DeJohn, who has 21 years of experience as a broker, is accused of putting his bus pass on the card for six months and falsely representing that the expenses were related to client visits. “These expenses were personal expenses that were not eligible for reimbursement as business expenses under BMO’s policies,” Finra said, according to the article
DeJohn is no longer registered. The suspension is for eight months.
DeJohn did not admit or deny the allegation, but agreed to the disciplinary actions.