Steven Caudle entered the financial industry in 1999 working for Prudential Securities. From there he worked for Merrill Lynch and IFMG before working for LPL Financial from 2008 to 2010.
On August 5, 2011 Caudle entered into a Letter of Acceptance, Waiver and Consent (AWC) with FINRA. According to the AWC, while employed at LPL, Caudle borrowed $55,000 from one of his customers in order to purchase real estate. Caudle failed to tell LPL about this loan. Inf act, Caudle lied on an LPL questionnaire which directly asked him if he had borrowed money from any of his customers. As a result was suspended from the financial industry for 90 days and fined $5,000.
Steve Caudle is not currently registered with any FINRA approved broker-dealer firm.