The allegations read: Hixon was named a respondent in a finra complaint alleging that he failed to provide a complete response to finra's requests for information and documents in connection with its investigation into the circumstances of his termination from his member firm. The complaint alleges that hixon's member firm filed a uniform termination notice for securities industry registration (form u5), disclosing that he had been terminated as a result of concerns that he borrowed from a customer and asked two other persons, one a customer and one a co-worker, for a loan. Hixon failed to provide complete responses to finra's requests. First, hixon failed to provide any documents relating to his receipt of funds in connection with a loan he obtained from a certain customer. Second, hixon failed to provide copies of any loan agreements or other documents relating to the loan. Third, hixon failed to provide any documents evidencing his claimed repayment of the loan. Fourth, hixon failed to confirm whether, apart from the two customers named in finra's requests, he had solicited or obtained loans from any other customers or coworkers. Last, if hixon had solicited other loans, he failed to indicate the intended purpose of any such loans. The missing information and documents are material to finra's investigation into whether hixon improperly borrowed from a customer, whether he repaid that customer, and whether and why he solicited other customers and coworkers for loans.
