FINRA Bars Former Integral Wealth Advisor David Franklin Amid Ongoing Criminal Charges
The Financial Industry Regulatory Authority (FINRA) has barred former Integral Wealth Securities broker David Franklin (CRD #5236215) from the securities industry after he allegedly refused to cooperate with an investigation related to his termination and pending criminal charges.
According to FINRA’s Letter of Acceptance, Waiver, and Consent (No. 2025086279401) filed in October 2025, Franklin failed to comply with FINRA’s requests for documents and information tied to an internal probe into his conduct at Integral Wealth Securities. Through counsel, Franklin informed the regulator that he would not provide the requested materials, in violation of FINRA Rules 8210 and 2010, which require brokers to respond to investigations and uphold high standards of commercial honor.
As a result, FINRA barred Franklin from associating with any member firm in any capacity.
Criminal Charges Pending
Public records also show that Franklin faces federal criminal charges in the U.S. District Court for the District of Oregon, including:
- One count of conspiracy to commit money laundering
- One count of conspiracy to commit healthcare fraud
- Three counts of illegal healthcare kickbacks
These charges remain pending.
Industry Background
According to BrokerCheck, Franklin held eight years of experience in the securities industry. He was registered with Integral Wealth Securities from 2018 to 2025, and previously worked with 1st Bridgehouse Securities and Toll Cross Securities USA.
Regulatory Oversight and Investor Risk
FINRA’s decision to bar Franklin underscores the regulator’s zero-tolerance stance toward non-cooperation and criminal conduct among registered brokers. When financial professionals refuse to comply with investigations—or face unrelated criminal allegations—investors’ trust and assets are put at risk.
Silver Miller Investigates Broker and Advisor Misconduct
If you invested with David Franklin or Integral Wealth Securities and suffered losses due to potential fraud, negligence, or financial misconduct, you may have legal options to recover your funds.
Silver Miller represents investors nationwide in cases involving broker fraud, money laundering, and investment misrepresentation. Our attorneys pursue recovery through FINRA arbitration and civil litigation against negligent firms and advisors.
Contact Silver Miller for a free and confidential case review. We handle cases on a contingency fee basis—meaning you pay nothing unless we recover for you.
