Finra Bars Broker Who Lost Job After Felony Indictment

A previous broker at Horace Mann Securities, who was prosecuted in March on a federal felony charge and fired quickly afterward, has been disallowed from the market by u4 Finra for cannot reveal info associated with its examination of his termination.

Cock P. Wollman, who started his securities profession at AXA Advisors in 2002, signed up with Horace Mann in 2007. The company, based in Springfield, Ill., concentrates on insurance and financial investments for teachers.

In a letter of approval, waiver and permission, the Financial Industry Regulatory Authority Inc. stated an indictment had been submitted versus Mr. Wollman on March 22, 2017, but that he had cannot alert his company of the action as needed by Finra guidelines. Mr. Wollman, whose pending charges are not securities related, informed Finra that he did not mean to look for additional work in the securities market.