ROBERT GEORGE MALONE is currently employed as a Broker and/or Investment Adviser at SUMMIT BROKERAGE SERVICES, INC. located at 8774 Yates Dr, Sheridan Pk Bldg 1 Ste 130, West Minster, CO, 80030.
ROBERT GEORGE MALONE has worked at SUMMIT BROKERAGE SERVICES, INC. since October 05, 2015
Disclosure History
ROBERT GEORGE MALONE has 10 Disclosure Event(s).
Date: January 10, 1994 Category: Customer Dispute Allegations: UNAUTHORIZED TRADING BY REGISTEREDREPRESENTATIVE, [BROKER],RESULTING IN A LOSS. Damage Amount Requested: $8,465.50 Damages Granted: $10,431.00 Broker Comment: MALONE AND ASSOC. CUSTOMER WAS AWARDED$10,431.00[BROKER] WAS THE RR OF RECORD ON THEACCOUNT. WHEN MALONE & ASSOC. TRANSFERRED ITS ASSETS, THECLEARING FIRM ASSIGNED A RR# TO ACCOUNTS FOR THE PURPOSE OFTRANSFERRING THEM. AS THE PRIMARY PRINCIPAL OF MALONE &ASSOC., I WAS NAMED AS THAT RR. IT IS ONLY THRU THE ACTIONS OFTHE CLEARING FIRM THAT I BECAME ASSOCIATED WITH THE [CUSTOMER]ACCOUNT. IT SHOULD BE NOTED THAT [BROKER] IS PAYING THEAWARD IN ITS ENTIRETY.
Date: November 24, 1993 Category: Regulatory Initiated By: STATE OF FLORIDA Allegations: AGREES NOT TO ENGAGE IN ANY VIOLATIONS OF CHAPTER 517, FLORIDA STATUTES. Resolution: Stipulation and Consent Sanctions: REIMBURSE THE DEPARTMENT $500 FOR INVESTIGATORY COSTS. Sanction Details: SHOULD RESPONDENT SEEK REGISTRATION IN FLORIDA, HE AGREES TO BE SUBJECT TO A REGISTRATION AGREEMENT FOR A PERIOD OF TWO YEARS. Broker Comment: Not Provided
Date: May 29, 1992 Category: Regulatory Initiated By: ILLINOIS SECURITIES DEPARTMENT Allegations: STATUTORY DENIAL UNDER SECTION 8.E(1)(J) OFTHE ILLINOIS SECURITIES LAW. BASED ON SUSPENSION BY THE NASDARISING FROM FRAUDULENT OR DECEPTIVE PRACTICES. Resolution: Order SanctionDetails: Sanctions: Revocation/Expulsion/Denial Sanction Details: ORDER OF DENIAL ISSUED JULY 28, 1992. Broker Comment: I FILED TO BE LICENSED IN ILLINOIS. THEYRESPONDED WITH A SUMMARY ORDER OF DENIAL WHICH ALLOWS ME TOREQUEST A HEARING OR TO SEND IN A WRITTEN MOTION. I HADREQUESTED THE COMPLIANCE DEPT. OF DICKINSON & CO TO SEND IN AWRITTEN MOTION UNDER #4 OR #9, WHICH THEY INTENDED TO DO.HOWEVER MY FILE WAS MISPLACED AND THE DEADLINE TO RESPONDEXPIRED AND NO MOTION WAS SENT IN. I APPEALED TO THE STATE OFILLINOIS TO ALLOW ME TO MAKE A MOTION OR TO HAVE A HEARING. MYAPPEAL WAS DENIED.
Date: May 31, 1991 Category: Regulatory Initiated By: STATE OF GEORGIA - OFFICE OF THE SECRETARYOF STATE Allegations: THE STATE OF GEORGIA PROPOSED TO ISSUE ANORDER OF DENIAL, DENYING MALONE'S APPLICATION TO BECOMEREGISTERD IN GEORGIA AS A SECURITIES SALESMAN Resolution: Stipulation and Consent Sanction Details: MALONE ALLOWED TO WITHDRAW HIS APPLICATION WITHTHE AGREEMENT NOT TO REAPPLY IN GEORGIA FOR A PERIOD OF THREEYEARS. Broker Comment: Not Provided
Date: April 22, 1991 Category: Regulatory Initiated By: IDAHO DEPARTMENT OF FINANCE Allegations: SALE OF A SECURITY BY AN UNLICENSED AGENT Resolution: Stipulation and Consent SanctionDetails: Sanctions: Monetary/Fine SanctionDetails: Amount: $1,000.00 Sanction Details: PER AGREEMENT AND ORDER: $1,000 FINE, ONE YEARPROBATION, AGREES NOT TO EMPLOY ASSISTANTS WHO ARE NOT LICENSEDIN THE SAME STATES AS THE PRNCIPAL. Broker Comment: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS IHAVE AGREED TO FOLLOW THE TERMS OF THE AGREEMENT & ORDER.
Date: January 16, 1991 Category: Regulatory
Date: September 13, 1990 Category: Regulatory
Date: December 30, 1987 Category: Regulatory
Date: May 28, 1986 Category: Regulatory Initiated By: IOWA Allegations: SUMMARY DENIAL ORDER ISSUED ALLEGING 25 TRANSACTIONS TO 5 CUSTOMERS WHILE UNREGISTERED FROM 1/80 TO 10/82.ALLEGATIONS ALSO INCLUDE FALSE OR MISLEADING FILING REGARDING PAST ACTIVITY. Resolution: Consent SanctionDetails: Sanctions: Censure Sanction Details: REQUEST FOR REGISTRATION AS AN AGENT WAS REJECTED BY THE STATE OF IOWA ON MAY 28, 1986;BASED ON A PAST UN-REGISTERED AGENT STATUS AND A MISLEADING FILING. THIS DENIAL ORDER IS VACATED AS PART OF CONSENSUAL CENSURE ENTERED ON 8/28/86 ALLEGING ONLY THE SALES ACTIVITY WHILE UNREGISTERED. Broker Comment: MALONE WAS APPROVED IN THE STATE OF IOWA ON10/14/86.
Date: May 28, 1980 Category: Regulatory Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Resolution: Acceptance, Waiver & Consent(AWC) SanctionDetails: Sanctions: Monetary/Fine SanctionDetails: Amount: $1,500.00 Broker Comment: A STOCK BROKERS DAUGHTER WHO WAS OVER 21 ANDLIVED BY AND SUPPORTED HERSELF BOT TWO NEW ISSUES FOR A TOTALIMMEDIATE PROFIT OF $700. FIRM - COHIG'S DAUGHTER. MR. MALONEPAID A FINE OF $500.
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 ROBERT GEORGE MALONE, 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.