Dan Jon Carpenter agreed to a settlement with FINRA that he be permanently barred from acting as a broker or associating with any FINRA member firm in any capacity.
According to his BrokerCheck report, Mr. Carpenter was “permitted to resign” from Northwestern Mutual Investment Service “as a result of an internal review that determined [Carpenter] received compensation for an undisclosed outside business activity.” The report further reveals that Mr. Carpenter has been subject to three customer complaints involving representations regarding an investment in Clear View Technologies.
According to FINRA’s Letter of Acceptance, Waiver, and Consent (“AWC”), No. 2015044304601, FINRA launched an investigation “of the conduct that gave rise to Carpenter’s termination from Northwestern” in January 2015. On February 29, 2016, FINRA staff requested that Mr. Carpenter cooperate with their investigation and appear to provide on-the-record testimony to support FINRA’s investigation. Mr. Carpenter refused to appear and instead consented to the imposition of a bar from association with any FINRA member in any capacity.
Mr. Carpenter worked for Northwestern from December 2004 until he was permitted to resign in January 2015.
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