Former Morgan Stanley broker barred for unauthorized borrowing from clients
The broker borrowed $300,000 total from two clients in violation of Finra rules and firm policy.
A former Morgan Stanley broker has been barred from association with any Finra-regulated broker-dealer following receipt of two unauthorized loans from clients worth several hundred thousand dollars, according to a Finra enforcement notice filed Sept. 30.
The broker, Jeffrey Hunter Smith, borrowed $
Learn more about reprints and licensing for this article.