FRANKLIN ROOSEVELT FARR is currently employed as a Broker and/or Investment Adviser at WEDBUSH SECURITIES INC. located at 101 W. BENSON, SUITE 500, ANCHORAGE, AK, 99503.
FRANKLIN ROOSEVELT FARR has worked at WEDBUSH SECURITIES INC. since November 05, 1971
Disclosure History
FRANKLIN ROOSEVELT FARR has 2 Disclosure Event(s).
Date: June 01, 1986 Category: Customer Dispute Allegations: ALLEGED BREACH OF CONTRACT, BREACH OFFIDUCIARY DUTY & COMMON LAW FRAUD. ALLEGED DAMAGES = $500,000 PLUS ATTORNEYS FEES AND INTEREST. Damage Amount Requested: $500,000.00 Settlement Amount: $10,000.00 Broker Comment: THE SETTLEMENT AMOUNT IS CONFIDENTIAL AND IT WAS MORE THAN $10,000.00
Date: June 02, 1972 Category: Regulatory Initiated By: NEW YORK STOCK EXCHANGE Resolution: Decision SanctionDetails: Sanctions: Suspension Broker Comment: THE EXCHANGE SUSPENDED FARR FROM EMPLOYMENT, IN ANY CAPACITY, WITH A MEMBER OR MEMBER ORGANIZATION FOR A PERIOD OF SIXTY DAYS, EFFECTIVE MAY 1, 1972. FARR WAS FOUND TO HAVE VIOLATED EXCHANGE RULE 406, IN THAT THE EXCHANGE FOUND THAT FARR ALLOWED HIS FORMER MEMBER FIRM TO CARRY AN ACCOUNT ON ITS BOOKS WHICH WAS IN THE NAME OF A PERSON OTHER THAN THAT OF THE CUSTOMER, AND ALSO FOUND THAT FARR PROVIDED THE FIRM WITH FALSE INFORMATION ON THE NEW ACCOUNT CARDS.
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