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Arnold R. Durant

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CRD#: 716150
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Professional summary


Arnold Reed Durant was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Arnold is a previously registered financial professional and started their career in finance in 1980. Prior to being barred, Arnold had worked at 6 firms, which includes TEJAS SECURITIES GROUP INC., PRINCIPAL FINANCIAL SECURITIESINC., DFW CLEARING INC., REPUBLICBANK SECURITIES COMPANY INC., FIDELITY BROKERAGE SERVICES LLC, UNDERWOOD NEUHAUS & CO. INCORPORATED.

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

Aliases


None

Other business activities


Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
The advisor shows no other business activity.

Blog Corner


CRS (Client Relationship Summary)


The CRS(Customer Relationship Summary) document is not provided.

Certified licenses


Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
None

Experience


Past

December 3, 1998 - January 4, 2007

TEJAS SECURITIES GROUP, INC.

BD
CRD#: 36705
AUSTIN, TX
Past

March 24, 1988 - January 4, 1996

PRINCIPAL FINANCIAL SECURITIES,INC.

BD
CRD#: 260
DALLAS, TX
Past

April 24, 1987 - March 29, 1988

DFW CLEARING, INC.

BD
CRD#: 7736
Past

May 2, 1986 - April 27, 1987

REPUBLICBANK SECURITIES COMPANY, INC.

BD
CRD#: 16874
Past

October 8, 1982 - April 13, 1984

FIDELITY BROKERAGE SERVICES LLC

BD
CRD#: 7784
Past

September 23, 1980 - February 17, 1982

UNDERWOOD, NEUHAUS & CO., INCORPORATED

BD
CRD#: 839

State Registrations and Notice Filings


Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Exams


State Security Law Exam
RR
Series 63
Date: 8/22/1980
Uniform Securities Agent State Law Examination
General Industry/Product Exam
RR
Series 55
Date: 3/11/2003
Limited Representative-Equity Trader Exam
General Industry/Product Exam
Principal/Supervisory Exam
RR
Series 14
Date: 10/25/1989
Compliance Officer Examination
Principal/Supervisory Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
RR
Series 24
Date: 10/22/1985
General Securities Principal Examination

Current Firm


TS
TEJAS SECURITIES GROUP, INC.
TEJAS SECURITIES GROUP, INC.

CRD#: 36705 / SEC#: , 8-47433

BD
Terminated by SEC on 11/29/2014
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Contact information


Main Address
Mailing Address
Phone number
Established
Texas since 03/02/1994
Firm type
Corporation
Fiscal year end
December
# of Employees

Documents


Direct owners and executive officers


NamePositionCRD#
TEJAS SECURITIES GROUP HOLDING COMPANYOWNER
CUCKLER, MICHAEL LEECHIEF COMPLIANCE OFFICER/CHIEF FINANCIAL OFFICER2139887
RANDOLPH, JOHN SCOTTCEO/DIRECTOR/DIRECTOR OF TRADING1848519
WOLF, MICHAEL CHRISTOPHERDIRECTOR1307998

Disclosures


Regulatory Event18

Red Flags


Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

Company Information


TEJAS SECURITIES GROUP, INC.

CRD#: 36705

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