Red Flags
1
John C. Howley
Howley’s career ended in disgrace due to a history of financial misconduct, regulatory violations, and customer disputes, culminating in a permanent industry ban.
Quick summary on John C. Howley
Selling Unregistered Securities:
John C. Howley was found guilty of selling unregistered securities, violating essential investor protection laws. This unethical practice exposed clients to high risks without proper regulatory oversight.
Acting as an Unregistered Agent:
Despite the strict regulations governing brokers, Howley operated as an agent without proper registration. This unauthorized activity misled clients and violated financial industry standards.
Non-Compliance with Firm Policies:
Howley repeatedly disregarded company policies at Park Avenue Securities, engaging in unauthorized private securities transactions and referring clients to unsanctioned investments. His non-compliance ultimately led to his termination.
Employment Termination Due to Violations:
Howley was terminated from Park Avenue Securities in October 2018 for serious breaches, including failing to disclose private transactions and directing clients to unauthorized investments. Such actions highlight his lack of ethical responsibility.
Regulatory Sanctions and Fines:
In December 2021, the New Jersey Bureau of Securities imposed severe penalties on Howley, including:
A civil and administrative fine of $85,000.
Revocation of exemptions under New Jersey state laws.
These penalties reflect the serious nature of his violations.
by: Jacob Ashford
John C. Howley out here proving why people don’t trust financial advisors. Yikes.
by: Mason Prescott
I trusted John Howley, and that was my biggest mistake. He’s all talk, no ethics.
by: Emily Blackwood
If stealing from people was a profession, John C. Howley would be CEO. Smh.
by: Isabella Delaney
John C. Howley straight-up scammed me. Took my trust, took my money, and disappeared. Unbelievable.