FINRA Bars Rachel Chapman for Alleged Refusal to Provide Testimony

Rachel Chapman (CRD #: 6058136), a broker formerly registered with Artist Capital, has been barred by FINRA, according to her BrokerCheck record, accessed on December 2, 2024. Keep reading to learn more about her alleged conduct as a broker.

Bar by FINRA

In a Letter of Acceptance, Waiver & Consent (AWC) filed on November 26, 2024, Rachel Chapman consented to the entry of findings that she allegedly refused to appear for on-the-record testimony in connection with a FINRA investigation into her firing from Artist Capital.

The firm filed a Uniform Termination Notice for Securities Industry Registration (Form U5) alleging that she misused a corporate card.

FINRA determined that this alleged refusal to provide testimony constituted a violation of FINRA Rules 8210 and 2010.

FINRA Rule 8210

FINRA Rule 8210 requires members to provide documents, information, and testimony upon request by FINRA.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Sanctions

FINRA permanently barred Rachel Chapman starting November 26, 2024. You can read the full AWC here.

Termination from Artist Capital

On November 1, 2023, Rachel Chapman was fired from Artist Capital for allegedly misusing a corporate credit card to charge personal expenses while acting as an office administrator.

Background Information

Rachel Chapman has passed the following exams:

• Operations Professional Examination – Series 99TO
• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Securities Agent State Law Examination – Series 63

She previously worked for Artist Capital (CRD#:153937).

Kurta Law Can Help

If you worked with Rachel Chapman and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.