MOLLYO NICHOLSON is currently employed as a Broker and/or Investment Adviser at CALTON & ASSOCIATES, INC. located at 315 WEST MONTANA STREET, KALISPELL, MT, 59901.
MOLLYO NICHOLSON has worked at CALTON & ASSOCIATES, INC. since November 18, 1996
Disclosure History
MOLLYO NICHOLSON has 2 Disclosure Event(s).
Date: December 05, 1994 Category: Regulatory
Date: August 31, 1993 Category: Employment Separation After Allegations Firm Name: JEFFERSON PILOT SECURITIES CORPORATION Termination Type: Discharged Allegations: N/AI WAS ACCUSED OF PREFORMING UNAUTHORIZEDTRANSACTIONS WHICH CAUSED A LOSS OF $3277. Broker Comment: I REIMBURSED THE CLIENT IMMEDIATELY WHEN THEBROKER-DEALER DETERMINED THE LOSS THAT HAD BEEN SUSTAINED BYCUSTOMERS. I PAID A FINE OF $3000 TO THE NASD, & COOPERATEDFULLY WITH ALL CONCERNED-NO SUSPENSION OR RESTRICTIONS WEREIMPOSED NEITHER WAS MY NAME PUBLISHED AS A VIOLATOR OFANYTHING. BUT I WAS TERMINATED BY CHBB SECURITIES.I BELIEVED I HAD AUTHORIZATION FROM MY CLIENTS TODO WHAT I DID. THEY HAD GIVEN ME A LETTER OF AUTHORIZATION,BUT I DID NOT GET AUTHORIZATION FOR EACH SPECIFIC TRANSACTION,SO WAS CONSIDERED BY CHUBB AS A DISCRETIONARY ACCOUNT WHITHTHEY HAD NOT AUTHORIZED NOR DO THEY ALLOW THEIR REPRESENTATIVETO MAINTAIN. I AM AWARE OF WHAT NOT TO DO NOW & WILL NEVERMOVE MONEY WITHOUT DIRECT & IN WRITING AUTHORIZATION FROM THECUSTOMER.
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