SCOTT IRVIN COLYER

SCOTT IRVIN COLYER is currently employed as a Broker and/or Investment Adviser at ADVISORS ASSET MANAGEMENT, INC. located at 18925 BASE CAMP ROAD, SUITE 203, MONUMENT, CO, 80132.

SCOTT IRVIN COLYER has worked at ADVISORS ASSET MANAGEMENT, INC. since January 03, 2001

Disclosure History

SCOTT IRVIN COLYER has 2 Disclosure Event(s).

Date: April 01, 1994
Category: Customer Dispute
Allegations: UNAUTHORIZED TRADE; DAMAGE ALLEGATIONSUNKNOWN BUT ARE THOUGHT TO INCLUDE LOSS OF FUTURE INTEREST,MENTAL ANGUISH, TRAVEL EXPENSES
Settlement Amount: $17,500.00
Broker Comment: PRUDENTIAL SECURITIES SETTLED CLAIM FOR$17,500.00. THERE HAS BEEN NO ACTION ON BEHALF OF PRUDENTIALSECURITIES OR ANY REGULATORY AGENCY OTHER THAN INQUIRY ON THISMATTER. THE DECISION TO SETTLE WAS MADE BY PRUDENTIALSECURITIES UNDER PROTEST BY ME.CATEGORICALLY I DENY ANY AND ALL ALLEGATION THATANY TRADE WAS EXECUTED WITHOUT CLIENT AUTHORIZATION. CLIENTSWERE FOREIGN NATIONALS TRAVELING ABROAD RESIDING PERMANENTLY INSPAIN. THE [CUSTOMER] ACCOUNT WAS SET UP WITH ONE 50,000 PURCHASEOF 8% FNMA REMIC BONDS PURCHASED AT A DISCOUNT TO PAR. I HADINSTRUCTIONS TO SEND THE INTEREST PAYMENTS MONTHLY TO A LOCALBANK AND [CUSTOMER] DREW THE INTEREST BY CHECK MONTHLY TO WHEREVERTHEY TRAVELED. [CUSTOMER] UNDERSTOOD THAT THE BONDS WERE CALLABLEAT PAR ANY MONTH. I RECEIVED SPECIFIC INSTRUCTIONS TO KEEP

Date: January 17, 1991
Category: Customer Dispute
Allegations: CLIENT ALLEGES MISREPRESENTATION, FAILURE TOFOLLOW CLIENT INVESTMENT INSTRUCTIONS REGARDING MUNICIPAL BONDSAND UNSUITABLE MARGIN TRADING. CLIENT ALLEGES DAMAGES OF$138,100.00. THE TRANSACTIONS IN QUESTION INVOLVE MUNICIPALBONDS.
Damage Amount Requested: $138,100.00
Settlement Amount: $50,000.00
Broker Comment: SETTLED FOR PAYMENT OF $50,000 PAYABLE TO [CUSTOMER]. CUSTOMER AGREED TO RETURN ZERO COUPON BONDSWITH A FACE VALUE OF $285,000 AS PART OF THE SETTLEMENT.NOT PROVIDED

More Information

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