FINRA

Hanshew was named a respondent in a FINRA complaint alleging that he failed to provide a complete response to FINRA's requests for information and documents during the course of its investigation into concerns that he was engaged in various sales practice violations involving senior investors, as well as failures to disclose OBAs, and judgments and liens while he was associated with his member firm. The complaint alleges that FINRA requested that Hanshew provide information about his facilitating receipt and/or distribution of funds with various individuals and entities, lending arrangements and communications with investors, OBAs, financial accounts, tax returns, Internet Protocol address(es) and Internet Service Providers, and certain judgments or liens. In a response letter, Hanshew submitted certain information and documents to FINRA, however his response was incomplete. Hanshew has not further responded to FINRA, and as a result, he is currently suspended from associating in any capacity with any FINRA member.

Decision

Bar (Permanent)

All Capacities

Indefinite

8/22/2022

Default decision rendered July 25, 2022, wherein Hanshew is barred from association with any FINRA member in all capacities. The sanction is based on the findings that Hanshew failed to fully and timely provide information and documents requested by FINRA in connection with its investigation into whether he had engaged in various sales practice violations involving senior investors and failed to disclose outside business activities, judgments, and liens, while he was associated with his member firm. The findings stated that although Hanshew provided some of the information and documents requested by FINRA, he failed to provide an extensive amount of the requested information and documents. The information sought (and not provided) was material to FINRA's investigation and necessary to complete FINRA's regulatory mandate to fully investigate potential rule violations and to protect the investing public. The decision is final on August 22, 2022.

FINRA

Respondent Hanshew failed to respond to FINRA request for information.

Letter

Suspension

All Capacities

Indefinite

Continues until required information is provided to FINRA or the suspension converts to a bar.

10/8/2021

Pursuant to FINRA Rule 9552 and in accordance with FINRA's Notice of Suspension letter dated September 14, 2021, Hanshew is suspended on October 8, 2021 from associating with any FINRA member firm in all capacities. If Hanshew fails to request termination of the suspension within three months of the date of the Notice of Suspension, he will automatically be barred on December 17, 2021 from association with any FINRA member in all capacities pursuant to FINRA Rule 9552(h).

INFINITY FINANCIAL SERVICES

Permitted to Resign

REGISTERERED REP HAD PHOTO COPIES OF CLIENT RECORDS AND NO ORIGINALS AT THE BRANCH.

LETTER OF CAUTION ISSUED FOR DEFICIENCIES FOR CAUSE EXAMINATION OF INFINITY FINANCIAL SERVICES HANSHEW BRANCH. MATTER IS CLOSED.

CLIENT SAID SHE TOLD HER FINANCIAL ADVISOR, GREG HANSHEW, SHE DID NOT AUTHORIZE MONEY TO BE INVESTED IN HER JACKSON NATIONAL VARIABLE ANNUITY DURING THE THIRTY DAY FREE LOOK PERIOD. Annuity purchase date November 16, 2015. December 17th requested a free look. February 25, 2016 client complained via email.

$5,300.00

[CUSTOMER] SIGNED FOR IMMEDIATE INVESTEMNT ON A VARIABLE ANNUITY APPLICATION. THE CLIENT BECAME CONCERNED OVER A 7 YEAR SURRENDER FEE, GREG HANSHEW SUGGESTED A FREE LOOK AND [customer]ACCEPTED. THE MARKET FLUCTUATION RESULTED IN A LOSS AND SUBSEQUENTLY A WRITTEN COMPLAINT.