Tr?id=566623520170033&ev=PageView&noscript=1

ÍøÆØ³Ô¹Ï

Former J.P. Morgan Advisor Receives Additional Sanctions For Misleading Testimony

Posted on August 3rd, 2023 at 1:18 PM
Former J.P. Morgan Advisor Receives Additional Sanctions For Misleading Testimony

From the Desk of Jim Eccleston at ÍøÆØ³Ô¹Ï.

Last year, a J.P. Morgan advisor, Howard S. Rothman, was required to pay $100,000 due to alleged perjury during a contentious arbitration with his former partner. 

Recently, the Financial Industry Regulatory Authority (FINRA) imposed disciplinary sanctions on Rothman for providing misleading testimony in an arbitration related to his team's transition from UBS ÍøÆØ³Ô¹Ïalth Management USA to J.P. Morgan in 2019. 

Specifically, FINRA suspended Rothman for six months and issued a $5,000 fine. The violation was related to Rothman's misleading statements about the creation of certain exhibits during a May 2022 arbitration hearing. Rothman's misleading testimony violated FINRA's catch-all Rule 2010 requiring “high standards of commercial honor.” Rothman accepted the penalties without admitting or denying FINRA's allegations. 

ÍøÆØ³Ô¹Ï LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

Related Attorneys: James J. Eccleston

Tags: Eccleston, ÍøÆØ³Ô¹Ï, J.P Morgan. FINRA

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

I cannot thank you enough for your guidance. It's a good feeling knowing someone is fighting for you.

Matt J.

LATEST NEWS AND ARTICLES

1783615970 Law
July 9, 2026
FINRA Suspends Former Branch Manager for Supervisory Failures Linked to Excessive Trading and Churning

A former regional branch manager at a broker-dealer has agreed to Financial Industry Regulatory Authority (FINRA) sanctions after the regulator found that he failed to supervise registered representatives who engaged in excessive trading and churning of customer accounts.

1783525964 Law
July 8, 2026
SEC Sanctions David Lerner Associates for Regulation Best Interest Violations

David Lerner Associates has agreed to settle Securities and Exchange (SEC) charges alleging violations of Regulation Best Interest (Reg BI) that resulted in unnecessary costs to retail investors, according to InvestmentNews.

1783434190 Law
July 7, 2026
Private Credit Funds Face Mounting Redemption Pressure as Investor Sentiment Shifts

A surge in investor redemption requests has intensified pressure on private credit funds, raising concerns about liquidity and long-term stability across the asset class, as reported by The Wall Street Journal.