MERCER HICKS, III
Regulator actionUnited States. Named in 1 sanctions listing.
Sanctions and listings1
Official designation
Financial Industry Regulatory AuthorityUS FINRA Enforcement ActionsUnited States
05/19/2021: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. MERCER HICKS III (CRD No. 245170), Respondent. Disciplinary Proceeding No. 2017052867301 Hearing Officer-MC EXTENDED HEARING PANEL DECISION May 19, 2021 Respondent Mercer Hicks III is barred from associating with any FINRA member firm in any capacity for making unsuitable recommendations to five
12/20/2019: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Mercer Hicks III (CRD No. 245170), Respondent. Disciplinary Proceeding No. 2017052867301 COMPLAINT The Department of Enforcement (“Enforcement”) alleges: SUMMARY 1. Between June 1, 2014 and July 31, 2017, Hicks made unsuitable recommendations to five senior customers (three of whom were widows) to purchase speculative non-traded real estate investment trusts (“REITs”) and non-traded business development companies (“BDCs”). In addition, Hicks failed to conduct reasonable due diligence on the
Reference 2017052867301data-portal.finra.orgfinra.orgdata-portal.finra.org
Identifiers1
| Identifier | Number |
|---|---|
| ID number | 245170 |
Other names1
Also known as1
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