Ex-LPL-affiliated compliance officer suspended over $1m transfer

Jeffrey K. Kirkpatrick was sanctioned for his activity at an RIA his business partner allegedly used to steal money from clients to buy an estate.

The chief compliance officer at an RIA formerly affiliated with LPL Financial was suspended this week by the Financial Industry Regulatory Authority (Finra) and fined for his activity at the firm, which was involved in a $1.7m fraud scheme.

Jeffrey K. Kirkpatrick, who was head of compliance and a principal at Dacula, Ga.-based.

( This news/press release has not been altered by investment.net, apart from the headline, and has been obtained from a syndicated source:- https://citywire.com/ria/news/ex-lpl-affiliated-compliance-officer-suspended-over-1m-transfer/a2425919)