FINRA Permanently Bars David W. Olson

In a review of FINRA’s disciplinary actions for May, 2018, Barnes Walker has learned that David Olson, who was registered with Morgan Stanley in St. Petersburg, FL, has been permanently barred from the broker industry. Olson has been involved in six customer disputes during his 29 years in the securities industry. He was initially suspended by FINRA on March 14, 2018 for failure to comply with FINRA’s request for additional documents and information needed to investigate allegations leveled against him concerning his involvement in an undisclosed outside business and his solicitation of a loan from his member firm’s customer. This failure to comply resulted in Olson’s being permanently barred from association with any FINRA member in all capacities.

If you were a customer of Olson and believe you may have a complaint against him, call Andre Perron at 741-827-2228.