The Financial Industry Regulatory Authority says that a former Texas broker charged with murder last year has failed to cooperate with its investigation into his conduct.
Keith Ashley began his career in the financial services industry in 2000 and joined Parkland Securities in Allen, Texas, in 2002, according to his BrokerCheck profile. The firm discharged him at the end of October 2020 over allegations of undisclosed outside business activities, according to BrokerCheck.
On November 12, 2020, a federal grand jury indicted Allen on six counts of wire fraud related to an alleged Ponzi scheme involving at least nine victims.
Days later, Ashley was charged with murder for the shooting death of James “Jim” Seegan, 62, of Carrollton, Texas, who was one of the nine alleged Ponzi scheme victims.
Ashley, who detectives said was also a registered nurse, is accused of staging Seegan’s death on February 19, 2020, to make it look like suicide, after a drug screen test found an anesthetic agent in Seegan’s system that renders a patient unconscious.
One of Seegan’s life insurance policies was worth $2 million, and about three weeks before his death, the beneficiary on that policy was changed from Seegan’s wife to Seegan’s trust, in which Ashley had direct access to funds, local news media reported in November 2020.
On Friday, meanwhile Finra filed a complaint against Ashley alleging that he failed to respond to the self-regulator’s request for information made on January 22,…