Roy Kevin Williams Fired by Stifel Nicolaus & Company

INDIANAPOLIS, INDIANA

Are you a former client of Roy Kevin Williams, formerly with Stifel Nicolaus & Company in Indianapolis, Indiana?  Roy Kevin Williams was fired by Stifel Nicolaus & Company in May 2023.  The brokerage firm alleged that Williams borrowed money from a customer between 2019 and 2023 and also paid $59,000 to settle a case to a customer who complained that Roy Williams borrowed money from that customer.

Roy Williams was a registered representative of Stifel Nicolaus & Company 2009 to May 2023.  He worked in offices in Indianapolis, Indiana.

FINRA Rule 3240 governs when financial advisors borrow money from customers.  Generally financial advisors cannot borrow money from customers unless the advisor has prior permission from the brokerage firms, and a list of limited exceptions applies to the transaction.

Our investment fraud law firm has sued dozens of different brokerage firms, including Stifel Nicolaus & Company.  We also represent clients in Indiana.

View Williams, r BrokerCheck 7.19.23

If you lost money with Roy Williams or Stifel Nicolaus & Company, please Contact Us at 206-795-5798 for a free evaluation of your case.