FINRA has barred former LPL Financial LLC broker Jason LaBelle from the securities industry. Mr. LaBelle was expelled from the brokerage industry for failing to provide information requested pursuant to FINRA Rule 8210, in connection with a FINRA investigation of Mr. LaBelle’s possible violation of a prior AWC.
Back in January 2020, FINRA accepted an AWC in which Mr. LaBelle consented to the entry of findings that, while associated with LPL, he participated in an outside business activity without having provided prior written notice to his firm. The AWC suspended Mr. LaBelle from associating with any FINRA member firm in all capacities for three months and imposed a $5,000 fine.
By refusing to produce information and documents, Mr. LaBelle violated FINRA Rules 8210 and 2010.