According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), Cheryle Anne Brady violated securities laws. Allegedly, Brady had her assistant place ten trades in nine of her customer’s accounts. These trades were placed without obtaining the customer’s approval. Brady then falsely stated that she had contacted the customers before the trades were placed when she was investigated by her firm, Ameriprise. This is against securities laws and internal firm rules. For this, she was suspended for six months and fined $7,500. According to public records with FINRA, Brady was previously registered with Pioneer Funds, LPL, A.G. Edwards & Sons, UBS, RBC and Ameriprise in Hingham, Massachusetts from January 2012 until October 2016. She has three customer disputes against her, and is currently not registered within the industry.
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