Former products representative barred for allegedly refusing to produce documents and information
FINRA Rule 2010 FINRA Rule 8210
Securities representative suspended and fined for allegedly falsely certifying that he had personally completed the continuing education required to hold an insurance license
Another person had completed 15 hours of insurance continuing education on his behalf.
FINRA Rule 2010
Goldman Sachs & Co. censured and fined for alleged surveillance report shortcomings
The firm failed to include warrants, rights, units, and certain OTC equity securities in nine of its surveillance reports. The securities were not included in the reports for periods ranging from two to 12 years.
According to FINRA’s extrapolations from available data the reports could have identified approximately 5,000 alerts for potentially manipulative trading.
NASD Rule 3010 FINRA Rule 2010 FINRA Rule 3110
Securities representative suspended and fined for allegedly exercising discretion over customer accounts
The representative held and maintained three brokerage accounts during the period October 2017 and March 2022. This was done without written authorization from his three employers at the time and without notifying the relevant financial institutions with whom those accounts were held of his association with those employers.
FINRA Rule 2010 FINRA Rule 3210
Former products representative suspended and fined for allegedly holding outside brokerage accounts without authorization
The representative held and maintained three brokerage accounts during the period October 2017 and March 2022. This was done without written authorization from his three employers at the time and without notifying the relevant financial institutions with whom those accounts were held of his association with those employers.
FINRA Rule 2010 FINRA Rule 3210
Former securities representative suspended and fined for allegedly participating in private securities transactions without notifying or receiving written approval from his firm
FINRA Rule 2010 FINRA Rule 3280
| Unless otherwise noted all respondents accepted and consented to FINRA’s findings without admitting or denying them. |