In August 2005, David Matthew Lisnek entered the securities industry with Wddell & Reed, Inc. Mr. Lisnek joined LPL Financial in September 2004. On November 12, 2013, LPL Financial terminated his employment. Mr. Lisnek is currently no longer registered with any FINRA member.
On January 29, 2014, David Lisnek entered into a letter of acceptance, wavier and consent (No. 20130390536) with the Financial Industry Regulatory Authority, or FINRA. According to the AWC, Mr. Lisnek failed to cooperate with a FINRA investigation into his alleged misappropriation of customer funds. Mr. Lisnek’s lack of cooperation in the investigation is a FINRA Rule violation. Specifically, FINRA Rule 8210 required David Lisnek to provide documents, information and/or testimony with respect to any matter involved in a FINRA investigation.
As a result of the foregoing activity, David Lisnek consented to a bar from associating with any FINRA firms. For more information on Mr. Lisnek bar, please visit FINRA’s website.