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Glenn E. Backus

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CRD#: 873999
GB

Professional summary


Glenn Edward Backus was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Glenn is a previously registered financial professional and started their career in finance in 1979. Prior to being barred, Glenn had worked at 4 firms, which includes VELASCO SECURITIES INC., LARA SHULL & MAY LTD, ALEX. BROWN & SONS INCORPORATED, MERRILL LYNCH PIERCE FENNER & SMITH 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

May 21, 1996 - June 10, 1997

VELASCO SECURITIES, INC.

BD
CRD#: 29863
ARLINGTON, VA
Past

November 9, 1993 - March 11, 1996

LARA, SHULL & MAY, LTD

BD
CRD#: 10556
FALLS CHURCH, VA
Past

June 19, 1989 - June 2, 1993

ALEX. BROWN & SONS INCORPORATED

BD
CRD#: 20
Past

November 23, 1979 - May 25, 1989

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

BD
CRD#: 7691
NEW YORK, NY

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: 3/5/1980
Uniform Securities Agent State Law Examination
General Industry/Product Exam

Current Firm


VS
VELASCO SECURITIES, INC.
RYAN, HARTLEY & LEE, INC. | WESTPARK SECURITIES, INC. | VELASCO SECURITIES, INC. | RYAN, LEE & CO., INC.

CRD#: 29863 / SEC#: , 8-44720

BD
Terminated by SEC on 05/14/2005
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Contact information


Main Address
Mailing Address
Phone number
Established
Virginia since 06/25/1991
Firm type
Corporation
Fiscal year end
June
# of Employees

Documents


Direct owners and executive officers


NamePositionCRD#
LEE, WAYNE MILTONCHAIRMAN1951741
VELASCO GROUP, L.L.C.SHAREHOLDER
CLANCY, ELAINE MICHELLENONE - U5 FILED2551753
DEVENS, HARRY J.SECRETARY4006044
MCCLURE, JEFFREY MILTONPRESIDENT2978898
SHERIDAN, STANLEY ALDENFINANCIAL OPERATIONS PRINCIPAL1544280

Disclosures


Arbitration1

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


VELASCO SECURITIES, INC.

CRD#: 29863

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