Fired Morgan Stanley Broker, Now With Connecticut RIA, Accepts Industry Bar

NodeGuardian · 2026-03-12T09:20:48+00:00

Gregory V. Matthews, a veteran advisor fired by Morgan Stanley, has accepted an industry bar from FINRA for not cooperating with investigations into unauthorized trading practices. He continues to hold an investment advisor license after joining Procycon.

NodeGuardian

2026-03-12 09:20:48

Abstract generation in progress

A 38-year veteran advisor, Gregory V. Matthews, who was fired by Morgan Stanley last year, has accepted an industry bar from FINRA. This action follows his refusal to cooperate with an investigation into allegations of exercising discretion without prior written authorization in customer accounts and concerns about trading frequency and order ticket accuracy. Matthews, who joined Connecticut-based RIA Procycon after his termination, will retain his investment advisor license as the FINRA bar does not affect it.

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