Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on November 1, 2018 indicate that former Arkansas-based MML Investors Services broker/adviser Matthew White has been sanctioned by state regulatory authorities in connection to alleged rule violations and is currently not registered as a broker with any state or firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. White (CRD# 5365185).
Matthew White has spent nine years in the securities industry and was most recently registered as a broker with MML Investors Services in Little Rock, Arkansas (2015-2018). He has been registered as an investment adviser with White McGowan in Little Rock, Arkansas since October 10, 2018. He was previously registered with Northwestern Mutual Investment Services in Little Rock, Arkansas (2009-2015). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 29, 2015; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on October 28, 2009; SIE (Securities Industry Essentials Examination), which he obtained on June 7, 2018; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on January 26, 2009. He is currently not registered as a broker with any state or firm.
According to his BrokerCheck report, Matthew White was terminated from a former employer in connection to alleged rule violations and was recently sanctioned by state regulators.
In June 2018 the State of Arkansas sanctioned him n connection to allegations he arranged five “real estate business ventures” and disclosed these as business activities when they should have been classified as private securities transactions. He was issued a fine of $5,000 and ordered to take “necessary efforts” to ensure that his activities complied with registration and filing requirements.
In May 2018 he was terminated from his position at MassMutual in connection to allegations he failed to adequately disclose certain outside activities, as well as those activities’ “relationship to company business.”
If you have lost money investing with Matthew White, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited by law, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.