The Monetary Business Regulatory Authority Inc. has barred Julie Ann Mineard, a former registered assistant at Merrill Lynch in Seattle, for protecting $24,044 from the account of the rep she labored for, as a substitute of paying his private payments as he requested.
Ms. Mineard, who was discharged in 2017 after 16 years with Merrill Lynch, submitted 4 examine requests for the disbursement of funds from one in all her adviser’s brokerage accounts on the agency on three dates in the course of the summer time of 2017. The requests, within the quantities of $four,744, $2,500, $three,800, and $13,000, have been made with out the rep’s prior information or authorization after which deposited to financial institution accounts belonging to Ms. Mineard. She subsequently used the funds for her private bills.
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Ms. Mineard is now not employed within the securities trade.
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