FINRA

Respondent Taylor failed to respond to FINRA request for information.

Letter

Bar (Permanent)

All Capacities

Indefinite

4/11/2016

Pursuant to FINRA Rule 9552(h) and in accordance with FINRA's Notice of Suspension and Suspension from Association letters dated January 7, 2016 and February 1, 2016, respectively, on April 11, 2016, Taylor 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.

MR. TAYLOR ENGAGED IN A PRIVATE SECURITIES TRANSACTION WITH SIX CLIENTS WITHOUT PROVIDING NOTICE TO OR RECEIVING APPROVAL FROM HIS BROKERAGE FIRM. MR. TAYLOR ASSISTED THESE SIX CLIENTS TO ESTABLISH SELF-DIRECTED IRA ACCOUNTS TO PURCHASE A WAREHOUSE. MR. TAYLOR DID NOT SOLICIT OR RECEIVE ANY COMPENSATION IN CONNECTION WITH THIS ASSISTANCE. HIS EMPLOYER, CAMBRIDGE, TERMINATED HIS ALLEGING THAT HE ENGAGED IN 'SELLING AWAY.' THEREAFTER, FINRA CONDUCTED AN INVESTIGATION BUT SINCE MR. TAYLOR HAD VOLUNTARILY GIVEN UP HIS LICENSES, HE CHOSE NOT TO RESPOND TO FINRA'S REQUEST FOR ADDITIONAL INFORMATION. PURSUANT TO FINRA RULE 9552(h) AND IN ACCORDANCE WITH FINRA'S NOTICE OF SUSPENSION AND SUSPENSION FROM ASSOCIATION LETTERS DATED JANUARY 7, 2016 AND FEBRUARY 1, 2016, RESPECTIVELY, ON APRIL 11, 2016, TAYLOR WAS 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.

Client alleges variable annuity he purchased was misrepresented by RR.

$20,476.86

CAMBRIDGE INVESTMENT RESEARCH, INC.

Permitted to Resign

REGISTERED REPRESENTATIVE ENGAGED IN PRIVATE SECURITIES TRANSACTION WITH CLIENT WITHOUT PROVIDING NOTICE TO AND RECEIVING APPROVAL FROM THE FIRM.

CAMBRIDGE WANTED ME TO SIGN AN AGREEMENT THAT SAID I WOULD NOT ASSIST OR DISCUSS ANY REAL ESTATE INVESTMENT WITH MY CLIENTS AND I FELT I COULD NOT HONOR THE AGREEMENT SO I RESIGNED TO ESTABLISH MY OWN RIA.