Jennifer L. Basey

03/24/2020: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2019064947501 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Jennifer L. Basey, Respondent General Securities Representative CRD No. 4730054 Pursuant to FINRA Rule 9216 of FINRA’s Code of Procedure, I, Jennifer L. Basey, submit this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

Reference 2019064947501data-portal.finra.orgfinra.org

05/29/2026: Basey paid two customers a total of more than $1,300 to settle complaints without her member firm’s knowledge or consent on three different occasions between July 2021 and June 2023. As a result, Basey violated FINRA Rule 2010. Stifel was initially unaware of these complaints or payments because Basey did not report them. Instead, Basey falsely stated in a November 2021 firm compliance questionnaire that she had not received any customer complaints in the past 12 months. Basey also communicated with these customers using an unapproved electronic communications channel not captured or supervised by the firm. By causing Stifel to maintain incomplete books and records, Basey violated FINRA Rules 4511, 4513 and 2010. For these violations, Basey is suspended in all capacities for three months and fined $10,000.

Reference 2023080557601finra.orgdata-portal.finra.org