Former Newport, Revere rep barred for failure to testify

George Dahl appeared at Finra hearing but did not provide requested testimony.

Finra has barred former registered representative George Dahl for failure to provide testimony to its staff at a hearing that was looking into his conduct.

In March 2016, the Financial Industry Regulatory Authority Inc. issued a letter of acceptance, waiver and consent through which Mr. Dahl consented to several findings: that he willfully failed to timely amend his Form U4, performed outside business activities for compensation without providing written notice to his firm, executed unauthorized trades in a customer’s account, and caused his employer to maintain inaccurate books and records. At the time, Mr. Dahl was suspended from associating with a Finra member firm in any capacity for nine months and fined $20,000.

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Mr. Dahl spent 44 years in the securities industry. He was most recently registered with Revere Securities for a year in 2015. Previous registrations include Newport Coast Securities (2010-14), Wedbush Securities (2007-10), Brookstreet Securities (2006-07), the Seidler Cos. (2005-06), RBC Dain Rauscher (2002-05), Sutro & Co. (1998-2002), Smith Barney (1993-98), Lehman Brothers (1984-93), J. David Securities (1983-84), Bateman Eichler Hill Richards (1981-83), Paine Webber Jackson & Curtis (1975-81) and Dean Witter & Company (1971-75).

He is currently not registered with any firm.

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