NOTE: Stipulations of Fact and Consent to Penalty (SFC); Offers of Settlement (OS); and Letters of Acceptance Waiver, and Consent (AWC) are entered into by Respondents without admitting or denying the allegations, but consent is given to the described sanctions & to the entry of findings. Additionally, for AWCs, if FINRA has reason to believe a violation has occurred and the member or associated person does not dispute the violation, FINRA may prepare and request that the member or associated person execute a letter accepting a finding of violation, consenting to the imposition of sanctions, and agreeing to waive such member's or associated person's right to a hearing before a hearing panel, and any right of appeal to the National Adjudicatory Council, the SEC, and the courts, or to otherwise challenge the validity of the letter, if the letter is accepted. The letter shall describe the act or practice engaged in or omitted, the rule, regulation, or statutory provision violated, and the sanction or sanctions to be imposed.

Jeffrey David Guckert
2007008174801

Guckert promised in an oral agreement to provide a financial service plan to a customer for two years and, instead of complying with the terms of the agreement and forwarding the customer’s funds to his member firm’s corporate office, Guckert endorsed the check and deposited it in an unknown account. Guckert provided some financial planning advice to his customer over a short time period, but resigned from his firm without notifying the customer that he would not be providing further services, and failed to return any of the funds paid by the customer for the agreed-upon services. 

Jeffrey David Guckert: Barred