Tyrel L. Sipe— Refusing to Appear for Testimony Regarding His Discharge
Tyrel L. Sipe Allegedly Refused to Appear for Testimony Regarding His Discharge from W&S Brokerage Services, Inc.
Tyrel L. Sipe allegedly refused to appear for testimony regarding his discharge from W&S Brokerage Services, Inc. (WSBS), according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC).
Starting on May 6, 2015, FINRA staff sent requests to Sipe that he appear in person to give testimony in Philadelphia regarding his discharge from WSBS, according to the AWC.
Tyrel L. Sipe Barred by FINRA from Associating with Any Member Firm in Any Capacity
Tyrel L. Sipe reportedly e-mailed FINRA staff on May 14, 2015 that he would not appear to give on-the-record testimony, and thus violated FINRA Rules, according to the AWC.
As a result of the aforementioned behavior, Sipe has been barred by FINRA from associating with any FINRA Member Firm in any capacity.
In April 2013, the AWC reports, Sipe completed and signed a Uniform Application for Securities Industry Registration or Transfer seeking to become registered with FINRA through W&S Brokerage Services, Inc. On January 27, 2014, WSBS filed a Form U5 terminating Sipe, who has not been associated with any member firm since January 27, 2014, but remains subject to FINRA’s jurisdiction, according to the AWC.
The Peiffer Wolf Carr & Kane Securities Lawyers Help Investors
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of broker misconduct. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of broker misconduct may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (585) 310-5140.