VERNON LEQUITH OUTLAW

VERNON LEQUITH OUTLAW is currently employed as a Broker and/or Investment Adviser at FTN FINANCIAL SECURITIES CORP located at 47 Maple Street, The Atrium Suite 201 A, Summit, NJ, 07901.

VERNON LEQUITH OUTLAW has worked at FTN FINANCIAL SECURITIES CORP since February 02, 2004

Disclosure History

VERNON LEQUITH OUTLAW has 1 Disclosure Event(s).

Date: September 18, 1987
Category: Employment Separation After Allegations
Firm Name: L.F. ROTHSCHILD & CO., INCORPORATED
Termination Type: Discharged
Allegations: L.F. ROTHSCHILD & CO., INCORPORATED CLAIMED MR. OUTLAW ENGAGED IN UNAUTHORIZED TRADING, ESTABLISHED TRADINGPOSITIONS THAT EXCEEDED HIS UNAUTHORIZED LIMITS, FAILED TOSUBMIT TRANSACTIONS TICKETS FOR TIMELY PROCESSING AND DID NOT ACCURATELY STATE HIS TRADING POSITIONS IN REPORTS TO MANAGEMENT.
Broker Comment: MR. OUTLAW'S AFFIRMATIVE ANSWER TO QUESTION 23J(1) REFERS ONLY TO DISCHARGE FOR VIOLATING INVESTMENT-RELATED STATUTES, REGULATIONS, RULES OR INDUSTRY STANDARDS OF CONDUCT. A YES ANSWER TO THIS QUESTION WAS NOT DEEMED ROPER SINCE MR. OUTLAW DID NOT VIOLATE ANY INDUSTRY STANDARDS; HE WAS DISCHARGED FOR VIOLATING INTERNAL ROTHSCHILD RULES. FURTHER, IN THE U-5 WHICH ROTHSCHILD FILED, IT IS NOT ALLEGED THAT HE WAS INVOLVED IN ANY VIOLATIONS, BASED UPON INDUSTRY RULES AND REGULATIONS. FURTHERMORE, MR. OUTLAW DISAGREES WITH THE CONTENTS OF ROTHSCHILD'S CLAIM AGAINST HIM.

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