JAMES WILLIAM FLOWER...B 01/2004 - 07/2004 GRANITE ASSOCIATES, INC 46682 DELRAY BEACH, FL B 04/2003 - 01/2004 CONTINENTAL BROKER-DEALER CORP. 14048 CARLE PLACE, NY B 01/2001 - 05/2003

BrokerCheck Report

JAMES WILLIAM FLOWER

Section Title

Report Summary

Broker Qualifications

Registration and Employment History

Disclosure Events

CRD# 2817701

1

2 - 4

6 - 7

8

Page(s)

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About BrokerCheck®

BrokerCheck offers information on all current, and many former, registered securities brokers, and all current and formerregistered securities firms. FINRA strongly encourages investors to use BrokerCheck to check the background ofsecurities brokers and brokerage firms before deciding to conduct, or continue to conduct, business with them.

· What is included in a BrokerCheck report?· BrokerCheck reports for individual brokers include information such as employment history, professional

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· Where did this information come from?· The information contained in BrokerCheck comes from FINRA’s Central Registration Depository, or

CRD® and is a combination of: o information FINRA and/or the Securities and Exchange Commission (SEC) require brokers and

brokerage firms to submit as part of the registration and licensing process, and o information that regulators report regarding disciplinary actions or allegations against firms or brokers.

· How current is this information?· Generally, active brokerage firms and brokers are required to update their professional and disciplinary

information in CRD within 30 days. Under most circumstances, information reported by brokerage firms, brokersand regulators is available in BrokerCheck the next business day.

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· To check the background of an investment adviser firm or representative, you can search for the firm orindividual in BrokerCheck. If your search is successful, click on the link provided to view the available licensingand registration information in the SEC's Investment Adviser Public Disclosure (IAPD) website athttps://www.adviserinfo.sec.gov. In the alternative, you may search the IAPD website directly or contact your statesecurities regulator at http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/P455414.

· Are there other resources I can use to check the background of investment professionals?· FINRA recommends that you learn as much as possible about an investment professional before deciding

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brokercheck.finra.org


https://www.AdviserInfo.sec.gov

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JAMES W. FLOWER

CRD# 2817701

Currently employed by and registered with thefollowing Firm(s):

SPARTAN CAPITAL SECURITIES, LLC595 STEWART AVENUE, 8TH FLOORGARDEN CITY, NY 11530CRD# 146251Registered with this firm since: 06/13/2019

B

Report Summary for this Broker

This report summary provides an overview of the broker's professional background and conduct. Additionalinformation can be found in the detailed report.

Disclosure Events

All individuals registered to sell securities or provideinvestment advice are required to disclose customercomplaints and arbitrations, regulatory actions,employment terminations, bankruptcy filings, andcriminal or civil judicial proceedings.

Are there events disclosed about this broker? Yes

The following types of disclosures have beenreported:

Type Count

Regulatory Event 2

Customer Dispute 4

Financial 1


This broker is registered with:

1 Self-Regulatory Organization

18 U.S. states and territories

This broker has passed:

0 Principal/Supervisory Exams

2 General Industry/Product Exams

1 State Securities Law Exam

Registration History

This broker was previously registered with thefollowing securities firm(s):

SW FINANCIALCRD# 145012Melville, NY12/2015 - 06/2019

B

LAIDLAW & COMPANY (UK) LTD.CRD# 119037MELVILLE, NY05/2014 - 12/2015

B

GLOBAL ARENA CAPITAL CORPCRD# 16871MELVILLE, NY11/2010 - 05/2014

B

www.finra.org/brokercheck User Guidance

1�2020 FINRA. All rights reserved. Report about JAMES W. FLOWER.


http://www.finra.org/brokercheck

http://www.finra.org/brokercheck_reports



Registrations

This section provides the self-regulatory organizations (SROs) and U.S. states/territories the broker is currently registered and licensed with, thecategory of each license, and the date on which it became effective. This section also provides, for every brokerage firm with which the broker iscurrently employed, the address of each branch where the broker works.

This individual is currently registered with 1 SRO and is licensed in 18 U.S. states and territories through his or her employer.

Employment 1 of 1Firm Name:

Main Office Address:

Firm CRD#:

SPARTAN CAPITAL SECURITIES, LLC

146251

45 BROADWAY19TH FLOORNEW YORK, NY 10006

SRO Category Status Date

B FINRA General Securities Representative APPROVED 06/13/2019

BU.S. State/ Territory Category Status Date

B Arizona Agent APPROVED 06/13/2019

B California Agent APPROVED 07/24/2019

B Georgia Agent APPROVED 06/13/2019

B Idaho Agent APPROVED 06/17/2019

B Illinois Agent APPROVED 06/13/2019

B Indiana Agent APPROVED 08/07/2019

B Louisiana Agent APPROVED 06/13/2019

B Maryland Agent APPROVED 06/13/2019

B Minnesota Agent APPROVED 06/13/2019

B New Mexico Agent APPROVED 06/13/2019

B New York Agent APPROVED 07/02/2019

B North Carolina Agent APPROVED 07/03/2019





http://www.finra.org/brokercheck_glossary



Employment 1 of 1, continued

BU.S. State/ Territory Category Status Date

B Oklahoma Agent APPROVED 06/14/2019

B Rhode Island Agent APPROVED 06/13/2019

B South Carolina Agent APPROVED 06/13/2019

B Washington Agent APPROVED 06/13/2019

B Wisconsin Agent APPROVED 06/13/2019

B Wyoming Agent APPROVED 06/13/2019

Branch Office Locations

SPARTAN CAPITAL SECURITIES, LLC595 STEWART AVENUE, 8TH FLOORGARDEN CITY, NY 11530







Industry Exams this Broker has Passed

This individual has passed 0 principal/supervisory exams, 2 general industry/product exams, and 1 state securities law exam.

This section includes all securities industry exams that the broker has passed. Under limited circumstances, a broker may attain a registrationafter receiving an exam waiver based on exams the broker has passed and/or qualifying work experience. Any exam waivers that the broker hasreceived are not included below.

Exam Category Date

Principal/Supervisory Exams

No information reported.

Exam Category Date

General Industry/Product Exams

Securities Industry Essentials Examination 10/01/2018SIEB

General Securities Representative Examination 09/05/1997Series 7B

Exam Category Date

State Securities Law Exams

Uniform Securities Agent State Law Examination 12/20/1996Series 63B

Additional information about the above exams or other exams FINRA administers to brokers and other securities professionals can be found atwww.finra.org/brokerqualifications/registeredrep/.





www.finra.org/brokerqualifications/registeredrep/



Professional Designations

This section details that the representative has reported 0 professional designation(s).

No information reported.







Registration History

Registration Dates Firm Name CRD# Branch Location

The broker previously was registered with the following firms:

B 12/2015 - 06/2019 SW FINANCIAL 145012 Melville, NY

B 05/2014 - 12/2015 LAIDLAW & COMPANY (UK) LTD. 119037 MELVILLE, NY

B 11/2010 - 05/2014 GLOBAL ARENA CAPITAL CORP 16871 MELVILLE, NY

B 10/2009 - 11/2010 PRESTIGE FINANCIAL CENTER, INC. 30407 MELVILLE, NY

B 08/2009 - 11/2009 BROOKSTONE SECURITIES, INC. 13366 GARDEN CITY, NY

B 04/2008 - 09/2009 PRESTIGE FINANCIAL CENTER, INC. 30407 GARDEN CITY, NY

B 04/2008 - 05/2008 OBSIDIAN FINANCIAL GROUP, LLC 104255 WOODBURY, NY

B 04/2006 - 04/2008 WESTROCK ADVISORS, INC. 114338 WOODBURY, NY

B 08/2004 - 05/2006 J.P. TURNER & COMPANY, L.L.C. 43177 GARDEN CITY, NY

B 08/2004 - 08/2004 WESTROCK ADVISORS, INC. 114338 NEW YORK, NY

B 01/2004 - 07/2004 GRANITE ASSOCIATES, INC 46682 DELRAY BEACH, FL

B 04/2003 - 01/2004 CONTINENTAL BROKER-DEALER CORP. 14048 CARLE PLACE, NY

B 01/2001 - 05/2003 HARRISON SECURITIES, INC. 14103 PORT WASHINGTON, NY

B 09/1998 - 12/2000 WHITEHALL WELLINGTON INVESTMENTS,INC.

38022 PORT WASHINGTON, NY

B 01/1998 - 09/1998 TASIN & COMPANY, INC. 30709 HAUPPAUGE, NY

B 12/1997 - 01/1998 DUKE & CO., INC. 8035 NEW YORK, NY

B 09/1997 - 11/1997 GAINES, BERLAND INC. 14623 BETHPAGE, NY

Employment History







Employment History, continued

Employment Employer Name Investment RelatedPosition Employer Location

This section provides up to 10 years of an individual broker's employment history as reported by the individual broker on the most recently filedForm U4.

Please note that the broker is required to provide this information only while registered with FINRA or a national securities exchangeand the information is not updated via Form U4 after the broker ceases to be registered. Therefore, an employment end date of"Present" may not reflect the broker's current employment status.

06/2019 - Present Spartan Capital Securities, LLC RegisteredRepresentative

Y Garden City, NY, UnitedStates

11/2015 - 06/2019 Salomon Whitney Financial RegisteredRepresentative

Y Farmingdale, NY, UnitedStates

10/2017 - 03/2019 Elite Coin and Bullion Rare Coin Sales N Melville, NY, United States

05/2014 - 11/2015 LAIDLAW AND COMPANY (UK) LTD REGISTEREDREPRESENTATIVE

Y NEW YORK, NY, UnitedStates

11/2010 - 05/2014 GLOBAL ARENA CAPITAL RR Y NEW YORK, NY, UnitedStates

Other Business Activities

This section includes information, if any, as provided by the broker regarding other business activities the broker is currently engaged in either asa proprietor, partner, officer, director, employee, trustee, agent or otherwise. This section does not include non-investment related activity that isexclusively charitable, civic, religious or fraternal and is recognized as tax exempt.

JAMES FLOWER INC.; OWNER; 2 RAWLINGS DRIVE, MELLVILLE, NY 11747; NON INVESTMENT RELATED; used for tax purposes;STARTED 01-19-2012; 2 HOURS PER MONTH 0 DURING BUSINESS HOURS






Disclosure Events

What you should know about reported disclosure events:

1. All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations,regulatory actions, employment terminations, bankruptcy filings, and criminal or civil judicial proceedings.

2. Certain thresholds must be met before an event is reported to CRD, for example: o A law enforcement agency must file formal charges before a broker is required to disclose a particular criminal event. o A customer dispute must involve allegations that a broker engaged in activity that violates certain rules or conduct governing the

industry and that the activity resulted in damages of at least $5,000. o

3. Disclosure events in BrokerCheck reports come from different sources: o As mentioned at the beginning of this report, information contained in BrokerCheck comes from brokers, brokerage firms and

regulators. When more than one of these sources reports information for the same disclosure event, all versions of the event willappear in the BrokerCheck report. The different versions will be separated by a solid line with the reporting source labeled.

o4. There are different statuses and dispositions for disclosure events:

o A disclosure event may have a status of pending, on appeal, or final.§ A "pending" event involves allegations that have not been proven or formally adjudicated.§ An event that is "on appeal" involves allegations that have been adjudicated but are currently being appealed.§ A "final" event has been concluded and its resolution is not subject to change.

o A final event generally has a disposition of adjudicated, settled or otherwise resolved.§ An "adjudicated" matter includes a disposition by (1) a court of law in a criminal or civil matter, or (2) an administrative

panel in an action brought by a regulator that is contested by the party charged with some alleged wrongdoing.§ A "settled" matter generally involves an agreement by the parties to resolve the matter. Please note that brokers and

brokerage firms may choose to settle customer disputes or regulatory matters for business or other reasons.§ A "resolved" matter usually involves no payment to the customer and no finding of wrongdoing on the part of the

individual broker. Such matters generally involve customer disputes.

For your convenience, below is a matrix of the number and status of disclosure events involving this broker. Further informationregarding these events can be found in the subsequent pages of this report. You also may wish to contact the broker to obtain furtherinformation regarding these events.

Final On AppealPending

Regulatory Event 1 1 0

Customer Dispute 0 4 N/A

Financial 0 1 N/A






Disclosure Event Details

When evaluating this information, please keep in mind that a discloure event may be pending or involve allegations that are contested and havenot been resolved or proven. The matter may, in the end, be withdrawn, dismissed, resolved in favor of the broker, or concluded through anegotiated settlement for certain business reasons (e.g., to maintain customer relationships or to limit the litigation costs associated with disputingthe allegations) with no admission or finding of wrongdoing.

This report provides the information exactly as it was reported to CRD and therefore some of the specific data fields contained in the report maybe blank if the information was not provided to CRD.

Regulatory - Final

This type of disclosure event may involve (1) a final, formal proceeding initiated by a regulatory authority (e.g., a state securities agency, self-regulatory organization, federal regulatory such as the Securities and Exchange Commission, foreign financial regulatory body) for a violation ofinvestment-related rules or regulations; or (2) a revocation or suspension of a broker's authority to act as an attorney, accountant, or federalcontractor.

Disclosure 1 of 1

Reporting Source: Regulator

Regulatory Action InitiatedBy:

FINRA

Sanction(s) Sought:

Date Initiated: 06/12/2017

Docket/Case Number: 2014040644001

Employing firm when activityoccurred which led to theregulatory action:

Global Arena Capital Corp.

Product Type: Other: exchange-traded note

Allegations: Without admitting or denying the findings, Flower consented to the sanctions andto the entry of findings that he recommended that 13 of his customers invest in ahighly volatile exchange-traded note without having a reasonable basis forrecommending the transactions. The findings stated that at the time Flower wasrecommending the exchange-traded note, Flower incorrectly believed that it tradedinverse to the S&P 500 index. This erroneous perception led him to recommendthat customers purchase and hold the exchange-traded note as a hedge to ananticipated overall market decline. Based on Flower's recommendations, 13customers suffered losses in excess of $249,000 after holding their shares forperiods ranging from two weeks to over one year. Flower lacked a sufficientunderstanding of the mechanics of the exchange-traded note to form a reasonablebasis upon which to recommend the purchase of it to his customers.





https://www.finra.org/rules-guidance/oversight-enforcement/finra-disciplinary-actions?search=2014040644001


Without admitting or denying the findings, Flower consented to the sanctions andto the entry of findings that he recommended that 13 of his customers invest in ahighly volatile exchange-traded note without having a reasonable basis forrecommending the transactions. The findings stated that at the time Flower wasrecommending the exchange-traded note, Flower incorrectly believed that it tradedinverse to the S&P 500 index. This erroneous perception led him to recommendthat customers purchase and hold the exchange-traded note as a hedge to ananticipated overall market decline. Based on Flower's recommendations, 13customers suffered losses in excess of $249,000 after holding their shares forperiods ranging from two weeks to over one year. Flower lacked a sufficientunderstanding of the mechanics of the exchange-traded note to form a reasonablebasis upon which to recommend the purchase of it to his customers.

Current Status: Final

Resolution: Acceptance, Waiver & Consent(AWC)

Resolution Date: 06/12/2017

Sanctions Ordered:

Does the order constitute afinal order based onviolations of any laws orregulations that prohibitfraudulent, manipulative, ordeceptive conduct?

No

SuspensionUndertakingOther: Within 60 days of the date of the Notice of Acceptance of the AWC, Flowerwill undertake to attend and satisfactorily complete 10 hours of continuingeducation concerning complex products, which includes exchange-traded notes,by a provider not unacceptable to FINRA. Within 30 days of following completion ofsuch training, Flower will submit written proof that the continuing educationprogram has been satisfactorily completed. In light of Flower's financial status, nomonetary sanction is being assessed.

If the regulator is the SEC,CFTC, or an SRO, did theaction result in a finding of awillful violation or failure tosupervise?

No

(1) willfully violated anyprovision of the SecuritiesAct of 1933, the SecuritiesExchange Act of 1934, theInvestment Advisers Act of1940, the InvestmentCompany Act of 1940, theCommodity Exchange Act, orany rule or regulation underany of such Acts, or any ofthe rules of the MunicipalSecurities Rulemaking Board,or to have been unable tocomply with any provision ofsuch Act, rule or regulation?






(1) willfully violated anyprovision of the SecuritiesAct of 1933, the SecuritiesExchange Act of 1934, theInvestment Advisers Act of1940, the InvestmentCompany Act of 1940, theCommodity Exchange Act, orany rule or regulation underany of such Acts, or any ofthe rules of the MunicipalSecurities Rulemaking Board,or to have been unable tocomply with any provision ofsuch Act, rule or regulation?

(2) willfully aided, abetted,counseled, commanded,induced, or procured theviolation by any person ofany provision of theSecurities Act of 1933, theSecurities Exchange Act of1934, the InvestmentAdvisers Act of 1940, theInvestment Company Act of1940, the CommodityExchange Act, or any rule orregulation under any of suchActs, or any of the rules ofthe Municipal SecuritiesRulemaking Board? or

(3) failed reasonably tosupervise another personsubject to your supervision,with a view to preventing theviolation by such person ofany provision of theSecurities Act of 1933, theSecurities Exchange Act of1934, the InvestmentAdvisers Act of 1940, theInvestment Company Act of1940, the CommodityExchange Act, or any rule orregulation under any suchActs, or any of the rules ofthe Municipal SecuritiesRulemaking Board?






(3) failed reasonably tosupervise another personsubject to your supervision,with a view to preventing theviolation by such person ofany provision of theSecurities Act of 1933, theSecurities Exchange Act of1934, the InvestmentAdvisers Act of 1940, theInvestment Company Act of1940, the CommodityExchange Act, or any rule orregulation under any suchActs, or any of the rules ofthe Municipal SecuritiesRulemaking Board?

Capacities Affected: All Capacities

Duration: Three months

Start Date: 07/03/2017

End Date: 10/02/2017

Sanction 1 of 1

Sanction Type: Suspension

iReporting Source: Broker


FINRA

Sanction(s) Sought: Suspension




Global Arena Capital Corp.

Product Type: Other: Exchange traded note

Allegations:12�2020 FINRA. All rights reserved. Report about JAMES W. FLOWER.






Allegations: Without admitting or denying the findings, Flower consented to the sanctions andto the entry of findings that he recommended that 13 of his customers invest in ahighly volatile exchange-traded note without having a reasonable basis forrecommending the transactions. The findings stated that at the time Flower wasrecommending the exchange-traded note, Flower incorrectly believed that it tradedinverse to the S&P 500 index. This erroneous perception led him to recommendthat customers purchase and hold the exchange-traded note as a hedge to ananticipated overall market decline. Based on Flower's recommendations, 13customers suffered losses in excess of $249,000 after holding their shares forperiods ranging from two weeks to over one year. Flower lacked a sufficientunderstanding of the mechanics of the exchange-traded note to form a reasonablebasis upon which to recommend the purchase of it to his customers.

Current Status: Final

Resolution: Acceptance, Waiver & Consent(AWC)

Resolution Date: 06/16/2017

Sanctions Ordered:

Does the order constitute afinal order based onviolations of any laws orregulations that prohibitfraudulent, manipulative, ordeceptive conduct?

No

SuspensionOther: Within 60 days of the date of the Notice of Acceptance of the AWC, Flowerwill undertake to attend and satisfactorily complete 10 hours of continuingeducation concerning complex products, which includes exchange-traded notes,by a provider not unacceptable to FINRA. Within 30 days of following completion ofsuch training, Flower will submit written proof that the continuing educationprogram has been satisfactorily completed. In light of Flower's financial status, nomonetary sanction is being assessed.

Capacities Affected: All capacities

Duration: Three (3) Months

Start Date: 07/03/2017

End Date: 10/02/2017

Sanction 1 of 1

Sanction Type: Suspension






Regulatory - Pending

This type of disclosure event involves a pending formal proceeding initiated by a regulatory authority (e.g., a state securities agency, self-regulatory organization, federal regulatory agency such as the Securities and Exchange Commission, foreign financial regulatory body) for allegedviolations of investment-related rules or regulations.

Disclosure 1 of 1



FINRA

Sanction(s) Sought: Other: N/A




SW Financial

Product Type: Other: Unspecified Securities

Allegations: Flower was named a respondent in a FINRA complaint alleging that he willfullyviolated Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) andRule 10b-5 thereunder, and violated FINRA Rule 2020 by churning andexcessively trading in customers' accounts. The complaint alleges that Flowercontrolled the trading in the customers' accounts, decided what securities to buyand sell, the quantity of each transaction, and the timing of each transaction.Flower also made unauthorized trades in a customer's account. Flower's trading inthe accounts was grossly excessive and quantitatively unsuitable for thecustomers, as evidenced by the extremely high annualized turnover and cost-to-equity ratios, the frequency of the transactions, and the transaction costs incurred.Flower's trading in the customers' accounts resulted in realized losses totaling over$220,000 while generating more than $210,000 in commissions and fees. Flower'schurning and excessive trading made it virtually impossible for any of thecustomers to make a profit. The complaint also alleges that Flower executedtrades in the non-discretionary account of a customer without first obtaining thecustomer's required authorization or consent. The complaint further alleges thatFlower caused inaccuracies in his member firm's books and records bymismarking solicited sales transactions in those accounts as unsolicited.

Current Status: Pending









FINRA

Sanction(s) Sought: Other: N/A




SW Financial

Product Type: Other: Unspecified Securities

Allegations: Flower was named a respondent in a FINRA complaint alleging that he willfullyviolated Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) andRule 10b-5 thereunder, and violated FINRA Rule 2020 by churning andexcessively trading in customers' accounts. The complaint alleges that Flowercontrolled the trading in the customers' accounts, decided what securities to buyand sell, the quantity of each transaction, and the timing of each transaction.Flower also made unauthorized trades in a customer's account. Flower's trading inthe accounts was grossly excessive and quantitatively unsuitable for thecustomers, as evidenced by the extremely high annualized turnover and cost-to-equity ratios, the frequency of the transactions, and the transaction costs incurred.Flower's trading in the customers' accounts resulted in realized losses totaling over$220,000 while generating more than $210,000 in commissions and fees. Flower'schurning and excessive trading made it virtually impossible for any of thecustomers to make a profit. The complaint also alleges that Flower executedtrades in the non-discretionary account of a customer without first obtaining thecustomer's required authorization or consent. The complaint further alleges thatFlower caused inaccuracies in his member firm's books and records bymismarking solicited sales transactions in those accounts as unsolicited.

Current Status: Pending







Customer Dispute - Settled

This type of disclosure event involves a consumer-initiated, investment-related complaint, arbitration proceeding or civil suit containing allegationsof sale practice violations against the broker that resulted in a monetary settlement to the customer.

Disclosure 1 of 2

Reporting Source: Broker

Employing firm whenactivities occurred which ledto the complaint:

Allegations:

Laidlaw and Company (UK) Ltd.

The Client alleges churning and unsuitability from May 2014 to July 2015

Product Type: Equity-OTCEquity Listed (Common & Preferred Stock)

Alleged Damages: $90,000.00

Date Complaint Received: 09/22/2015

Complaint Pending? No

Status:

Status Date: 11/12/2015

Settlement Amount: $45,000.00

Individual ContributionAmount:

$0.00

Broker Statement The claim will be defended vigorously.

Customer Complaint Information

Settled

Is this an oral complaint? No

Is this a written complaint? Yes

Is this an arbitration/CFTCreparation or civil litigation?

No

Disclosure 2 of 2

i



Allegations:

PRESTIGE FINANCIAL CENTER, INC

MISREPRESENTED THE CHARACTERISICS AND RISKS ASSOCITED WITHMULTIPLE PURCHASES OF A ETF, FAILED TO EXECUTE A STOP LOSSORDER AND MISREPRESENTATION OF THE UTILIZATION OF MARGIN. 16�2020 FINRA. All rights reserved. Report about JAMES W. FLOWER.





Allegations: MISREPRESENTED THE CHARACTERISICS AND RISKS ASSOCITED WITHMULTIPLE PURCHASES OF A ETF, FAILED TO EXECUTE A STOP LOSSORDER AND MISREPRESENTATION OF THE UTILIZATION OF MARGIN.

Product Type: Other: ETF




Status:


Settlement Amount:


Date Notice/Process Served: 12/27/2010

Arbitration Pending? No

Disposition: Settled

Disposition Date: 06/17/2011

Monetary CompensationAmount:

$67,500.00


Arbitration Information


$67,500.00

Evolved into Arbitration/CFTC reparation (the individual is a named party)

Alleged Damages AmountExplanation (if amount notexact):

MISREPRESENTED THE CHARACTERISICS AND RISKS ASSOCITED WITHMULTIPLE PURCHASES OF AN ETF, FAILED TO EXECUTE A STOP LOSSORDER AND MISREPRESENTATION OF THE UTILIZATION OF MARGIN.

Is this an oral complaint? No

Is this a written complaint? Yes

Is this an arbitration/CFTCreparation or civil litigation?

No

Arbitration/CFTC reparationclaim filed with (FINRA, AAA,CFTC, etc.):

FINRA

Docket/Case #: 10-05029





https://www.finra.org/arbitration-mediation/arbitration-awards-online?search=10-05029


Broker Statement COMPLAINT SETTLED-- WITHOUT ADMITTING OR DENYING ANY WRONGDOING. I CONTRIBUTED WHAT WAS ADVISED, AFTER DOING ANECONOMIC ANALYSIS OF THE COST FOR AN ARBITRATION HEARING


$67,500.00






Customer Dispute - Closed-No Action / Withdrawn / Dismissed / Denied

This type of disclosure event involves (1) a consumer-initiated, investment-related arbitration or civil suit containing allegations of sales practiceviolations against the individual broker that was dismissed, withdrawn, or denied; or (2) a consumer-initiated, investment-related written complaintcontaining allegations that the broker engaged in sales practice violations resulting in compensatory damages of at least $5,000, forgery, theft, ormisappropriation, or conversion of funds or securities, which was closed without action, withdrawn, or denied.

Disclosure 1 of 2



Allegations:

Global Arena Capital Corp., and Laidlaw and Company(UK) Ltd.

Client alleges over-concentration, unsuitability, excessive use of margin andchurning from November 2014 to March 2015

Product Type: Equity-OTCEquity Listed (Common & Preferred Stock)


Date Notice/Process Served: 09/18/2015

Arbitration Pending? No

Disposition: Other: Stayed due to bankruptcy


Broker Statement The claim will be defended vigorously.

Arbitration Information

Arbitration/CFTC reparationclaim filed with (FINRA, AAA,CFTC, etc.):

FINRA


Disclosure 2 of 2

i

Reporting Source: Firm


Allegations:

J.P. TURNER & COMPANY L.L.C.

CLIENT ALLEGES BROKER FAILED TO PLACE STOP LOSS AS INSTRUCTED.

Product Type: Equity - OTC

$21,000.00 19�2020 FINRA. All rights reserved. Report about JAMES W. FLOWER.








Status:


Settlement Amount:



Withdrawn



Allegations:

JP TURNER & COMPANY LLC

CLIENT ALLEGES BROKER FAILED TO PLACE STOP LOSS AS INSTRUCTED

Product Type: Equity - OTC




Status:


Settlement Amount:



Withdrawn






Financial - Final

This type of disclosure event involves a bankruptcy, compromise with one or more creditors, or Securities Investor Protection Corporationliquidation involving the broker or an organization/brokerage firm the broker controlled that occurred within the last 10 years.

Disclosure 1 of 1


Action Type: Bankruptcy

Action Date: 01/14/2016

Organization Investment-Related?

Action Pending? No

Disposition: Discharged


PROCEEDINGS IN FINRA ARBITRATION CASE # 15-02278 AGAINST FLOWER,JAMES WILLIAM WERE STAYED BY BANKRUPTCY PROCEEDINGS IN THE U.S. BANKRUPTCY COURT, NEW YORK EASTERN - CENTRALISLIP, CASE #16-70155.

Regulator Statement

Bankruptcy: Chapter 7

Type of Court: Federal Court

Name of Court: UNITED STATES BANKRUPTCY COURT

Location of Court: NEW YORK EASTERN - CENTRALISLIP



Action Type: Bankruptcy

Action Date: 01/14/2016

Organization Investment-Related?

Bankruptcy: Chapter 7

Type of Court: Federal Court

Name of Court: Bankruptcy court Eastern District of Long Island

Central Islip , NY21�2020 FINRA. All rights reserved. Report about JAMES W. FLOWER.





Action Pending? No

Disposition: Discharged


Location of Court: Central Islip , NY







End of Report

This page is intentionally left blank.





Documents

JAMES WILLIAM FLOWER...B 01/2004 - 07/2004 GRANITE ASSOCIATES, INC 46682 DELRAY BEACH, FL B 04/2003 - 01/2004 CONTINENTAL BROKER-DEALER CORP. 14048 CARLE PLACE, NY B 01/2001 - 05/2003