Mohammed Salim

Former Morgan Stanley financial advisor Mohammed Salim has been barred from the securities industry by FINRA after failing to cooperate with a regulatory investigation into allegations of serious misconduct.

Salim was discharged by Morgan Stanley in October 2024 following allegations that he made unauthorized sales and transferred funds from a customer’s account to pay off his own creditors. These accusations triggered a FINRA investigation. When Salim refused to provide documents or appear for on-the-record testimony, FINRA imposed a permanent bar under Rule 8210 for noncooperation.

Salim had been registered with Morgan Stanley in New York from November 2022 until his termination in October 2024. Prior to that, he worked for Charles Schwab (2021–2022) and Merrill Lynch (2019–2021). While FINRA’s bar does not involve findings of guilt, it represents a serious sanction for a failure to comply with regulatory obligations.

Unauthorized transactions and misuse of client funds are major violations of FINRA’s rules and can expose brokerage firms to liability for failure to supervise. Investors who believe they may have been affected by Salim’s conduct may have grounds for recovery.

If you invested with Mohammed Salim and experienced suspicious account activity or unauthorized transactions, contact ChapmanAlbin to find out how we can help.

Call 1-877-410-8172 or visit chapmanalbin.com to schedule a free consultation.