The Financial Industry Regulatory Authority (FINRA) recently expelled a J.P. Morgan Securities broker based in San Jose, California, for engaging in a fraudulent scheme to sell customer information to an accomplice between December 18, 2012, and January 22, 2013. The accomplice used the customer account numbers and signature cards to make unauthorized withdrawals from 10 customers that had accounts with J.P. Morgan’s affiliated bank J.P. Morgan Chase Bank. As part of a settlement reached with FINRA, the broker involved in the scheme agreed to be barred from associating with any FINRA member broker-dealer in any capacity.