Disclosure Events
The Following Types Have Been Reported
- 1 Regulatory Event
- 1 Customer Dispute
- 1 Termination
Jacob Robert Craton CRD
Jacob Robert Craton FINRA CRD
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Regulatory Event
| Reporting Source | Employing Firm | Allegations | MONETARY SANCTIONS | ||
|---|---|---|---|---|---|
| Regulator | UBS Financial Services INC | Findings stated that Craton deprived the firm of the opportunity to act in accordance with its system and procedures by changing the terms of an order to bypass principal review and approval | $5,000 |
Pending Customer Disputes
| Reporting Source | Employing Firm | Allegations | Alleged Damages | ||
|---|---|---|---|---|---|
| Firm | UBS Financial Services INC | Misrepresented stock and short option positions, and that the recommendation of those positions were inconsistent with his investment objectives, risk tolerance and financial resources | $499,000 |
| Docket/Case # | Date Notice | ||||
|---|---|---|---|---|---|
| 16-03754 | 01-04-17 |
Employment Separation After Allegations
| Reporting Source | Employing Firm | Allegations | Alleged Damages | ||
|---|---|---|---|---|---|
| Firm | UBS Financial Services INC. | Mr. Craton’s employment was terminated on July 30th 2012 when management lost confidence in his ability to perform the responsibilities of his role. | – |
| Docket/Case # | Date Notice | ||||
|---|---|---|---|---|---|
| 17-00474 | 02-17-17 |