The Arizona Corporation Commission has revoked the Arizona securities salesman registration of Darien Euclid Bonney of Scottdale, ordered him to pay $1.98 million in restitution and a $30,000 penalty for his dishonest and unethical conduct.
The Commission found Bonney engaged in “selling away,” which is the practice of a registered salesperson selling products that have not been approved by his or her dealer, according to a press release.
It is considered dishonest and unethical conduct under Commission rules and grounds for revoking a salesperson’s registration…