SWAN SIHUA SHEN is currently employed as a Broker and/or Investment Adviser at CAPITAL FINANCIAL SERVICES, INC. located at 1500 District Ave, Burlington, MA, 01803.
SWAN SIHUA SHEN has worked at CAPITAL FINANCIAL SERVICES, INC. since October 14, 2014
Disclosure History
SWAN SIHUA SHEN has 6 Disclosure Event(s).
Date: October 17, 2016 Category: Regulatory Initiated By: Maine office of securities Allegations: The Maine office of securities express concern regarding Swan Shen's disclosure history. As a result, Maine office of securities entered into a conditional licensing order for heightened supervision with Swan Shen. Resolution: Order Sanctions: Heightened supervision for 2 years.
Date: August 18, 2016 Category: Customer Dispute Allegations: The client alleged Ms. Shen made representations with respect to the principal protection that were notaccurate. Damage Amount Requested: $243,522.00
Date: February 27, 2015 Category: Regulatory
Date: August 04, 2014 Category: Regulatory
Date: August 31, 2013 Category: Employment Separation After Allegations Firm Name: CUNA BROKERAGE SERVICES, INC. Termination Type: Discharged Allegations: REPEATED VIOLATION OF FIRM POLICIES OCCURRED WHICH LED TO TERMINATION, INCLUDING: CUT AND PASTE OF CLIENT SIGNATURES; ALTERING FORMS; AND CREATING CONSOLIDATED CUSTOMER STATEMENTS WHICH WERE THEN PROVIDED TO CERTAIN CLIENTS WITHOUT PRE-APPROVAL. Broker Comment: I NEVER RECEIVED ANYTHING IN WRITING SPECIFIES THE CAUSE OF TERMINATION. MY SALES MANAGER (PREVIOUS) AT CUNA BROKERAGE ONLY TOLD ME VERBALLY ITS "INAPPROPRIATE USE OF MARKETING MATERIALS." THE ALLEGATIONS ARE AN AFTERMATH OF THE TERMINATION. THE ACTUAL CAUSE OF TERMINATION IS A FINRA INQUIRY IN AUG.2013 REGARDING A MEETING SUMMARY, WHICH I ALREADY RESPONDED AND HAVE NOT HEARD ANYTHING ELSE SINCE. I AM SEEKING LEGAL COUNSEL AS I THINK THE TERMINATION IS INAPPROPRIATE. THANK YOU.
Date: May 09, 2004 Category: Customer Dispute Allegations: CUSTOMER ALLEGED THE INSURANCE POLICY HE DISCUSSED WITH THE REPRESENTATIVE WAS NOT THE POLICY HE PURCHASED. Damage Amount Requested: $11,102.28 Broker Comment: AFTER REVIEW OF THE FACTS AND CIRCUMSTANCES SURROUNDING THE COMPLAINT, THE FIRM FOUND THE COMPLAINT TO BE WITHOUT MERIT.
More Information
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