John Griner (CRD #: 1024669), a broker registered with Benjamin Edwards & Company, consented to a 15-day FINRA suspension, according to his BrokerCheck record, accessed on February 26, 2021.
On January 7, 2021, John Griner entered into an Acceptance, Waiver & Consent agreement (AWC) in which he consented to the findings that he affected trades in investor accounts without first obtaining written authorization from his investors. Additionally, Morgan Stanley (his member firm) had not approved the accounts for discretionary trading. This is a violation of FINRA Rule 3260, which addresses how brokers are to handle discretionary trading. In the AWC, Griner consented to a fine of $5,000 and a 15-day suspension. You can read a copy of his AWC here.
John Griner: More Than One BrokerCheck Disclosure
On October 29, 2019, John Griner voluntarily resigned from Morgan Stanley following allegations that certain transactions were not properly confirmed with clients beforehand.
Griner has passed the Series 66 Uniform Combined State Law Examination, the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 5 Interest Rate Options Examination, the Series 7 General Securities Representative Examination, and the Series 8 General Securities Sales Supervisor Examination (Options Module & General Module). He is a registered broker in Florida, Georgia, North Carolina, South Carolina, and Wisconsin. He is also a registered investment adviser in Georgia.
John Griner has registered with five firms during his 39-year career.
- Benjamin F Edwards & Company (CRD #: 146936)
- Morgan Stanley (CRD #: 149777)
- Wells Fargo Advisors (CRD #: 19616)
- A.G. Edwards & Sons (CRD #: 4)
- Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691)
If John Griner was your broker and you are concerned trades were made in your account without authorization, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email email@example.com for a free case consultation with a securities attorney.