JOHN ARTHUR MARGINSON is currently employed as a Broker and/or Investment Adviser at BROWN, LISLE/CUMMINGS, INC. located at ONE TURKS HEAD PLACE - SUITE 800, PROVIDENCE, RI, 02903.
JOHN ARTHUR MARGINSON has worked at BROWN, LISLE/CUMMINGS, INC. since December 27, 1978
Disclosure History
JOHN ARTHUR MARGINSON has 2 Disclosure Event(s).
Date: March 05, 2015 Category: Customer Dispute Allegations: THE CUSTOMER MADE A VERBAL COMPLAINT, ORIGINALLY EXPRESSING DISAPPOINTMENT WITH HIS ACCOUNT'S PERFORMANCE, AND LATER SEEKING RETURN OF INVESTMENT LOSSES AND COMMISSIONS THAT RESULTED FROM TRANSACTIONS MADE FROM THE COMMENCEMENT OF THE ACCOUNT IN MAY 2008 TO THE ACCOUNT TERMINATION ON DECEMBER 3, 2014. Damage Amount Requested: $41,000.00 Settlement Amount: $31,000.00 Broker Comment: ALTHOUGH THE FIRM MAINTAINS THAT IT, AT ALL TIMES, ACTED CONSISTENT WITH THE CUSTOMER'S DESIGNATED INVESTMENT OBJECTIVE, THE FIRM DETERMINED TO AMICABLY RESOLVE THE DISPUTE RATHER THAN PRESENT A DEFENSE, AND INCUR THE CORRESPONDING COSTS, AND FACE THE UNCERTAINTIES, OF AN ARBITRATION PROCEEDING.
Date: August 21, 1989 Category: Regulatory Initiated By: ILLINOIS Resolution: Order Broker Comment: FOR THE RECORD IT SHOULD BE NOTED THAT MR.MARGINSON DID NOT ACTIVELY SOLICIT BUSINESS IN ILLINOIS ANDTHAT THE ILLINOIS TRANSACTIONS, WHICH WERE LIMITED IN NUMBER,WERE ONLY WITH MR. MARGINSON`S BROTHER, WHO HAD RECENTLY MOVEDTO ILLINOIS FROM ANOTHER STATE IN WHICH MR. MARGINSON WASREGISTERED. THERE WAS NO INTENTIONAL DISREGARD FOR THE LAW BYEITHER MR. MARGINSON OR THE FIRM.
More Information
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for JOHN ARTHUR MARGINSON, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.