In 2019, we represented a licensee of the Department of Insurance who had previously held a restricted license due to a criminal conviction. After the initial restrictions were lifted, the client was disciplined twice by FINRA, revoked in another state, and had an application denied in yet another state. The client failed to notify DOI
restricted license
Restricted Real Estate License Issued to Applicant with Felony Conviction and Nine Undisclosed Misdemeanors
By Fredrick Ray on
Posted in Case Results
A firm client who had a felony conviction for possession of narcotics for sale and nine undisclosed misdemeanor convictions was granted a restricted real estate salesperson’s license in a negotiated settlement. A restricted license enables a salesperson to perform all the functions of any real estate salesperson, with the condition that a new law violation…