- December 28, 2021
- Mutual of Omaha Investor Services
Thomas Barton III (CRD#: 6908590) is a previously registered Broker and previously registered Investment Advisor.
He entered the securities industry in 2019 and previously worked for Mutual of Omaha Investor Services, Inc.; and Cambridge Investment Research, Inc.
Current And Past Allegations Of Conduct Leading To Investment Loss
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in December 2021, FINRA sanctioned Thomas Barton III, barring him from all capacities indefinitely beginning December 10, 2021. The FINRA sanction states, “Without admitting or denying the findings, Barton consented to the sanction and to the entry of findings that he electronically signed the names of individuals on fictitious insurance policy applications without their prior permission and submitted the forged applications to an insurance company. The findings stated that on each application, Barton designated his own bank account for the automatic premium payments. In addition, after one of the individuals contacted the insurance company and inquired about why she and her spouse had been issued policies, Barton claimed that the policies had been issued by mistake. Barton did not disclose one of the unauthorized applications.”
For a copy of the FINRA sanction, click here.
In addition, Thomas Barton III has been the subject of one employment disclosure:
- April 2021 – “Representative was terminated by the firm’s parent company for submitting unauthorized insurance applications, falsifying information and failing to follow e-signature procedures.” Thomas Barton III was separated from Mutual of Omaha Investor Services, Inc.
For a copy of Thomas Barton III’s FINRA BrokerCheck, click here.
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