Finra bars former AXA broker for no-show

Adam Ocner allegedly took funds from branch manager.
NOV 07, 2017
By  Bloomberg

The Financial Industry Regulatory Authority has barred Adam Ocner, a former broker with AXA Advisors, for not providing the organization with information it requested. Finra, in a letter of acceptance, waiver and consent, said that it was investigating whether Mr. Ocner misappropriated funds from his branch office manager's fund at AXA Advisor's Baltimore office. He was employed there from May 2015 through September 2016, when his employment was terminated. Mr. Ocner began his securities career at Merrill Lynch in 2012 and stayed two years. After his termination at AXA, he moved to UBS in January 2017, and was terminated in May. He is no longer associated with a Finra member firm.

Latest News

The power of cultivating personal connections
The power of cultivating personal connections

Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.

A variety of succession options
A variety of succession options

Whichever path you go down, act now while you're still in control.

'I’ll never recommend bitcoin,' advisor insists
'I’ll never recommend bitcoin,' advisor insists

Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.

LPL raises target for advisors’ bonuses for first time in a decade
LPL raises target for advisors’ bonuses for first time in a decade

“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.

What do older Americans have to say about long-term care?
What do older Americans have to say about long-term care?

Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound