Trust and transparency are the cornerstones upon which clients rely in the financial services industry. Financial advisors are expected to adhere to these principles and maintain the highest ethical standards. However, in a recent matter involving Jermaine K. Benjamin, formerly registered with Raymond James Financial Services, questions about compliance have arisen.
The Allegations
Jermaine K. Benjamin has come under scrutiny due to allegations of unauthorized transactions and misappropriation/defalcation. These serious allegations were brought to light when the FINRA member firm filed an amended Form U5, disclosing a written customer complaint related to these issues.