The Financial Industry Regulatory Authority barred an ex-Merrill Lynch rep from associating with any FINRA member in any capacity after he refused to provide the self-regulatory organization with documents and information it requested as part of an investigation, according to FINRA.
FINRA was probing Peter Vincent Ianace’s “potential failure to disclose outside business activities” while he was with Merrill Lynch, FINRA said. Ianace joined the firm in 2011 but “voluntarily resigned” in December 2019, according to FINRA.
Without admitting or denying the findings, Ianace signed a FINRA letter of acceptance, waiver and consent Aug. 23. FINRA accepted the letter Thursday.
Merrill Lynch declined to comment Friday. Ianace did not immediately respond to a request for comment.