTO AN AGREEMENT WHEREBY RESPONDENT AGREES TO REFRAIN FROMFURTHER SALES OF SECURITIES UNLESS AND UNTIL THE SECURITIESBECOME REGISTERED OR EXEMPT FROM REGISTRATION. DOCKET/CASE NOAO-89-5, DATED SEPTEMBER 26, 1989. Broker Comment: PONDENTS WAIVE THE RIGHT TO HEARING WITH RESPECTTO THIS MATTER; AND WHEREAS THE COMMISSIONER FINDS THEFOLLOWING ORDER T BE IN THE PUBLIC INTEREST AND NECESSARY FORTHE PROTECTION OF PUBLIC INVESTORS AND CONSISTENT WITH THEPROVISIONS OF CHAPTE 409, RSMO 1986. ( CONDINUED FROM # 7.) THEWHOLE MATTER CONSISTED OF ALLIGATIONS THAT WE SOLD STOCK TOCLIENTS WHO COUL NOT AFFORD TO PUT MONEY INTO A HIGH RISK STOCKSUCH AS RAIR (REGIONAL AIR). AND SO WE WERE IN VIOLATION OF AMISSOURI SECURITIES LAW WHICH REQUIRES US TO QUALIFY OR CLIENTSACCORDING TO INCOME & RISK. WE NEITHER ADMIT OR DENY THEFINDINGS OF FACT OR CONCLUSIONS OF LAW IN THE CONSENT ORDER,BUT WAIVE THE RIGHT TO A HEARING BEFORE THE COMMISSIONER ANDSTIPULATE AND AGREE TO THE ISSUANCE OF THE ANNEXED CONSENTORDER WITHOUT FURTHER PROCEEDINGS IN THIS MATTER, AGREEING TOBE FULLY BOUND BY THE TERMS AND CONDITIONS SPECIFIED THEREIN.
Date: March 02, 1988 Category: Regulatory
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