FINRA’s Allegations Regarding Spivey

According to a recent Letter of Acceptance, Waiver, and Consent (AWC) filed by FINRA, the regulator was investigating whether Spivey’s investment recommendations were in the best interests of a customer.  FINRA requested that he appear for an on-the-record interview, but he acknowledged that he would not appear for the interview.  Under FINRA Rule 8210, FINRA barred him from the securities industry.

Background on Donald Spivey

From 2005 to October 2023, Donald Spivey had been a representative of Carter Terry & Company.  He was assigned to a Camden, South Carolina office.  He also previously worked with Morgan Stanley, Paine Webber, and other firms.

Responsibility for Spivey’s Conduct

Carter Terry & Company has an obligation to review its advisors’ conduct and take necessary action if potential securities violations are involved.  If the firm fails to adequately do so, it could be responsible for any investor losses.

Who Should I Call if I Lost Money with Donald Spivey in South Carolina?

Call the securities firm of Israels & Neuman at 720-599-3505. Our securities arbitration law firm represents investors throughout the country, including in South Carolina.  If you were a client of Donald Spivey or other advisor, and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration. Act now, as statutes of limitations may be running out.

• View Donald Spivey FINRA AWC
• View his BrokerCheck Report

Contact Us for a Free and Confidential Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 to speak directly with an experienced lawyer.