From working in the industry I can tell you it would be very difficult to work at a “pump and dump” operation and not know it. He moved and worked with these same principals at different firms.
Having taken slews of financial exams over 35+ years, I can tell you the basic one is a Series 7 which Bales took. It is HEAVY on ethics.
But, maybe he didn’t study that part. But i can tell you that pleading ignorance of the law is no defense.
And I think his blowing off the arbitration hearing speaks volumes. It was his chance to exonerate himself and clear his name!
You KNOW the laws of the jungle?
Whatever.
Go take another test.
In this and your post #331 you seem predisposed to dislike Bales. If you’ve got some built-in prejudice in this case, just state as much. It will make it easier to discount your views.