The allegations read: Gesdorf was suspended by finra for failing to disclose to his employer finra-registered firms that (i) he had acted in a fiduciary capacity for firm customers and/or had a financial interest in amy firm customer accounts and (ii) he received gifts totaling approximately $30,300 from clients.
in illinois, registration of a salesperson may be suspended or revoked if the secretary of state finds that such salesperson has had membership in or association with a self-regulatory organization like finra suspended, revoked, refused, expelled, cancelled, barred, limited in any capacity, or otherwise adversely affected.
