FINRA

Respondent Painter failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Letter

Suspension

Any capacity

n/a

4/26/2016

Pursuant to Article VI, Section 3 of FINRA By-Laws, and FINRA Rule 9554, Respondent Painter is suspended on April 26, 2016 for failure to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

FINRA

Respondent Painter failed to respond to FINRA request for information.

letter

Bar (Permanent)

All Capacities

Indefinite

2/1/2016

Pursuant to FINRA Rule 9552(h) and in accordance with FINRA's Notice of Suspension and Suspension from Association letters dated October 28, 2015 and November 23, 2015, respectively, on February 1, 2016, Painter is barred from association with any FINRA member in any capacity. Respondent failed to request termination of his suspension within three months of the date of the Notice of Suspension; therefore, he is automatically barred from association with any FINRA member in any capacity.

THE CLIENT'S ATTORNEY ALLEGES A FAILURE TO FOLLOW INSTRUCTIONS AS THE ATTORNEY STATES SHARES SHOULD HAVE BEEN PURCHASED AND NOT TRANSFERRED. TIME FRAME: JANUARY 14, 2015.

$35,000.00

$17,500.00

$21,260,789.00

Tax

MY ACCOUNTANT(S) AND I ARE IN AGREEMENT THAT THE IRS ISSUE IS SETTLED AS SOON AS THE IRS FINISHES REVIEWING THE ACCOUNT. I HAVE USED 2 ACCOUNTS AND BOTH AGREE. IT HAS BEEN OVER A YEAR AND NEXT TO IMPOSSIBLE TO GET AN ANSWER FROM THE IRS. BOTH I AND MY ACCOUNTS HAVE SPENT HOURS ON HOLD TALKING TO NUMEROUS DEPARTMENTS (THE RUNAROUND) ATTEMPTING TO GET THE LIENS RELEASED. THE BOTTOM LINE IS THAT THE IRS OWES ME REFUNDS OF $70,000+. I WILL FOCUS ON GETTING THIS RESOLVED ASAP.

$1,761.00

Civil