Date: June 06, 2008 Category: Customer Dispute Allegations: CLIENT ALLEGES FORGERY AND MISAPPROPRIATION OF FUNDS FROM AN IRA ACCOUNT. Damage Amount Requested: $3,308.82 Broker Comment: THERE WAS NO FORGERY OR UNAUTHORIZED TRANSACTIONS IN MY DEALINGS WITH [CUSTOMER] WHILE I WAS EMPLOYED WITH CHASE INVESTMENT SERVICES OR MORGAN KEEGAN & COMPANY, INC? SIMPLY STATED, I MOVED HER ACCOUNTS FROM EDWARD JONES INVESTMENTS TO CHASE INVESTMENT SERVICES WHEN WE GOT MARRIED. SEVERAL MONTHS LATER WE DECIDED TO TAKE A DISTRIBUTION FROM [CUSTOMER'S] ROTH IRA TO PAY FOR HONEYMOON EXPENSES. SHE SIGNED AN IRA DISTRIBUTION FORM, A CHECK WAS ISSUED IN HER NAME, AND SHE ASKED ME TO DEPOSIT THE CHECK INTO OUR JOINT ACCOUNT. THE TELLER WROTE FOR DEPOSIT ONLY ON THE BACK OF THE CHECK AND DEPOSITED INTO OUR JOINT ACCOUNT. WHEN IT CAME TO MY ATTENTION THAT [CUSTOMER] WAS TRYING TO MAKE ISSUE OF THE DISTRIBUTION, I DEPOSITED THAT MONEY BACK INTO A ROTH IRA THAT [CUSTOMER] OPENED MORE THAN A YEAR AGO AT THE DIRECTION OF MY ATTORNEY. I HAVE NEVER SIGNED NOR CAUSED ANYONE ELSE TO SIGN [CUSTOMER'S] NAME TO ANY DOCUMENT WHATSOEVER SINCE WE HAVE KNOWN EACH OTHER, NOR HAVE I OPENED ANY UNAUTHORIZED ACCOUNTS OR MADE ANY UNAUTHORIZED TRANSACTIONS IN [CUSTOMER'S] EXISTING ACCOUNTS.***AS OF 6/6/2010 THIS ITEM IS NO LONGER REPORTABLE.***
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 MARK STEVEN MCNEELY, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.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.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.
How to choose a broker or investment adviser. Learn More